Nottingham is a great place to do business for a wide variety of reasons. The city is vibrant and diverse, with a strong workforce and low business costs. As well as attracting big names such as Experian, Capital One, Boots and Paul Smith, the city is home to a thriving scene of SMEs and start ups, who are taking advantage of its potential for growth. In 2016 there were 1,500 start ups in the city, compared to 1,340 in 2013.
Nottingham GVA increased by 16.8% from 2010 to 2016, with GVA per head reaching £24.10 in 2016. The city is enjoying economic growth thanks to the various development projects planned and underway. The £250 million Southern Gateway is one example, with a new college campus and shopping park in the pipeline.
In order to provide an overview of the leading companies in Nottingham, we've put together the following top performers list. It features the businesses that are currently turning over the most revenues, with data taken from our Nottingham business intelligence platform.
MoreNottingham has a diverse economy, as is shown in the results above. Education has become increasingly important to the city in recent times, and the University of Nottingham alone now generates £677 million and supports 14,000 local jobs. The financial and business services industry is another major player for the city; it employs 126,000 people and has strengths in analytical and data niches particularly.
Life sciences is another important sector for the city, employing more than 91,000 people, with expertise in biotech, medical devices and healthcare. Nottingham also has an excellent logistics industry, thanks to its strategic location being a four-hour truck drive from 89% of England and Wales.
