The Reading Economic Area has a strong and mature economy, with hi-tech industries
and the creative sector contributing significantly to its success. Businesses are drawn to the area by the availability of a highly-skilled workforce, access to international transport hubs (including Heathrow Airport), a high quality of life on offer and knowledge intensive business clusters.
Air – the scale of global connectivity from Heathrow, when compared against its main European competitors, is virtually unrivalled. Reading has a 40-minute direct coach service to Heathrow and will have a direct rail link from 2021. Reading also has a direct train service to Gatwick.
Road - Reading is well located on the M4. New investment is planned for the M4 along the Thames Valley.
Transport within Reading – Reading boasts the UK’s best bus operation which links the town centre with the University and business parks, a brand new ReadyBike bike hire scheme and a new pedestrian bridge over the Thames scheduled for 2015.
Reading Borough is home to around 145,000 people,while the wider urban area is home to a population of around 275,000 with a broader retail catchment for Reading of over 1.2 million.
Read the University of Reading’s independent academic assessment of the Reading economy, based on the functional economic area of greater Reading, which includes Wokingham, Bracknell and part of West Berkshire.
Network Rail - £900 million in Reading railway station and local rail infrastructure
Topland – purchase of Reading Bridge for £35 million
Benson Elliott and Stanhope – work has started on the 1 million sq ft redevelopment of Station Hill
Get the Facts on Reading.
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