York has a flourishing and varied economy, with GVA of £5.07 billion in 2015. The city provides over 114,000 jobs, with GVA per head reaching £48,259.77 in 2015. Having been ranked as the number one place to live in the UK in 2018 by the Sunday Times, York is also an ideal place to do business. It offers a highly skilled workforce, fantastic transport connections, opportunities in a variety of sectors and access to 4.5 million people within one hour's drive.
York is renowned for its strengths in research and innovation, and is home to important clusters in life sciences and healthcare. Other thriving sectors include financial and professional services, retail, food and drink, ICT, and creative and digital. Tourism is also very valuable to the city, with around 7 million visitors every year.
In order to provide a look into the leading companies in the city, we've put together the list below. The most successful businesses in York are ordered based on their annual revenue, with data taken from our business intelligence platform. See the results below.
MoreAs is clearly demonstrated in the list above, York enjoys business success across a range of different sectors. Creative and digital is one of the fastest-growing industries in the city, having been given UNESCO City of Media Arts status, alongside just six other cities worldwide. The sector has seen £100 million worth of investment, including 200,000 sq ft studio space at the edge of the city.
York is also an important centre for the rail industry, accounting for 10% of all employment in the sector nationally and playing host to the headquarters for Network Rail. Insurance is becoming another lucrative sector for the city, now accounting for 4.5% of its GVA - four times more than the UK average.
