The UK’s top cities for business have been announced by Management Today.
Manchester won the coveted top spot, easily defeating Birmingham but only narrowly beating Bristol, in the inaugural “21 Best Towns and Cities in Britain for Business”, which rates major urban centres, excluding London, on their appeal as places to run and grow talent-hungry, knowledge-based companies.
The UK’s 63 biggest towns and cities were assessed on metrics including productivity, the depth of the talent pool, the strength of innovation, the scale of the private sector ecosystem and the rate of growth. These results were collated and carefully weighted to produce a shortlist of 21, which was then ranked by a panel of expert judges with reference to the data and submissions from the cities themselves.
After a robust deliberation – the results were far from unanimous – the judges agreed the final ranking:
8. Milton Keynes
Major cities Belfast, Sheffield, Oxford and Peterborough all failed to make the shortlist.
The report had this to say on Aberdeen:
Perhaps best known as an oil and gas hub, Aberdeen is at the forefront of the global energy transition to a lower carbon world. It is also an important centre for life sciences, with world-leading health research, and home to many global food and drink brands.
Although its maritime heritage remains central (ongoing investments include £350m at Aberdeen Harbour and £50m at Peterhead Port), the city has moved seamlessly into scientific, engineering, digital and low carbon specialisms. The £826m City Region Deal signed in 2016 is a key example of stakeholders in the region working collaboratively on diversifying and securing the regional economy, while £8bn+ of public and private infrastructure investment is due to be delivered before 2030.
Centre for Cities data shows Aberdeen ranked fourth in the UK in 2017 for the percentage of the working age population with higher level qualifications.
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