Research showing that Ripon has broken two economic records this year has been welcomed by the entrepreneur at the helm of a development body which aims to boost the city’s profile.
The city has smashed quarterly and half-yearly records for the number of new companies formed, according to company formation expert, Duport.co.uk.
The research showed a record 87 business start-ups launched in the city between January and July. An unprecedented second quarter saw a net growth of 41 new companies, comfortably beating the previous record of 32 which was set in the first quarter of 2012.
Judith Donovan CBE, who chairs the Greater Ripon Improvement Partnership (GRIP), attributed much of the growth to city’s “thriving tourist industry” but said research had revealed the town was not exploiting the amount of trade that could be generated from tourists visiting some of the region’s most popular attractions which are located close to the city.
Gary Verity, chief executive of tourism body Welcome to Yorkshire, added: “With a World Heritage Site, cathedral, racecourse, market and theme park on its doorstep, Ripon has many attractions that other towns or cities could only dream of. It’s important the city capitalises on this with a united front to attract more visitors and investment for the future.”