UK seaside city house to Britain’s largest port experiencing enterprise increase | UK | News | EUROtoday

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The UK seaside city house to Britain’s largest port is experiencing a enterprise increase. Felixstowe is a city on the Suffolk coast and has a inhabitants of over 24,000 folks. It is the most important container port within the UK.

It is among the many nation’s fastest-growing areas for microbusinesses, these with fewer than 10 workers, making it a hotspot for entrepreneurs.

GoDaddy’s Venture Forward report mapped greater than 600,000 companies throughout Britain to search out every space’s ‘microbusiness density’ in opposition to each 100 residents.

The space dubbed Suffolk Coastal noticed 54 % progress in its focus of microbusinesses over the previous yr, over ten instances the nationwide common of 5 %.

Catherine Hickman is one in all these coastal entrepreneurs and based her natural skincare enterprise, Fanatical Botanical, final yr in Felixstowe.

“Felixstowe has a strong community spirit; people believe in shopping local and supporting small businesses,” she informed the Mail.

“The craft fairs and markets in Felixstowe helped get my business off the ground and in December I launched my website to support the next phase.

“My business is continuing to grow and I’ve just secured three local stockists to distribute my range of natural skincare products.”

The variety of small companies reached a document excessive final yr, in keeping with the Office for National Statistics. A complete of 859,007 firms have been registered in 2023, a rise of just below 75,000 on the earlier yr.

Andrew Gradon, head of GoDaddy UK & Ireland, mentioned: “The UK’s small business community is in good health and we’ve seen growth in microbusiness density in most parts of the country.

“Many iconic coastal towns have been at the heart of this boom. The trend is particularly pronounced in the south of England, as people have moved out of London post-Covid.”