Startups

The Best Places for Start-Ups in the UK

  • April 25, 2017
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Market inspector has recently conducted research which has revealed the best places for start-ups in the UK. Of course London receives recognition seeing as it is one of the biggest start-up hubs in Europe and the UK. London accounts for a total of 30.5% of all business growth in Britain, and the capital is a focal point for numerous businesses. However it is hardly the only location suitable for new businesses. And more and more start-ups are deciding to set up shop outside of London.

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The ranking is based on a point system including the following categories. The better a cities performs for one criteria, the more points they score.

New business created in 2015
Businesses that died in 2015
Total number of active businesses in 2015
Ratio of business births and deaths in 2015
Total population
1 year survival percentage (for business started in 2010)
5 year survival percentage (for business started in 2010)
Property prices
Average internet speed
Average weekly income

On the map you can find all of the 30 ranking cities.
1. Leeds: With more than 6000 small to medium size businesses, Leeds is an important start-up hub in the UK. In 2015, 4140 new businesses were created in the city. On top of that, the city was named the second most important centre for fast growing firms in the UK. The city has seen a lot of growth, with a recorded 20% growth in their revenue over the last 3 years.
2. Bristol: With its high wages and moderate property prices, Bristol is a popular choice for start-ups, with over 2600 new businesses establishing themselves in the city in 2015. On top of that, Bristol was also named as Britain’s most sustainable city back in 2008.
3. Reading: Reading houses some of the largest multinational firms UK offices, such as IGN Direct and BG group. The city is also a large retail centre, making it a perfect set up location for new business. Reading is also one of the most important enterprise cities in the Thames valley.

Watch this video to learn more about the top 10 cities for start-up in the UK

The other ranked cities are the following:

• Birmingham
• Edinburgh
• Brighton
• Northampton
• Guildford
• Sheffield
• Leicester
• Coventry
• Liverpool
• Portsmouth
• Cambridge
• Chelmsford
• Warrington
• Belfast
• Stockport
• Cardiff
• Nottingham
• Glasgow
• Manchester
• Newcastle
• Oxford
• Plymouth
• Swansea
• Aberdeen
• Southampton
• Hull

The Best Places for Start-Ups in the UK

Market inspector has recently conducted research which has revealed the best places for start-ups in the UK. Of course London receives recognition seeing as it is one of the biggest start-up hubs in Europe and the UK. London accounts for a total of 30.5% of all business growth in Britain, and the capital is a focal point for numerous businesses. However it is hardly the only location suitable for new businesses. And more and more start-ups are deciding to set up shop outside of London.

The ranking is based on a point system including the following categories. The better a cities performs for one criteria, the more points they score.

New business created in 2015
Businesses that died in 2015
Total number of active businesses in 2015
Ratio of business births and deaths in 2015
Total population
1 year survival percentage (for business started in 2010)
5 year survival percentage (for business started in 2010)
Property prices
Average internet speed
Average weekly income

On the map you can find all of the 30 ranking cities.

Map by Market Inspector

 

  1. Leeds

With more than 6000 small to medium size businesses, Leeds is an important start-up hub in the UK. In 2015, 4140 new businesses were created in the city. On top of that, the city was named the second most important centre for fast-growing firms in the UK. The city has seen a lot of growth, with a recorded 20% growth in their revenue over the last 3 years.

  1. Bristol

With its high wages and moderate property prices, Bristol is a popular choice for start-ups, with over 2600 new businesses establishing themselves in the city in 2015. On top of that, Bristol was also named as Britain’s most sustainable city back in 2008.

  1. Reading

Reading houses some of the largest multinational firms UK offices, such as IGN Direct and BG group. The city is also a large retail centre, making it a perfect set up location for new business. Reading is also one of the most important enterprise cities in the Thames valley.

Watch this video to learn more about the top 10 cities for start-up in the UK

Video by Market Inspector

The other ranked cities are the following:

  • Birmingham
  • Edinburgh
  • Brighton
  • Northampton
  • Guildford
  • Sheffield
  • Leicester
  • Coventry
  • Liverpool
  • Portsmouth
  • Cambridge
  • Chelmsford
  • Warrington
  • Belfast
  • Stockport
  • Cardiff
  • Nottingham
  • Glasgow
  • Manchester
  • Newcastle
  • Oxford
  • Plymouth
  • Swansea
  • Aberdeen
  • Southampton
  • Hull

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