Tag Archives: Business Centre

Creative Workspaces In Birmingham

The Custard Factory BirminghamWith a combined GVA of nearly £700 million, there is no doubt that the creative sector is one of Birmingham’s economic pillars. In only six years, the local creative industry has gone from employing 20,000 people to providing more than 34,000 jobs, and the number of creative businesses in the city has grown from 3,400 in 2010 to nearly 6,000 in 2016. Such a booming industry needs suitable space, which is readily available at some of the top creative workspaces listed below.

1. The Old Print Works

The Old Print Works is located in a heritage building just a short drive away from Birmingham city centre. This is a space that markets itself as being ideal for makers, designers, creators, artists, and anyone interested in developing creative and sustainable solutions for the local community. There are 40 creative work units and studios for rent at The Old Print Works, which also include access to five different communal areas (including a lunch room, courtyard, garden), where creative professionals can mingle and network. The Old Print Works also offers affordable co-working space at The Transfer, where daily, weekly, and monthly memberships are available.

2. Assay Studios

With a central location in the heart of Birmingham’s Jewellery Quarter, Assay Studios is often regarded as one of the most innovative workspaces in the city. The studios are located in a Grade II building and have been recently renovated and redecorated to include a mix of new and old fixtures and fittings. The redevelopment project has been successful enough to attract high-growth creative companies like Deliveroo, Green Room Detail, Grayling, and Emerald Technologies. Facilities include a fully equipped kitchen, showers, break and meeting rooms, and bike storage.

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Birmingham: Top Cities for Business

Birmingham's Council Building at Victoria SquareThe city of Birmingham is the gateway to the Midlands and one of the best-ranking UK cities in terms of quality of life, entrepreneurship, and global outlook. Sustainable growth and innovation are key priorities for the local business community, as well as for the regional government, who is clearly aware of the city’s potential. Take a detailed look at the key facts and figures that make Birmingham one of the best cities for business in the United Kingdom.

The Economy

Birmingham’s economic impact extends beyond the regional level, as the city has strongly positioned itself as an attractive global business destination. For several years, Birmingham has upheld the title of ‘Britain’s Second City’, as this Midlands metropolis ranks right behind London in terms of population and gross domestic product. The city’s economy is nurtured by a healthy balance between local and foreign investment and its annual GVA is in the region of £48 billion, which makes it only second to the British capital. Birmingham is part of the Core Cities Group, and its inclusion in the group confirms the importance of the local economy and the city’s ability to drive growth and development.

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Coventry: Top Cities for Business

Coventry CathedralCoventry’s Economy, Business Innovation, Industry, Jobs, Skills and Infrastructure

Coventry has benefited from forward-looking and business-friendly steps taken by the local council, the Coventry & Warwickshire Chamber of Commerce, and the Coventry & Warwickshire Local Enterprise Partnership. Over the past ten years, the city has emerged as one of the most successful places to do business in the UK. It now ranks seventh in the UK for job growth, with almost 12,000 new jobs created over the past decade. Although its skills base remains relatively low, Coventry can do more to attract high-skilled workers and ensure its residents have the qualifications needed to continue the city’s growth in the longer-term.

Industry, Business and Innovation in Coventry

Coventry is the thirteenth largest city in the UK, with some 329,000 people living in the city. It is located in the heart of England and is well-connected to the rest of the UK and beyond. Coventry is an hour from London by rail, 20 minutes from Birmingham Airport, and 35 minutes from East Midlands Airport. It is also accessible from six motorways (M1, M6, M42, M40, M45 and M69), while 98 per cent of the UK market is within a four-hour drive. The local area is home to several renowned companies, including Aston Martin, Jaguar Land Rover, E.ON, Severn Trent, Rolls Royce, IBM and many others. Key sectors include automotive engineering, low carbon industries, intelligent transport solutions, and digital gaming. In 2013, there were 45.18 business start-ups per 10,000 people in Coventry. Knowledge intensive business services accounted for 17.92 per cent of jobs in 2013, while manufacturing represented 11.07 per cent of businesses in Coventry. About a third of jobs in Coventry are supported by the public sector.

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Milton Keynes: Top Cities for Business

Milton Keynes on the mapMilton Keynes’ Economy, Business Innovation, Jobs and Skills, Industry and Infrastructure

Since 2003, Milton Keynes has risen as the fastest growing city in the UK in terms of population and creation of new jobs. Research shows that the number of businesses increased by over 18% over the decade from 2004 to 2013, leading to the creation of 24,400 more jobs. Milton Keynes demonstrates the highest job growth among the cities of the south, and the highest population growth among 64 UK cities.

