Work starts on new distribution centre in Peterborough, expected to create up to 8,000 jobs.
Peterborough: 730 New Companies
730 new companies have been set up in Peterborough since the start of the year, according to new figures.
Statistics from company formation firm deport.co.uk indicate that compares to the first six months of 2011 when 612 new firms were set up in Peterborough.
The figures come after construction work started on a new manufacturing and distribution hub at Great Haddon.
Developers claim the new 'Enterprise Zone' in Peterborough will create up to 8,000 new jobs.
John Bridge, chairman of Cambridgeshire Chambers of Commerce, said: "It is a real boost to the Peterborough economy and a show of great confidence in how businesses see the future of the economy in Peterborough.
We have to say in this current economic climate getting significant investment in this way is really very important in helping drive our own economy but also UK PLC.
The development could create up to 8000 jobs and eventually see 5500 homes built on the site to the south of the city. The project also includes plans for a new shopping area and a school."
Peterborough City Council leader says city will 'keep growing' following census results.
Imagine a food bank, but colder...fridges for the community to share are coming to Cambridgeshire.
Mental health practitioners now work in Cambs Police Control Room, as fewer officer hours are being spent on crime.
Peterborough Man Guilty Of Causing Actual Bodily Harm Along With Racist Assault
Celebrating its 11th year, the Maize Maze at Skylark Garden Centre in Wimblington has a Star Wars theme for 2017.
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