Reading UK CIC 

The economic development company for Reading

Constituted originally in January 2006 as one of the first community interest companies in England, Reading UK CIC reconfigured into an Economic Development Company (EDC) in July 2007 and is now part of the government’s EDC Network. Its purpose is to promote and sustain the economic development of Reading to achieve sustainable prosperity for those that live, work, play, visit, do business and invest in the area.

Reading UK CIC’s business-led Board of Directors was formed by:

• First Great Western
• DTZ Ltd
• Hammerson UK Properties plc
• John Lewis Partnership
• Muse Developments Ltd
• Peter Brett Associates LLP
• PRUPIM Ltd
• Reading Borough Council
• Surrey & Berkshire Media Ltd

and now includes SEEDA and Oracle Corporation UK plc.

It has constituted three committees to deliver actions on its behalf: the Reading Marketing Group, the Local Economy Group and the Business Improvement District (BID) Committee.

The Company is organic, i.e. it has been formed to meet local needs rather than being created by government or another agency. It is Reading’s economic development champion and is now leading on skills co-ordination, the Diamond for Investment & Growth concept and supporting a Council-led initiative that aims to respond to the local impact of the financial recession.

To view our most recent annual report please use the Quick Link to the right.

Reading UK CIC is a Community Interest Company limited by guarantee and registered in England & Wales (No. 5671172) at One Forbury Square, The Forbury, Reading RG1 3EB.

Its trading address – for all correspondence – is Davidson House, Forbury Square, Reading RG1 3EU.