Cambridge companies saw turnover rocket last year as the city’s business scene continues to thrive.
Data from Cambridge University’s Centre for Business Research shows the 24,000 Cambridge-based companies achieved total turnover growth of 14.4 per cent in the year to April 2017, making total turnover £43.3bn. In the same period total employment growth was 9.2 per cent, to 224,762 people. On both measures, growth accelerated from 10.8 per cent and 7.2 per cent respectively in the similar period to April 2016.
Read the press release [cambridge-news.co.uk]