Business women in Sutton are setting a new record and bucking the national trend.

The percentage of women launching new businesses in the borough each year is sharply increasing.

Last year, from July to September, 31.6 per cent of all company director appointments were female while the UK average is just 26.2 per cent.

The figure represents a new record for Sutton and a rise of 8.8 per cent on the previous two years.
The news has been welcomed by the council’s Opportunity Sutton programme which aims to make the borough more enterprising and increase inward investment.

The council claims the project has attracted over £322m of investment into the borough over the last year and during July to September 2013 a total of 216 companies were registered in Sutton.

Councillor Jayne McCoy, chair of the housing, economy and business committee, said: “It is great to see that the percentage of women registering new companies in Sutton is rising each year.

“We want to ensure that all our residents benefit from the increasing numbers of business opportunities in Sutton so we’re doing all we can to ensure that everyone is able to access the support offered by our Opportunity Sutton programme.

“Sutton is a great place to launch a business, and the support and guidance that we’re providing will help ensure that new company directors succeed.”

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