Cardiff is a bustling metropolitan city with a strong and growing economy. Its largest industries are thriving, resulting in great jobs growth and a drop in unemployment. New companies are popping up every day in the city, powering further job creation and productivity. In 2017 Cardiff residents had a higher rate of growth as GVA each than those in London, at 4.5% and 3.7% respectively.
The education sector has become incredibly important to Cardiff's economy. Higher education alone generates around £700 million annually, and keeps 10,000 people employed in the city. Research and innovation is also helping to boost the economy in the city and wider region; Cardiff University's Life Sciences Hub, which saw £100 million in accelerator funding, is predicted to add over £1 billion to the economy in Wales by 2022.
So who are the top-performing companies in Cardiff currently? We've used the data from our Cardiff B2B company database to compile this list of the biggest hitters, according to their overall revenue. Take a look at the list and see how many businesses you recognise.
MoreCardiff is also becoming something of a creative hub; the creative industries are thriving here, with businesses in the digital media arena performing particularly well. The BBC has 170,000 of square footage in drama studios in the city; the largest in the UK, and Pinewood Studios have also had a facility here since 2015.
The tourism industry also offers great opportunities in Cardiff. The number of visitors continues to rise, while the city was named as one of the best regions for hotel investment in the UK in 2018. The accolade was given by the Colliers International UK Hotels Market Index, and saw the city rise five spots from its ranking the year before.