The following key statistics determine Milton Keynes’ economic success:

Economy & Business Innovation

Milton Keynes ranks second in Business Startups (behind London) with 67.66 per 10,000 people. Gross Value Added (GVA) per worker, the value of goods and services produced per capita, places Milton Keynes fourth among 63 cities, indicating a high contribution of the workforce to the UK GDP. Finally, Milton Keynes is tenth out of 64 UK cities in the registration of new patents, a strong indication of innovation. 

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London: Top Cities For Business

London’s Economy, Business Innovation,  Jobs and Skills, Industry and Infrastructure

The city London has been spearheading economic growth for decades. The city has paved the way to economic recovery following the recession and most analysts believe that it is well on its way to outperform the rest of the United Kingdom in various key economic indicators.

London’s economy: Recent figures

At approximately £375 billion per year, London has the UK’s highest GVA. GVA per worker is the country’s second highest at £70,100. The city offers a favourable environment for both established and new businesses, and this is evident in the rather low business churn rate (7.76 per cent) and in the impressive business start-up rate of 57.56 companies for every 10,000 people. Likewise, the most recent data show that business stock levels are 489 per 10,000 people.

Over the past decade, the number of London-based businesses has grown by 33 per cent and more than 750,000 new jobs have been created. Self-employment has grown by 24 per cent since 2010. Other positive indicators involve the performance of small and medium-sized businesses in London. The 2015 Centre for Cities report shows that 13.4 per cent of the capital’s SME’s fall into the high-growth category. Moreover, London has the highest SME density in the country, with 418 SMEs for every 10,000 people.

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Aberdeen:Top Cities for Business

Aberdeen’s Economy, Business Innovation, Jobs and Skills, Industry and Infrastructure

Cities are the UK’s economic engines, as jobs, innovation, and valuable infrastructure are plentiful in urban centres all over the country. But some cities do better than others. The most recent Centre for Cities report has reviewed how the UK’s major cities have fared over the past decade, particularly in terms of economic development, business innovation, infrastructure, and jobs growth. Not surprisingly, analysts at the Centre for Cities found out that Aberdeen is among the country’s top five stand-out cities along with London, Cambridge, Milton Keynes, and Coventry. The Scottish city is now a well-established and dynamic centre of economic growth, and in this post we examine the reasons behind Aberdeen’s remarkable success.

Aberdeen’s economy: a successful model of growth

Local businesses in Aberdeen are clearly driving economic growth, not only in the city itself, but also at regional and national level. For example, a survey published by the local city council revealed that Aberdeen City and Shire companies generate over £68 billion in revenues every year, with almost 80% of that total attributable to enterprises in Aberdeen City itself, accounting for nearly a quarter of Scotland’s total economic output. The Scottish city is ahead of many others when it comes to its GVA per resident levels, which are nearly £62,000 per employee and the third highest in the country.

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Re-Development of Infinity Park Derby

Infinity Park Derby is intended to attract thousands of jobs, primarily in the high-tech sector. The manufacturing and technology business park will also help Derby increase economic output and boot productivity in order to further establish the city as a leading high-tech hub. Marketed as the UK capital of innovation, Infinity Park is being jointly developed by Miller Birch and Wilson Bowden Developments.

About Infinity Park

Infinity Park is designed with a mix of commercial developments including offices, retail and leisure facilities and industrial space. Originally known as the Global Technology Cluster, the development was formally announced by local government and business leaders in October 2013. It is designed to build on the successes of Pride Park, an 80-hectare business park on former railway yards that is now at capacity. The business park is a partnership between Derby City Council, Rolls-Royce, the Harpur Crewe Estate, and developers Wilson Bowden and Miller Birch.

The new manufacturing and technology business park will support supply chain small and medium sized businesses in the aerospace, automotive and rail industries. When complete, the development will encompass 25 acres and will feature 1.5 million square feet of space when fully developed. The park will be zoned to allow for commercial, distribution, leisure and industrial uses. Although a focus of the sprawling business park will be on the high-tech sector, Infinity Park will also attract jobs and businesses from a range of other sectors. Construction on the new park began in 2014.

