The city of Oxford is located in the county of Oxfordshire, in the Thames Valley region. Oxford is situated in the heart of the UK, less than ninety minutes from both London and Birmingham. There are approximately 3,400 businesses in Oxford, employing 106,000 people. The service industry accounts for 89% of employment, with half of workers commuting into Oxford daily.
Academics and tourism are key drivers in the economy and Oxford is famous for its University, which is the oldest in the English speaking world. The tourism industry brings in around 9.3 million visitors annually. The bioscience sector is also a key feature along with software and IT, creative media businesses and research and development. Motor manufacturing is another important industry in Oxford, with BMW recently investing a large amount into its Cowley production plant.
The Oxford Business Park is set over 88 acres, providing a large number of offices in Oxford, and benefits from fast links to Heathrow, London and the Midlands. The Oxford Science Park was developed as a true Science Park and is home to more than forty science and technology companies.