Facebook - Birmingham Business Twitter - Birmingham Business Instagram - Birmingham Business
https://www.fbcmb.co.uk https://www.senatehome.co.uk

Birmingham makes the top ten

A new report by global real estate advisor CBRE has revealed the UK’s top regional cities for tech businesses, with Birmingham ranked fourth.

In just two years, Birmingham has climbed three places from seventh in the rankings, highlighting its growing tech sector credentials.

The city has an established tech and digital sector, with more than 13,000 businesses employing some 100,000 people. Clusters include Birmingham Innovation Campus, The Custard Factory, Fazeley Studios, Entrepreneurs for the Future (e4f) and Oxygen Accelerator.

CBRE’s ‘Tech Cities’ report was first launched in 2017. Cities are scored and ranked according to a range of locational pull factors for tech businesses, including level of education, concentration of tech businesses and employment, cost of living, cost of office space and wage levels.

Manchester remains the number one tech location outside London, followed by Glasgow and Edinburgh in second and third place respectively. 

Ashley Hancox, CBRE’s Birmingham-based UK head of office advisory and transaction services, said: “Led by London, UK towns and cities are a prominent force in the European technology ecosystem, from an employment, leasing and talent perspective.

“From tech to media and telecoms, the sector has flourished since the end of the financial crisis and grown at a rate that cannot be ignored.

“Birmingham, whilst already home to hundreds of successful tech businesses, benefits from a young and diverse workforce, deep talent pool, proximity to world class universities, attractive business rates, competitive employment costs and relatively low cost of living compared to London and many South-East locations. Given these factors, it’s easy to see why the city has climbed up the rankings.”

According to CBRE, UK cities will need to continue to evolve to offer the right mix of incentives to attract the talent required to lead creative and tech industries in the future.

Emma Jackson, associate director, CBRE UK Research, said: “Evidence shows that, beyond London, a number of regional centres also contain a critical mass of talent necessary to compete successfully in this sector.

"There are many other tempting reasons to draw creative industries businesses to the UK regions such as attractive quality of life and favourable cost of living.  Indeed, given the growing cost of higher education, and the cost of living in the capital, the large regional centres are increasingly proving a compelling proposition for graduates and employers alike.”

 Pictured: Ashley Hancox, CBRE's Birmingham-based UK head of office advisory and transaction services


New investment company will boost enterprise

Reveal coincides with launch of inaugural Birmingham Tech Week

9th October 2019

CBRE expands Flex Team

New face will lead the Birmingham office

13th December 2019

Birmingham makes the top ten

Research reveals it's one of the UK's fastest growing cities

27th March 2019

High quality medical research in the Midlands

New partnership organisation will showcase cutting-edge approach

25th November 2019

New tenant and expansion at city property

Office space continues to prove popular

13th November 2019

£140m city office sale is sealed

Deal is largest in the region this year

4th June 2019

Samsung steps in to purchase firm

Takeover by one of the world's largest tech companies is agreed

12th March 2019

HR tech business relocates

Company takes on larger offices in Jewellery Quarter

16th September 2019

Digital tech SMEs receive support

Campaign will lift region's small businesses once again

15th March 2019

Tech company deal made in the Midlands

Firm is successfully sold to the US market

25th April 2019

Inaugural tech week in Birmingham

More than 50 events over five days

20th September 2019

Investment Fund reaches £50 million milestone

Cash handed out to more than 150 firms

19th June 2019

Agency pledges support for conservation

Firm signs up to donate to non-profit organisations

8th May 2019

Midlands manufacturers urged to act on exports

Growing demand for UK exports across the world

9th May 2019

Birmingham engineer takes top prize

Apprentice helps firm secure game-changing contract

11th June 2019