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Birmingham is UK’s Most Entrepreneurial City 2018

Bromsgrove

Instant Offices latest research reveals that Birmingham has stormed to the top of the league for start-up businesses.

Birmingham Tops London
London leads the pack for total number of start-ups, as would be expected, with 145,993 businesses launched in 2017.  But, on a pro rata basis, Birmingham surpasses the capital as the Most Entrepreneurial UK City in 2018 with its impressive start-up to population ratio.

With significant growth over the past few years, Birmingham’s ability to attract and support early-stage businesses is attributed to its world-class support networks, accelerator schemes and significant infrastructure investment. The completion of HS2 is set to transform the West Midlands, and Birmingham’s sizeable metropolitan economy is predicted to see considerable benefits to boost growth.

Demand for Flex Space Soars in Birmingham
As more organisations opt for agile ways of working, the flex office market has seen explosive growth across UK regions, and interest in cities like Birmingham, Manchester and Liverpool is at an all-time high.

London continues to lead, as reported in Instant’s 2018 UK Market Summary. However, growth of a more agile working climate and new investment meant Birmingham saw some of the highest market activity in 2017.

Centre growth was up 13% last year, ranking fourth after Liverpool, Manchester and Leeds at 23%, 17% and 15% respectively.

With Basepoint Bromsgrove just 40 minutes from the Centre of Birmingham, it is a great place to base your business. For more information on workspace please call 01527 834600. 

Source: Instant Offices Blog