Sunny

Sunny

max temp: 12°C

min temp: 6°C

ESTD 1874 Search

East Anglia: Cambridge, Norwich and Ipswich among UK’s top 25 locations for business

15:02 06 February 2013

Ipswich has been ranked among the UK

Ipswich has been ranked among the UK's top 25 places for business competitiveness

IPSWICH, Cambridge and Norwich all rank among Britain’s top 25 towns and cities for business, according to a new study.

shares

Cambridge is ranked top out of 74 urban centres outside London in the Santander Corporate and Commercial Banking’s UK Town and City Index, with Norwich in 22nd place and Ipswich in 24th.

The rankings are based on 20 factors which drive private sector business competitiveness, which the report groups into the five broad headings of Enterprise, Talent, Connectivity, Costs and Well-being.

Ipswich received its highest ranking, 14th, for Connectivity, which is based on broadband speeds. It was also in the top half for Costs including house prices and Council Tax (equal 21st), Enterprise including sectoral diversity and business start-up and survival rates (23rd), and Well-being including earnings and satisfaction (26th).

However, the town’s overall position was dragged down by being ranked only in 60th place in terms of Talent, covering unemployment, the proportion of people with NVQ4 qualifications and the proportion with no qualifications.

Nationally, Cambridge emerged as the UK’s top town or city outside London for business competitiveness, ahead of its long-term academic rival Oxford in second place and Edinburgh in third.

Cambridge was ranked top for both Enterprise and Talent, equal seventh for Connectivity and ninth for Well-being, its lowest position being equal 27th in terms of Costs.

Norwich was ranked 17th for Well-being, 19th for Enterprise and 25th for Talent, but its overall standing suffered as a result of being placed only equal 44th for Costs and equal 55th for Connectivity.

The other East of England locations included in the study were Southend (ranked 31st), Peterborough (35th) and Luton (46th).

Completing the top rankings nationally, occupying fourth to 10th places respectively, were Crawley, Worthing, Brighton, Reading, Aldershot, Bristol and Solihull.

At the other end of the scale, Sunderland was ranked last in 74th place, with the bottom five being completed, in ascending order, by Barnsley, Oldham, Walsall and Middlesbrough.

A similar study of the 32 London boroughs saw Westminster placed first, Kensington and Chelsea second and Richmond upon Thames third.

Martyn Dawson, regional director for Santander Corporate and Commercial, said: “The future of the economy depends on our businesses and their success and growth.

“Ipswich has many of the key ingredients that help to support its business community and will have an important role to play in its future success.”

The study was conducted by Professor Francis Greene from the Birmingham Business School at the University of Birmingham,

He said: “This report utilises an extensive range of official data to build a unique picture of the UK, examining the business ‘building blocks’ that help make a town more or less business competitive.”

shares

1 comment

  • Norwich ranked in the top 25 for business ? Is that why in the 21st centrury the main road from London to Norwich the A11 is only just being upgraded from the width of a 2 lane horse and cart track ?

    Report this comment

    freedomf

    Thursday, February 7, 2013

Paul Heiney filming for Secret Rivers in his Candaian-style canoe that has been stolen

Broadcaster Paul Heiney has made an appeal for thieves who stole one of his favourite boats from a Suffolk harbour to have a conscience and return it.

Photo issued by the National Crime Agency of fugitive Paul Monk, who featured on the UK's most wanted list on suspicion of drug trafficking, who has been captured in Alicante.

A fugitive on the UK’s most wanted list allegedly linked to a Colchester drugs haul has been arrested in Spain.

Stabbing in Farrow Close Leiston

Police are still piecing together two incidents in Leiston last night in which a 16-year-old boy and a man were both stabbed.

Abbie Hunter

As the sun blazes down to raise temperatures to the mid 20s, I am thinking about sport., says Abbie Hunter.

Cavendish.

“True democracy” is coming to a west Suffolk parish after 42 years, with villagers set to decide the Cavendish ward’s first ever contested St Edmundsbury Borough election.

Police are searching for Jai Stead

Police are searching for a man wanted on suspicion of robbery and failing to appear in court.

Paul Rous, of Bruisyard Hall, has launched a tech startup venture with Mark Pearson

A Suffolk entrepreneur has teamed up with a top technology investor, who made millions from a website he created with just £300, to help finance new ideas.

Ipswich Crown Court.

A former economics teacher and businesswoman from Woodbridge will be sentenced later this month after being convicted of a £21,000 benefit fraud.

Across the country on May 8 beacons will be lit to mark the day when the Second World War in Europe finally came to an end.

Opening of last year's Alde Valley Spring Festival at Alde Valley Farm, Great Glemham

A seasonal celebration showcasing the work of artists, designers and food producers gets under way on a Suffolk farm this weekend.

Most read

Most commented

Topic pages