Greater Birmingham is a hotspot for investment. Below are just some of the key motives which are attracting investors to the city.
With an economy worth £28.1bn, Birmingham has a growth rate of 27.7% in the last five years and has the largest economy of any city outside London.
Source: Office for National Statistics (ONS) GVA data
Birmingham has more international companies (7,685) than any other UK city outside London.
18,590 new businesses were created in Birmingham during 2018 – more than any other city outside the capital.
Source: StartUp Britain analysis of Companies House data
At £33.3 billion in 2017-18, exports from the West Midlands are strong.
Source: HM Revenue & Customs Trade data, 2016
Birmingham’s visitor economy attracted a record 41.8 million visitors in 2017.
Source: ONS International Passenger Survey
Birmingham ranked as having the highest quality of life of any English city outside the capital, by global Mercer Quality of Living Report 2018.
Source: Mercer Quality of Life Index
Birmingham has more schools receiving an ‘outstanding’ OFSTED inspection rating of any regional city.
Birmingham was the most popular destination for people relocating out of London than anywhere else in the country.
Source: ONS, Internal Migration Stats
Birmingham has been ranked the most popular destination outside London for association meetings, conferences and events, ahead of Manchester, Edinburgh and Leeds.
Source: British Meetings and Events Industry Survey
Birmingham has the highest percentage age of people under 20 of any core city at 28.6%.
Source: ONS mid year population estimates