{"id":10886,"date":"2016-01-06T08:15:40","date_gmt":"2016-01-06T08:15:40","guid":{"rendered":"http:\/\/www.ispreview.co.uk\/?p=10886"},"modified":"2016-01-08T10:31:58","modified_gmt":"2016-01-08T10:31:58","slug":"good-broadband-helps-define-top-69-uk-cities-start-business","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2016\/01\/good-broadband-helps-define-top-69-uk-cities-start-business.html","title":{"rendered":"Good Broadband Helps Find the Top 69 UK Cities for Starting a Business"},"content":{"rendered":"

A recent study from Quality Formations<\/a> has ranked 69 of the United Kingdom’s cities by how attractive they are for starting a new company. Overall Derby<\/em> came top and unsurprisingly the quality of local broadband plays an important part, both in terms of the best and worst cities.<\/p>\n

<\/p>\n

The company formation agent produced the table by marking each UK city on eight criteria: commercial property (rent costs, availability etc.), energy, virtual office services, public transport, broadband service (average download speed), workforce demographics, access to finance (e.g. available grants) and quality of life (e.g. home rental prices, crime, affordable childcare).<\/p>\n

Apparently subcategories, such as broadband download speeds and the current availability of prime office space, were all scored out of ten in order to help create an all-encompassing national league table. The broadband speed data was sourced from cable.co.uk<\/a>, although crucially speedtests are not a reliable reflection of the underlying availability of even faster connections (we\u2019ve highlighted availability on some of the below examples).<\/p>\n

Otherwise it’s important to point out that sometimes cities with a thriving business focused local economy aren’t actually the best for starting a new company. For example, Aberdeen<\/strong> (Scotland) was ranked a lowly 66th despite being the UK’s oil capital and having numerous industrial successes, but this also means that the cost of starting and maintaining a company in the city “has become simply untenable for many small business owners<\/em>.”<\/p>\n

The Best Cities<\/strong><\/span><\/h3>\n

Overall Derby<\/strong> (Derbyshire, England) topped the table because it is “by far the most affordable, accessible and supportive city in the UK to launch a new startup<\/em>” and it’s especially strong in the tech sector (12% of its workforce are employed in hi-tech industry, which is double most other cities).<\/p>\n

Virtual office services were also found to be extremely cheap in Derby (\u00a355 per month) and typical broadband download speeds tended to hover around 24Mbps (Megabits per second). In fairness the general availability of superfast broadband networks in Derby are also nearly universal.<\/p>\n

Elsewhere the best city in Scotland was found to be Stirling<\/strong> (ranked 8th overall), although it only delivered typical download speeds of around 14Mbps and we note that the local availability of superfast broadband is only just pushing above the 70% mark (clearly broadband wasn’t a prime factor here).<\/p>\n

However spare a thought for poor Wales and its “top<\/em>” city of Newport<\/strong>, which ranks 28th overall and thus sits roughly middle. The city did reasonably well thanks to its affordable commercial property and typical average download speeds of around 20Mbps, but it still sits mid-table due to problems in other categories. We also note that local superfast broadband availability tends to sit at around the 90%+ mark.<\/p>\n

The Worst City<\/strong><\/span><\/h3>\n

Obviously somebody has to come last in this table and that gong goes to Hereford<\/strong> in England, which was due to its “complete lack of business infrastructure<\/em>“, lack of office space, expensive virtual office prices, limit access to grants for start-ups and the fact that broadband speeds in the city are also slow at 9Mbps. The availability of superfast connections also tends to sit at around the low 70% mark. Other small UK cathedral cities also struggled for a good ranking.<\/p>\n

\n
The Top UK Cities for Starting a Company<\/strong><\/span><\/div>\n
Derby 1<\/div>\n
Stoke-on-Trent 2<\/div>\n
Belfast 3<\/div>\n
Wolverhampton 4<\/div>\n
Sunderland 5<\/div>\n
Lincoln 6<\/div>\n
Coventry 7<\/div>\n
Stirling 8<\/div>\n
Liverpool 9<\/div>\n
Durham 10<\/div>\n
Armagh 11<\/div>\n
St Albans 12<\/div>\n
Lichfield 13<\/div>\n
Wakefield 14<\/div>\n
Newcastle-upon-Tyne 15<\/div>\n
Glasgow 16<\/div>\n
Bradford 17<\/div>\n
Sheffield 18<\/div>\n
Preston 19<\/div>\n
Salford 20<\/div>\n
Manchester 21<\/div>\n
Winchester 22<\/div>\n
Nottingham 23<\/div>\n
London 24<\/div>\n
Leeds 25<\/div>\n
Worcester 26<\/div>\n
Southampton 27<\/div>\n
Newport <\/span>28<\/div>\n
Londonderry 29<\/div>\n
Edinburgh 30<\/div>\n
Cambridge 31<\/div>\n
Lisburn 32<\/div>\n
Westminster 33<\/div>\n
Norwich 34<\/div>\n
Gloucester 35<\/div>\n
Birmingham 36<\/div>\n
Bristol 34<\/div>\n
Lancaster 38<\/div>\n
Peterborough 39<\/div>\n
Cardiff 40<\/div>\n
Leicester 41<\/div>\n
Chester 42<\/div>\n
Salisbury 43<\/div>\n
Kingston-upon-Hull 44<\/div>\n
Swansea 45<\/div>\n
Exeter 46<\/div>\n
Oxford 47<\/div>\n
Ely 48<\/div>\n
Perth 49<\/div>\n
Chelmsford 50<\/div>\n
York 51<\/div>\n
St David’s 52<\/div>\n
Dundee 53<\/div>\n
Truro 54<\/div>\n
Plymouth 55<\/div>\n
Brighton & Hove 56<\/div>\n
Bangor 57<\/div>\n
Bath 58<\/div>\n
Portsmouth 59<\/div>\n
Chichester 60<\/div>\n
Newry 61<\/div>\n
St Asaph 62<\/div>\n
Canterbury 63<\/div>\n
Ripon 64<\/div>\n
Carlisle 65<\/div>\n
Aberdeen 66<\/div>\n
Inverness 67<\/div>\n
Wells 68<\/div>\n
Hereford 69<\/div>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"

A recent study from Quality Formations has ranked 69 of the United Kingdom’s cities by how attractive they are for starting a new company. 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