Comment on growth figures
Jeremy Middleton, owner of Middleton Enterprises and board member of the North Eastern LEP
NEWS RELEASE: ISSUED ON BEHALF OF MIDDLETON ENTERPRISES
Business Angel Jeremy Middleton, owner of Middleton Enterprises and a board member of the North Eastern Local Enterprise Partnership, said: “These figures are rear view economics as they reflect the past and not what is happening now.
“They should not be the only factor used to influence business thinking and to determine the country’s future economic plans.
“The LEP and other agencies are working hard to develop strategies that will stimulate an entrepreneurial culture in the region as well as announcing frameworks and capital projects that will drive investment and job creation in the North East.
“In fact, research of key sectors, such as manufacturing, construction and business services, by Bibby Financial Services, counters the belief that Britain has dipped further into recession. Its findings say that the first quarter of the year was the best-performing quarter year-on-year since 2008.
“We have the ability to deliver results by mobilising and bringing together the skills, ideas, knowledge and resources of others including businesses, further and higher education, local authorities, and voluntary and community sector and government. To do this, we must be forward and not backward looking.”
CONTACT: Helen Logan on 01325 363436
Notes to Editors:
Middleton Enterprises Ltd is a private investment company that has made a substantial contribution to the North East’s economy by investing in and providing business advice to entrepreneurial businesses.
During recent years, it has supported seven North East businesses, generally from start-up, usually taking a minority stake and offering strategic advice to support growth.
Jeremy Middleton, owner of Middleton Enterprises and board member of the North Eastern LEPDownload Large