Business is booming in Romford and Essex, say top bosses

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Close-up of heap of coins over white background - Credit: Getty Images/moodboard RF

Business is booming across Essex and Romford, according to a survey of 60 top companies.

Company Fluid asked bosses for their predictions, with 50 per cent saying their business would grow by more than half in the next 12 months. The same amount said they foresaw a staff increase of four, and in some cases, 20 people.

The news that 90pc said they will be increasing staff wages across the board will be music to the ears of employees.

Its good news also for apprentices as more than half the businesses interviewed will be creating an apprenticeship scheme during the next 12 months.

Richard Schofield, owner of Cycles UK in Market Place, Romford, said: “The findings really mirror the shape of our business.

“Cycling in Havering is on the up, and our business is buoyant as we work closely with road riding clubs, families and commuters, making it as easy and fun as possible to give 2-wheels a try. 2015 looks incredibly rosy and we’re set for real growth.”

The survey also asked businesses about the wider landscape.

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When asked where they saw the most potential for growth in the next 12 months many, 30pc attributed it to overseas trade – 75pc said they wanted to remain in the EU.