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Which UK City is the Most Entrepreneurial in 2017?

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Which UK City is the Most Entrepreneurial in 2017?

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We already know how great the UK is for business, but which cities are leading the way when it comes to entrepreneurship?

To find out Instant Officesanalysed vast amounts of Companies House data and compared population estimates with business growth. This helped determine which UK city ranks high on Instant Offices’ ‘Entrepreneurial Index’.

Surprisingly, London only turned up in 12th place, with Brighton taking the top spot for Most Entrepreneurial City in the UK.

John Williams, Head of Marketing at Instant Offices says “I can understand the appeal of Brighton and the south coast of England.It is a bit of an antidote to the hustle and bustle of the capital while possessing a strong, creative industry and really appealing to business owners and workers seeking a more relaxed alternative to London. We have seen record demand for office space in Brighton and also a large increase in the number of operators trying to set up space in the city to cater for its growing business community.”

City

Total Co. Launched Feb-16

Total Co. Launched Feb-17

Entrepreneurial Index

Brighton

15 710

15 734

11%

Manchester

24 476

32 934

11%

Nottingham

12 750

16 288

9%

Leicester

13 858

16 324

9%

Newcastle upon Tyne

10 720

12 848

8%

Coventry

12 532

14 664

8%

Birmingham

32 234

52 758

8%

Bristol

13 614

16 610

7%

Cardiff

10 568

12 694

7%

Edinburgh

15 450

16 432

6%

Glasgow

16 012

22 228

6%

London

228 796

312 794

6%

Liverpool

10 904

15 166

6%

Leeds

12 842

14 434

4%

Belfast

1 626

1 916

1%

Comparison: Cities Leading the Way

UK for Business

The UK ranked 8thagainst 137 other countries in the Global Entrepreneurship Index (GEI) for its healthy entrepreneurial ecosystem. And London hit the top spot in the European Digital City Index for the second year in a row in 2016, with the UK capital being named the best city in Europe for digital entrepreneurship and star

This positive upward trajectory for startups in the UK shows no signs of slowing. According to a report by theCentre for Entrepreneurs, a recordamount of businesses was launched in the UK in the last year.

With such a dynamic business environment, it’s no wonder the entrepreneurial spirit persists in the UK, a country with solid infrastructure, a huge talent pool and a vibrant startup culture. To support this, there is a largeflexible working scene in London– which makes it one of the largest coworking markets in the world.

With high demand for office space in the ‘donut’ around the capital in areas like Kingston, Croydon, Richmond, and Harrow, securing a desirable UK address is not only possible, but a top priority for many businesses looking to thrive.

John says, “according to many ranking systems London has been hailed as the greatest city in the world, with its combination of thriving financial hub, vibrant culture, strong education system and multi-cultural appeal.And for entrepreneurs in particular, the capital continues to be an international draw with relatively low corporation tax, an ever-growing pool of talent and strong global client base. London now also boasts a diverse selection of places to work, in a variety of locations that really drive creativity and collaboration. As one of its greatest citizens Samuel Johnson said: “When a man istired of London, he istiredof life.” You cannot put a price on its vibrancy and the collective buzz that drives business, perhaps more than in any other time in its wonderful history.”

About Companies House

Companies House is a Government organization with which all limited companies need to register by law

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