A PLACE FOR BUSINESS
Bath is a world-renowned city which is at the heart of the South West economy, offering a prestigious environment for business. The City is a key part of the ‘Bristol & Bath Cluster’, which has a 700,000 strong workforce, the most skilled of any region in England.
The Bristol and Bath cluster is one of the UK’s leading high tech and digital & creative centres and offers a large pool of skilled labour.
In Bristol & Bath, more people are employed in knowledge based intensive businesses than Oxford and Cambridge combined (ONS). The area includes 68,000 people working in technology fields.
High Tech Bristol & Bath is the largest cluster for tech and digital employment in the UK outside of London, and the UK’s only fast growing and globally significant tech cluster according to McKinsey & Co. It has the largest concentration of microelectronics firms outside of Silicon Valley.
Bristol and Bath is also the most productive tech cluster, with £296,340 of sales per worker, well ahead of London in second with £205,390.
Digital and Creative Bristol & Bath was named largest digital cluster by Tech Nation (2016), with a Digital GVA of over £1.8billion.
Turnover in the digital tech sector grew by 53% between 2010 and 2014.
ICT There is a wealth of software development firms based in Bath, taking advantage of the University of Bath’s internationally renowned computer science, engineering and design courses and research.
Print and Digital Publishing Bath has particular strengths in print and digital publishing, with Future (one of the largest employers in Bath), Mediaclash and Parragon.
One-third of the FTSE100 are based in the region, Bath’s MBA is ranked sixth in the country. This provides employers with a large, skilled pool of labour across the region, the ability to attract new talent and a supply of high quality graduates from Bath and Bristol’s Universities.
Bristol & Bath has the highest number of new business start-ups in the UK after London, seeing a 22.8% increase in the last 10 years (Centre for Cities, Cities Outlook Report, 2015). This produces a highly skilled and highly entrepreneurial pool of labour.