….We think you’ll be surprised by who’s at the top!

The obvious answer is usually London because after all, it is the capital of England. However, did you know Edinburgh came out on top, in a recent poll of top cities in the UK to start a business? Let us take you through the top 5 cities in the UK to start a business and the different reasons why they might just be the right place for you.

1) Edinburgh

Yes you heard right. Edinburgh, not London. Edinburgh topped the lists this year, due to its quality technology innovation and positive start up ecosystem.

2) Cambridge

Home to one of the world’s best universities, it’s also been named as one of the best cities in the UK to do business in. This is thanks to its stream of highly intelligent graduates, proximity to London, good transport links and business support programmes. 

London – Attracting the most funding by far, with £2.9 million work of investment per 10,000 people. It is the most glamorous and well-known cities in the UK. However, it is a very expensive city, both in terms of property and people. So, it is important to consider the potential costs of rent and the average salary you would likely need to pay.

3) London

Attracting the most funding by far, with £2.9 million work of investment per 10,000 people. It is the most glamorous and well-known city in the UK. However, it is a very expensive city, both in terms of property and people. So, it is important to consider the potential costs of rent and the average salary you would likely need to pay.

4) Bristol

Probably unknown to many people outside of the UK, but Bristol has the highest population density outside of London. With high employment rates and a start-up survival rate of 60%, Bristol is fast catching up with the capital.

5) Brighton

Fast becoming the UK’s digital hub, in 2015 Brighton had the highest number of start-ups outside of London!

So, there you have it the top UK cities to start a business. It’s important to remember where you need to be close to, what facilities you need and how much you are willing to pay for things. For example, if your product is digital centric, Brighton might be the best fit for you. The go-to doesn’t always need to be London… even it still holds a special place in our heart for many other things!

 

If you’re interested in finding out more about what opportunities the UK could hold for your business, get in touch with us at hello@squareone.us.com or for all the latest news and updates follow us on LinkedIn and Twitter