PENDLE MP Andrew Stephenson has welcomed new figures that indicate the number of private sector businesses in the north west has increased by around 46,000 over the past three years.

He said: “These figures are great news for everyone in Pendle and we can see this in our area with a raft of new shops opening in towns like Colne.

“Thanks to the hard work and sacrifices of the British people, the British economy is now turning a corner.

“There is still more to do and that is why in 2014 this Government will slash the jobs tax on all businesses with a new £2,000 Employment Allowance.

“This will see 450,000 small businesses paying no jobs tax at all. Conservatives are committed to securing a recovery that works for all hardworking people.”