Chelmsford net company growth declined in third quarter reports Duport

Chelmsford, UK (PRWEB UK) 9 January 2013

Research by leading company formation agents shows that, between July and September 2012, net company growth in Chelmsford fell to 154, compared to 229 in the third quarter of 2011.

The UK company share of Chelmsford also fell during the third quarter, as did the number of company registrations, suggesting that the area is still suffering from the effects of the recession.

However, the local economy is set to receive a boost with a new development that has recently received planning permission. The riverside development will include a flagship John Lewis store, an eight-screen cinema, 25 shops and four restaurants. It will create 450 jobs and is expected to bring

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