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Liverpool Waters Regeneration Project

Liverpool Docks

Liverpool Waters is a redevelopment project that will transform Liverpool’s northern docks. The project will create a world class mixed-use quarter in the city centre from mostly redundant and derelict former docks. It will also provide significant economic benefits to Liverpool and the surrounding region, including thousands of new jobs. The project will also dramatically change the city’s skyline with new office towers, hotels, and residential development.

About the Project
Liverpool Waters is a 30-year vision for the Mersey Waters Enterprise Zone, one of Liverpool’s most important commercial centres. The project is led by the Peel Group, a private real estate, transport, infrastructure and media investment company based in Manchester. Liverpool Waters includes the creation of a mixed-use quarter with improved infrastructure between the city centre and the north end of the city. The regeneration project is one of the largest single-ownership, port-city development schemes in Europe according to its developer

Announced in 2007, development as part of the Liverpool Waters regeneration project is expected to take thirty to fifty years. The site’s first planning applications were submitted in 2004. Following community consultation on the proposed plans, Liverpool City Council granted planning permission for the Liverpool Waters project in 2012. The project is complemented by the Wirral Waters project on the west bank of the Mersey. The site will include a new 55-storey tower, which will become the tallest building in the North West of England.

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The Changing Face of Britain’s Cities: Brighton

Brighton Boardwalk SignSituated in East Sussex and founded by the Saxons, Brighton sits on the southern coast of England. The city forms part of the unitary authority of Brighton and Hove, which was created in 2000 and includes Hove, Portslade and other villages in the surrounding area. Traditionally a fishing village, the community emerged as a resort town during the 18th century and became an increasingly popular tourist destination with the arrival of railways. Still a significant tourist destination, the city is England’s most populous seaside resort. It is home to a well-developed seafront with restaurants, bars, clubs, amusement arcades, sports facilities and piers overlooking the English Channel.

Brighton and Hove boasts a population of 273,369 according to the 2011 Census, an increase of 10.3 percent from 2001. This makes Brighton and Hove the largest unitary authority in the South East. The city covers an area of 87.54 square kilometres or 33.80 square miles. Brighton and Hove is increasingly diverse. One out of every five residents or 19.5 percent of the city’s population is from a black or minority ethnic community, according to the 2011 Census. This represents an increase of 79.7 percent compared to the 2011 Census.

Brighton was primarily a farming and fishing community until the early 18th century. Throughout the 18th century, the community emerged as a resort town beginning with the rising interest in saltwater as a curative treatment in the 1730s. Spas and indoor baths opened throughout Brighton and the surrounding area during this period. With the arrival of passenger rail service in 1841, the city evolved into a poplar day-trip destination for Londoners. Much of the city’s growth can be attributed to the patronage of the future King George IV following his first visit in 1783 as Prince Regent. During the later part of the century, Georgian terraces and landmarks such as the Royal Pavilion, the Grand Hotel, and the Palace and West piers began to define the community.

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Free Business Mentoring Programs in the UK

Words on a blackboardMentoring is an opportunity to share experiences and gain new knowledge and skills. While mentors are able to provide guidance and share their experiences with new or developing professionals, mentees gain valuable insight into how to apply successful marketing and business strategies. Several organisations offer helpful mentoring opportunities to London-based businesses and marketing practitioners.

Chartered Institute of Marketing Free Mentoring Scheme

The Chartered Institute of Marketing (CIM) Mentoring Network is available to all CIM members. The CIM represents the interests of marketing professionals. In addition to setting service standards for the profession, the CIM also develops and organises professional development opportunities. Learning and networking opportunities include from an extensive calendar of conferences and workshops. The CIM is organised by regional networks of volunteers, and is represented in London by the Greater London Region.

The CIM’s Free Mentoring Scheme provides an opportunity for senior members to share their skills and knowledge with less experienced marketing professionals. As part of the programme, mentors help other marketing professionals develop their skills through confidential and objective support. The scheme also provides an opportunity to gain new perspectives and contacts. At the same time, mentors earn Continuing Professional Development (CDP) points. They also gain new insights and share their talent with new marketers. Mentors are typically senior professionals, while mentees are marketing managers and practitioners. Mentors must be members and recognised as a Chartered Marketer for at least two years, in addition to working as in a marketing position for at least eight years. For more information about the CIM’s Free Mentoring Scheme, visit www.cimlondon.co.uk.

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