Record start-up figures

Pictured is Howard Lewis
Pictured is Howard Lewis
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A RECORD for forming companies in Blackpool was smashed last month when more than 155 businesses started trading.

Figures released by showed the record breaking month was the best for five years in the resort and an increase of 19 per cent on last year.

Howard Lewis, chairman of Blackpool Business Leadership Group, said: “It’s very positive news with the current economy and with the risks in Europe.

“To have all these companies in a position to start up is great and shows the hard work of the business groups and enterprises.

“This shows that people can invest in Blackpool in the long term and it’s great news.”

Peter Valaitis, managing director of, added: “Blackpool has smashed a formations record that has stood for five years with these May figures.

“This is remarkable news for the town, and it looks as though entrepreneurship in Blackpool is now higher than it was before the credit crunch began.”

The figures suggest it is the town’s willingness to adapt in the tourism sector and welcome the biggest names in entertainment like Elton John, The Wanted and McFly that has prompted businesses to form.

Coun Gary Coleman, Blackpool Council’s cabinet member for Regeneration and Urban Development, said: “This is really positive news and shows that despite difficult economic situations there are new businesses and jobs being created for people in the town.

“These figures are good, but we will not rest on our laurels.”