Reading Named As Top 5 UK City For Business
Reading has been ranked as the fifth best city for business by Management Today (24 June 2019).
Manchester won the coveted top spot in the inaugural “21 Best Towns and Cities in Britain for Business”, which rates major urban centres, excluding London, on their appeal as places to run and grow talent-hungry, knowledge-based companies. Reading ranked ahead of major cities such as Birmingham, Cambridge, Brighton, Glasgow, Nottingham and Oxford.
Adam Gale, Editor, Management Today, said: “Although it clearly benefits from its proximity to London, Reading has come into its own as a top business destination in its own right. The number and calibre of businesses that have already invested in the area is proof of that.”
63 Town and Cities
The UK’s 63 biggest towns and cities were assessed on metrics including productivity, the depth of the talent pool, the strength of innovation, the scale of the private sector ecosystem and the rate of growth. These results were collated and carefully weighted to produce a shortlist of 21, which was then ranked by a panel of expert judges with reference to the data and submissions from the cities themselves.
Nigel Horton-Baker, Executive Director, Reading UK said: “A defacto city, Reading always ranks among the top UK, as well as European, business locations, particularly given Reading’s position as the UK’s number tech location . Business is attracted to Reading by excellent transport links, high skill levels, our ambitious 2050 Vision, strong business clusters, vibrant town centre and a high quality of life. Already this year, we are listed among the best performing UK locations for attracting foreign investment and today (24 June) we are celebrating the contribution of our creative community in making Reading a great place to live, work and do business¹.”
Recent businesses that have relocated or announced their re-location to Reading include Virgin Media, KPMG, BMI Group, Wisetek Solutions, Nokia and Ericcson.
More information at http://bit.ly/The21bestcitiesforbusiness