The Best Cities In The UK To Start A Business [Research]

Taking the plunge to start your own business is a big step, but where in the country is the best place to start?

We’ve taken a look at a number of factors such the average salary, amount of new businesses and average broadband speed to determine which city in the UK* has the most potential for budding entrepreneurs.

You might be surprised to see that London didn’t come out on top, largely because of the slow internet speeds in the city centre!

We calculated stats for each city in the UK across five main areas of working age population, median salary, new businesses per business deaths, average broadband speed and the number of universities per 100k population and, for each, assigned a score between 1 and 60 based upon their ranking. We then combined these figures to give us a total figure.

Check out the full table below to see how your city ranked!

CityWorking Age PopulationMedian SalaryNew Businesses Per Business DeathsAverage Broadband Speed (Mbps)Universities Per 100k PopulationOverall Rank
1. Cambridge72.5%£30,855 1.4440.41.53253
2=. Brighton70.6%£30,314 1.4542.30.73237
2=. Oxford71.6%£29,811 1.4339.21.19237
3. Edinburgh69.7%£29,465 1.4837.20.86225
4. Cardiff67.7%£27,101 1.5142.11.16217
5. Portsmouth67.4%£26,063 1.5043.70.49212
6=. Bath64.5%£29,842 1.4829.42.25210
6=. Bristol68.2%£27,519 1.5339.90.45210
8. Winchester61.1%£36,289 1.6129.12.21208
9=. Exeter69.0%£27,377 1.3337.31.57203
9=. Nottingham69.8%£23,346 1.3040.00.63203
11. Lincoln68.4%£24,435 1.3944.42.14201
12. London68.8%£33,776 1.7816.90.46198
13. Chelmsford62.6%£31,839 1.6334.10.90193
14. Coventry66.1%£28,043 1.7825.60.58192
15. Southampton69.0%£26,425 1.6832.70.79189
16. Glasgow70.1%£27,087 1.3624.30.66188
17. Aberdeen70.4%£29,249 1.0319.70.87187
18. Liverpool68.5%£25,964 1.5630.30.63185
19. St Albans61.4%£39,556 1.5638.30.00181
20. Derby63.2%£28,645 1.4137.80.40178
21. Canterbury64.0%£27,949 1.2818.65.43177
22. Gloucester63.9%£26,555 1.5242.30.00175
23. Lancaster63.9%£28,004 1.4119.63.83171
24. Chester61.8%£28,695 1.4420.31.23170
25=. Newcastle68.4%£26,552 1.3533.30.68168
25=. Norwich68.3%£26,107 1.1636.11.42168
27. Dundee66.5%£24,854 1.2041.21.35167
28. Leeds65.8%£27,861 1.5527.60.39165
29. Stirling64.9%£31,265 1.2516.92.19161
30. Worcester65.3%£26,487 1.4621.90.99160
31. Preston65.9%£24,686 1.4135.50.81159
32. Birmingham64.1%£25,996 1.8126.10.45158
33. Leicester66.8%£22,199 1.5035.20.58156
34. Manchester70.6%£24,137 1.5719.60.57155
35. Peterborough63.4%£24,765 1.7537.40.00153
36=. Salford65.7%£25,286 1.4832.90.41151
36=. Swansea63.5%£25,345 1.2042.60.83151
38. Newport62.4%£25,105 1.4934.10.68149
39=. York66.4%£26,133 1.2529.20.97146
39=. W’hampton62.8%£23,001 1.6339.20.39146
39=. Plymouth64.7%£25,026 1.1243.10.76146
42. Chichester57.1%£30,074 1.3619.03.73145
43=. Sunderland64.0%£25,202 1.6029.10.57144
43=. Perth61.4%£27,698 1.2030.22.12144
45. Durham63.0%£24,985 1.4020.42.00132
46. Sheffield65.7%£26,907 1.3127.10.34130
47. Inverness62.0%£27,885 1.3016.42.13127
48. Lichfield60.1%£31,658 1.3229.70.00123
49. Stoke63.2%£22,826 1.4039.40.40122
50. Salisbury60.6%£26,917 1.3329.20.00121
51. Bradford62.1%£24,245 1.4933.70.19116
52. Ely60.8%£28,196 1.4227.80.00107
53. Wells60.0%£27,500 1.5715.80.0095
54. Ripon59.6%£29,037 1.3618.10.0092
55. Wakefield62.8%£24,289 1.5927.30.0089
56=. Hull66.0%£23,638 1.3816.50.3988
56=. Carlisle62.0%£23,312 1.1921.01.3388
58. Truro59.1%£24,658 1.2521.50.0054
59. Hereford59.8%£24,945 1.1618.20.0051
60. Bangor60.6%£21,915 1.2919.90.0047

How did your city fare? Are you running a business in one of the best or worst spots? If so, how do you find it? Is talent readily available? Do you struggle from slow broadband speeds?


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