IPSWICH, Colchester and Chelmsford are among 11 towns and cities in the East of England to rank among the UK's top 100 “hot spots” for home-based businesses.
IPSWICH, Colchester and Chelmsford are among 11 towns and cities in the East of England to rank among the UK's top 100 “hot spots” for home-based businesses.
According to the 2009 Home Business Report, sponsored by BT, home-based firms are generating an annual income of �28 billion for the East of England economy and this is set to rise with 89% of UK home businesses expected to increase turnover next year.
Colchester ranks second in the region for growth in the number of home businesses, behind Bedford, with Norwich third, Peterborough fourth and Luton fifth. Chelmsford is ranked seventh and Ipswich ninth.
Peter McCarthy-Ward, BT's East of England regional director, said: “These home-based entrepreneurs really are the lifeblood of their local communities. They are demonstrating great business acumen by ensuring they harness the opportunities the internet brings to their core businesses. This is how they are flourishing in this tough economic climate.”
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