Reading ranked as a top UK location for business growth

Reading is ranked the UK’s fourth best location for economic expansion and business growth over the next 12 months, according to the ‘UK Vitality Index 2016’ published by commercial property consultancy, Lambert Smith Hampton (LSH).

The Index looked at all cities and towns outside London in terms of the health of their economy, how well placed they are to support growth and the opportunities for business to expand. Reading ranked:-

  •  joint first position in the ‘most productive’ and ‘most entrepreneurial’ categories
  • seventh ‘fastest growing’
  • fifth for most highly educated.

Nigel Horton-Baker, Executive Director of Reading UK CIC, said: “Reading has maintained its ranking as the fourth best UK business location. The UK Vitality Index shows that we have a strong, highly productive and entrepreneurial economy which supports business growth and job creation. Key to our success, as shown by the survey, is our high quality of life and access to a talented labour pool.”

Tom Fletcher, Head of Office for Lambert Smith Hampton, Reading, said: “It’s no surprise that Reading once again performed so well in the UK Vitality Index. Reading provides a fantastic platform for business growth due to its ever-improving connectivity to London and Heathrow, quality living environment and skilled workforce.”  

The ‘UK Vitality Index’ assesses the UK’s largest towns and cities outside London to provide a health check, identifying which have the most robust economies, are best positioned to support growth and will provide the greatest opportunities for businesses to expand. 

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