Leamington is the second most
profitable town in the country according to a national poll of
Only Brighton and Hove was
found to have a higher percentage of companies making a profit in the
Leamington has sprung up more
than 50 places compared to its 53rd position lost year.
More than 90 per cent of the
firms questioned said they had made a profit last year, compared to 83
per cent last year.
Keir McDonald, chairman of the
mid-Warwickshire branch of the Coventry and Warwickshire Chamber,
“Leamington has once again
shown that it is amongst the most successful locations in the
country for business, with over 90 per cent of firms making a
“This is a beacon to which
other locations in Coventry and Warwickshire must look, and this
good news shows that it is not all doom and gloom when it comes to
business in the Midlands.”
The town was the number one in
the country for profitable businesses in 1996 and 1997. Coventry was
Leamington’s figure of 90.2
per cent of businesses in profit was over 10 per cent about the 2000
average in the country.
Philip Mellor, senior analyst
at Dun and Bradstreet, who carried out the survey, said:
“It’s good to see
Leamington back near top of our table of towns with the highest
percentage of large profit-making companies.
“The secret of their
continued success is down to the mix of industry and commerce
represented in the town and their ability to attract new business
though greenfield sites, communication and available staff.
“The fact it is the
furthest town north in the top ten is further emphasis that
Leamington has done well to come second.”