3 Reasons to Buy a Business in Birmingham: Connections, Scale & Vision
A thriving scene for business owners
If you’re looking to buy a business in Birmingham, you chose the right location. One of the most attractive cities in Europe to do business, Birmingham is renowned for its high quality of life and has an ambitious development and economic growth agenda.
- One of only three UK cities to make the Mercer Report on global cities’ quality of life
- The second highest retail spend in England with over 90% of the UK market within a four hour time travel and home to the Bullring, Europe’s largest, most successful retail development
- The ‘youngest’ city in Europe, with under 25’s accounting for nearly 40% of its population
- The Best Business Environment – European Cities Entrepreneurship Ranking (ECER) 2008
A great environment for business owners, the city has many opportunities :
- Birmingham attracts over 33 million people a year for business and pleasure
- Birmingham International Airport (BIA) has been voted best business airport in the UK four times in the last six years.
- Perfectly placed for business, being at the hub of the UK’s road and rail network, Birmingham has an attractive geographic location that has been a major driver in its growth over time.
- The city has access to a strong and diverse talent pool, with 4.3 million people of working age within one hour drive of the city centre and some 1 million people with foreign language skills.
- According to Business Birmingham, the city’s key growth sectors include shared services, transport technologies, financial services and digital media.
- Birmingham’s Big City Plan, a visionary plan for the next 20 years of development includes major expansion of Birmingham Airport, a £600 million transformation of the UK’s busiest rail hub, New Street Station, and £188 million investment creating the Library of Birmingham, one of the largest public libraries in Europe.
Where is Birmingham located in the UK?
Birmingham is located in the centre of the West Midlands region of England, being at the heart of road and rail networks.
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- Estimated population: 1,028,700
- Density (people per km2): 3,649
- Residents age groups
- aged 0-15 23.4%;
- aged 16-59: 57.7%;
- aged 60 and over: 18.9%
- Average annual income: £19,321 (2011) (source: http://www.guardian.co.uk/news/datablog/2011/nov/24/wages-britain-ashe-mapped)
- Major employment sectors: manufacturing, service industries, retailing and tourism.
Connectivity and transport
Birmingham has excellent air, road and rail connections and is only an hour and a half by train from London. A recent development at Moor St. opened a new platform which increased capacity at the direct link to London’s fastest growing rail terminal.
Birmingham Airport is a ten minute train journey from the city centre and has direct flights to over 40 destinations in Europe, North America and Asia.
The city is working to further develop its air, road and road connections, investing in smart technology to ensure world-class transport links all over the world.
Support business groups in Birmingham
Birmingham City Council can help you strengthen your business through advice, training and information.
Having been established for nearly 200 years, Birmingham Chamber of Commerce is an innovative and active business support organisation, which connects its members to business opportunities. Some of the membership benefits include free legal advice, access to international trade advice, and discounted rates for training courses.
Birmingham / Guardian