When you first started your business, it’s very likely you invested a whole lot of time, money and effort to get it on its feet.
So, now what?
For those of you who have survived the shaky start-up years and built a successful company, you may be wondering how to grow your business beyond its current reach. If you have expansion or relocation plans in mind, it may be time to start looking at North East England – one of the UK’s fastest growing economies.
Positioning itself as home to the fastest growing digital hub outside of London, the region has seen immense growth in a number of key sectors, such as Energy, Advanced Manufacturing and Business Services. In fact, some of the country’s biggest and most pioneering companies – including Sage, Siemens, GlaxoSmithKline, Hitachi and Nissan – have set up business here, drawn by the region’s innovative culture.
For instance, Newcastle upon Tyne alone has 2,800 digital tech businesses employing over 27,000 people in the city and the wider region. Plus, the region’s health and life sciences sector continues to thrive, thanks to ongoing investment in infrastructure at sites including Newcastle Science Central and NETPark in Durham. What’s more, five world-class universities support a skilled and expanding workforce.
And that’s not all. As a region, the North East offers some of the best value for money in terms of property prices, wages and cost of living. And it’s friendly to boot – Newcastle was named the world’s number one place to visit this year by travel publisher Rough Guides, who cited the famous Geordie geniality as one of the city’s winning factors.
The region’s transport links include an international airport, three major ports and an extensive metro and rail network. Plus, with London accessible by train in under three hours, North East England is well connected for any business.
* Image Credit: Visit England
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