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 £24.8bn, Birmingham has a growth rate of 19.2% in the last five years and is one of the largest city economies in the country.
Source: Office for National Statistics (ONS) GVA data
We attracted 6,570 foreign direct investment (FDI) jobs in 2016/17 – created from 151 FDI investments.
17,473 new businesses were in Birmingham during 2016 – more than any other city outside the capital.
Source: StartUp Britain analysis of Companies House data
At £33.5 billion in 2016-17, exports from the West Midlands have grown by 12.9% in the last 12 months.
Source: HM Revenue & Customs Trade data, 2016
The 1.1 million overseas visits to Birmingham in 2015 was 17% up on 2014 and the largest increase of any UK city outside London.
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
In 2016, Birmingham was ranked most popular location for business tourism events outside London, ahead of Manchester, Edinburgh and Leeds.
Source: British Meetings and Events Industry Survey
Birmingham is the youngest major city in Europe – between 2006 and 2016, Birmingham’s population increased by over 100,000, well ahead of our nearest rival.
Source: ONS mid year population estimates