Leeds A Good Place To Do Business – Key Stats

Leeds has the busiest train station in the north of England with 17 platforms which can take you to:

  • London
  • Edinburgh
  • Liverpool
  • Manchester
  • Newcastle
  • Hull
  • Wakefield
  • Bradford

Leeds Bradford Airport is eight miles away from Leeds city centre and seven miles away from Bradford. The growing airport serves more than 72 direct destinations in 24 European countries.

Eight major cities in the UK that fly to and from Leeds:

  • Aberdeen
  • Belfast
  • Glasgow
  • Guernsey
  • Jersey
  • London Heathrow T5
  • Newquay 
  • Southampton

After London and Birmingham, Leeds is the third largest city in terms of active business populations in UK cities. Located in the Northern county of Yorkshire, it is also central to the economy in this region.

Outside of London, it is considered the largest financial centre in England, making it an important location for many fintech start-ups over the last few years.

With the strength of its education sector and six impressive universities within the area, it is a strong contributor to the UK’s knowledge economy, with an ambitious pool of talent available for new businesses.

Leeds is also set to benefit from the Northern Powerhouse Rail plan, linking it with Manchester via a new line, opening up business opportunities between these large Northern economies. HS2 will integrate with Northern Powerhouse Rail and provide further travel opportunities to London, Sheffield and Birmingham.

Leeds is a huge creative driving force and a fast-growing city, making it a really exciting place to be for business. For example the digital tech sector is now worth £1 billion to Leeds.

Business survival rate:  41%

Active business population:  28K

Commercial rent per Sq Ft:  £30

Average 1 bed city centre flat:  £640

Average 1 bed flat outside city centre:  £480

Population:  784K

Average weekly pay:  £550

Universities:  6

Workforce educated to NVQ Level 4 and above:  196K

Leeds City Council provides a range of support to help businesses grow including help with:

  • recruitment
  • workforce development
  • apprenticeships

Whether you are a large employer or a smaller growing business, the council’s Employment Leeds team can help you recruit the right staff and develop the skills of your workforce.

 

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