A market town in Northamptonshire, Wellingborough lies close to River Nene, built above the levels of the flood plain. One of the towns identified by the UK government's Milton Keynes South Midlands (MKSM) study to benefit from growth plans over the next 30 years, Wellingborough houses roughly over 2000 businesses within its limits. Just an hour's rail commute from London, well-connected by buses to Northampton, Milton Keynes, Corby, Peterborough and other local villages, the town is equally accessible from all main destinations along the Midland railway line. Educational options include several primary, secondary schools and the University of Northampton, within its vicinity. Healthcare services, retail outlets and other basic amenities are also available locally.
Wellingborough Job Opportunities
The town's economy is powered by those working in engineering jobs, as well as the retail, logistics and the services sectors, which account for a major portion of the jobs in Wellingborough. Industrial estates and supermarkets such as Tesco, Sainsbury's and Morrisons also have a significant presence here. The MKSM study allocates over 12,000 new homes and jobs in Wellingborough, and the plans for development (when complete) are bound to enhance job prospects.
Wellingborough Employment Trends
According to Northampshire Telegraph, The Stanton Cross project conceived as a result of MKSM study kicked off recently. Aimed at developing 3500 new homes, 7500 jobs, a couple of primary schools, a country park, retail outlets, a surgery facility and land for a secondary school, this project is expected to go on for 10-15 years. The construction phase is scheduled for 2016 and is likely to generate new jobs in Wellingborough as well, including plenty of retail jobs.
A Lloyds Bank study on commuter towns has named Wellingborough the most affordable town located within an hour's travel from London. Property prices here averaged at £160,245, nearly £450,000 less than the selling price of homes in the capital. Latest development plans and the resulting job opportunities are expected to boost the quality of living and growth in the local economy.