Birmingham is a leading European business destination at the centre of a £90bn regional economy. The City has access to a working population of 4.3 million people, provides a wealth of opportunities for companies looking to expand or invest and offers a high quality of life.
Birmingham is perfectly placed for business – with exceptional connections to local, national and global audiences. It is at the heart of the UK’s road network and boasts its own international airport with direct flights to over 100 destinations including in Europe, North America and Asia.
Businesses locating in the City will have access to a highly skilled workforce and an exceptional pool of highly qualified graduates.
The City’s 5 universities and 4 major colleges provide a world class learning environment supporting over 73,000 undergraduate and postgraduate students.
Birmingham is recognised as the best English core city in terms of languages spoken (Cushman & Wakefield, European Cities Monitor 2010) and tops the ranking table in key language subjects at higher education institutions within a 1 hour drive of the City.
The City provides a high quality of life ranking above other leading cities such as Prague, Dubai and Hong Kong (Mercer Living Index 2010). The City is a centre of culture, sports, leisure and shopping and benefits from the world class venues for everything from arts to conferencing, 33.5 million people a year visit the City for business and pleasure.
There are more Michelin-starred restaurants than any other English regional city with 200 restaurants in the centre offering cuisine from 27 different countries.
A cosmopolitan and vibrant modern city with a cost of living 60% lower than London and a diverse housing offer to suit all tastes and budgets. The City is one of Britain’s greenest with more than one fifth of its area consisting of parks, nature reserves, allotments, golf courses and playing fields, many of these are linked by rivers, watercourses and canals.
Its role as an economic hub is reflected in its status as one of the UK’s largest financial centres outside London and attraction as a location for business and professional services with a significant number of regional and national HQs. The diversity of the centre’s economic role is supported by its reputation as a hub for creative industries and as the UK’s fastest growing place for digital media ventures.
There are 3 main line rail stations (New Street, Moor Street and Snow Hill) with direct services to London; a national coach station (in Digbeth); and Birmingham Airport within a 9 minute train journey from the centre and operating routes worldwide. Exciting proposals for High Speed Rail, with a new terminus station in Eastside set to open in 2026, will deliver journey times of 49 minutes between Birmingham’s City Centre and London.
The importance of the City Centre as a hub for economic growth is reflected by the significant investment in public infrastructure.
- New Street Station, will be transformed into a 21st century transport hub through a £650m redevelopment, due for completion in 2015. This will increase capacity and radically improve the station environment and infrastructure. It provides local, regional and national rail connections.
- The £129m Metro extension linking Snow Hill to New Street Station is due for completion in 2015. This extension will be facilitated by a new Bus interchange opened in 2012.
- The £65m programme of improvements to Birmingham Airport will significantly enhance capactiy and open up more routes worldwide.
- The new £188m Library of Birmingham opened in September 2013 has become the biggest public Library in Western Europe.
- A new Engineering Academy completed 2012 and new £150m campus for Birmingham City University within Eastside opening 2013.
- £11.75m Eastside City Park opened in December 2012 provides a major new public space within the heart of the city acting as a visitor attraction including a Science Garden.
For more information go to Birmingham’s official website for investors