Star Comment: Moving in the right direction
There is little doubt the British economy is in better condition now than it was five years ago. Order books are filling, exports are increasing, unemployment lines are diminishing and profits are up.
Across the UK, the recovery has been patchy. While some areas have moved out of recession and austerity into happier times, others have languished. As a nation we need to increase our productivity and focus more on new technology, manufacturing and exports.
Happily, here in Shropshire, businesses are doing just that. The Shropshire crime prevention outfit SmartWater has landed a three-year deal to supply the nation's biggest police force. Its multi-million pound contract with the Metropolitan Police will provide job security for many people locally.
SmartWater is not the only company leading the way. MSM Plant Limited has sealed a deal with the Royal Bank of Scotland to move into larger premises, which will help to create two jobs. The plant and machinery repair firm has grown steadily during the past 10 years and is a good example of successful local enterprise.
Similarly, vehicle tracking supplier Quartix has been recognised by industry experts for its first class work. The Newtown company is among the 1,000 Companies to Inspire Britain; one of eight from Shropshire.
Shropshire, Telford & Wrekin and Mid Wales are full of businesses that are punching above their weight. They are investing in new technologies, exporting to companies around the world and building a platform for the long term.
They are using the best local labour to beat UK rivals to lucrative contracts.
Of course, we should not be lulled into a false sense of security. There is still much work to be done before we truly say our economy has recovered. Local businesses still suffer occasional shocks and disappointments.
However, the economy in Shropshire and Mid Wales is a good example of what can happen when businesses move in the right direction.
Shropshire has an entrepreneurial and enterprising local economy and it can take heart at recent improvements.
There is still more to do before the region enjoys a sustained boom. However, for now, the economy is moving in the right direction.