A NEW survey has revealed that confidence among businesses in Burton is higher than ever ahead of an expected ‘boom’ period for the town.
The Burton & District Chamber of Commerce quarterly economic survey showed that a whopping 84 per cent of firms in the area expected turnover to increase during the next 12 months.
This, coupled with a recent succession of firms revealing major boosts to job prospects in the area, shows that the town could be on its way back towards returning to pre-recession levels of success.
Chris Plant, director of Burton & District Chamber, said: “This is tremendous news and confirms that the region is emerging strongly from the recession.
“It’s fantastic that confidence is returning to business in the region at a phenomenal rate.”
The report also showed that confidence levels had increased from 80 per cent in the previous quarter and 65 per cent year on year.
Around 70 per cent of the firms also revealed that they thought profits would improve during the next year.
Ian Cooper, owner of Regency Products, based on the Northside Business Park, off Hawkins Lane, said there was new-found optimism among companies in the town.
He said: “Things have definitely improved, there is no doubt about that. Businesses on this industrial estate are taking people on again and are feeling more confident.
“If things are picking up then Burton is the place to be because of the location.
“We are optimistic but it has taken a long time to turn around.”
Burton’s MP Andrew Griffiths said that the news is good for businesses, but also the town as a whole.
He said: “This survey reflects what I have been seeing in terms of economic growth and what I have been hearing when speaking to people involved with business in the town.
“It proves that all the hard work by businesses is having an impact.”
“It also proves that the government’s long-term economic plan is having a lasting and vital impact in the town.”