Top 5 Cities For Business In Britain

It examined a range of metrics — including start-up survival rates, average internet download speeds, office rents and graduate populations — and combined them together to come up with an overall ranking.

London didn’t make the top three thanks to its expensive rates, while university cities of Oxford and Cambridge did well.

English cities make up eight of the top nine, while a Scottish city took the remaining spot.

Check out the list below:


5. Edinburgh

5. Edinburgh
5. Edinburgh
Getty Images
Start-up survival rate: 54.4%

Employment rate: 73.7%

Office price per sq. foot: £66.1

Scotland’s capital tops the list for cheap office rents — in fact they’re almost an eighth the price of London’s. For a major city, this is a huge draw for new businesses. Despite that it came bottom of the top nine for start-up survival rates.

4. London

4. London
4. London
Start-up survival rate: 57.1%

Employment rate: 72.2%

Office price per sq. foot: £405.3

It may be seen as one of the major business hubs of the world, but London is still tough for start-ups, with the highest office rents by far in the country. This gives it a relatively low start-up survival rate, but the huge population density (it seems every ambitious worker wants to live in London at some point) means businesses can pick and choose from the very best talent pool.

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3. Brighton

3. Brighton
3. Brighton
Gerry Knight/Wikipedia
Start-up survival rate: 64%

Employment rate: 71.9%

Office price per sq. foot: £202.2

Brighton’s big selling point is its population density and proximity to London. Despite this, Brighton does have quite a high unemployment rate, suggesting the local economy is struggling a bit — but it does mean there are lots of available employees.

2. Oxford

3. Brighton
2. Oxford
Despite being one of the nation’s oldest schools, Oxford is forward looking on cyber
Start-up survival rate: 59.6%

Employment rate: 75.6%

Office price per sq. foot: £181.6

Oxford ranks highly for employees in the top occupational group, indicating that the city has a high proportion of workers in professional, manager and associate positions.

1. Cambridge

1. Cambridge
1. Cambridge
Flickr/ Ari Bakker
Punters cruise along the rive behind King’s College in Cambridge
Start-up survival rate: 65.2%

Employment rate: 77.6%

Office price per sq. foot: £129.7

Cambridge has one of the world’s best universities, and it’s also the best city in the UK for business. As well as having a steady stream of highly talented graduates, its transport links and business support programmes are also huge assets to fledgling organisations.


Source -businessinsider

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