One of the UK’s fastest growing business locations.
This phenomenal business growth is creating new opportunities and shows our popularity as a destination to live, work and invest.
Watch our video showing how £2 billion private and public sector investment has transformed Leicester into a prime location for future growth. The video – which uses computer generated images to take the viewer on a fly-through of the city – highlights a wide range of regeneration schemes recently completed in Leicester, as well as some of those proposed or in the planning stage. Ongoing and completed projects referenced include the City Mayor’s Connecting Leicester scheme, which has seen the transformation of the city centre thanks to improved connectivity and high-quality public realm improvements.
A £25.9 billion economy – the largest in the East Midlands
Leicester has seen a stratospheric 35% growth in business stock over the last five years. Exceeding business growth in London, Birmingham and Nottingham, and 16% and 14% above the Midlands and national rate respectively.
Over 500,000 jobs and 42,000 trading businesses in the city and county
Ranked one of the best places to start a business in the UK – 2nd only to London
We’re consistently ranked as one of the best places to start a business in the UK with a higher start-up rate than anywhere outside of London, whilst Leicester has proportionately more business start-ups that survive longer than all key competitor cities.
Over 22 million consumers within three hours’ drive
Locating in our area saves businesses on average £15,500 per annum, per employee compared to London
Our £25.9 billion economy is the largest in the East Midlands and growing
Leicester & Leicestershire is not only Britain’s business expansion hotspot which has seen rocketing growth, but it’s also dynamic, diverse and full of energy.
Leicester and Leicestershire is showing exceptional growth in higher and intermediate skilled positions, making it an increasingly attractive place for ambitious businesses.