You are here >Why Manchester
Manchester represents the largest UK city region economy outside London, with an economy worth £62.8 billion (GVA). This strength has enabled it to establish an outstanding reputation as a competitive place to do business, boasting a diverse and high-quality portfolio of business properties. Talent-hungry companies choose to invest in Manchester because of the people that choose to live, work and study here.
With access to 7.2 million people within a one-hour drive and over 100,000 students, Manchester provides companies with unrivalled access to a wealth of talent. With strengths in cyber security, FinTech, genomics, advanced materials and more, the people here have the skills to drive forward the innovative technologies that are shaping our future.
Manchester is a leading European business destination and the most successful UK city for attracting foreign direct investment (FDI) outside of London. The birthplace of the Industrial Revolution, it continues to be a city which innovates across a variety of sectors. As highlighted in The Data City for the UK’s Top Digital Tech Cities – 2020 report (available here), Manchester outperforms all other major UK cities in the fields of AI and data, advanced materials, cyber, construction tech, eCommerce, IoT, MedTech and service design. Find out more about your sector in Manchester here.
Manchester Airport connects more than 27 million passengers each year to over 210 cities including San Francisco, Dubai, Mumbai, Beijing, Hong Kong and Singapore. Trains travel every 20 minutes between Manchester and London in just over two hours and the city’s motorway network places Leeds, Liverpool and Birmingham within easy driving distance; providing companies located here with a gateway to national business networks and opportunities.
Voted the Most Liveable City in the UK (The Economist, 2019), Manchester has something to suit everyone. From quaint to eclectic, there is a rich variety of beauty, music, sport and culture on offer and if you choose to live here you get much more for your money, an important factor in recruiting and attracting people to work and live here. Property prices are up to 40% cheaper than in London; there are an abundance of high performing schools and cultural experiences, and the world-renowned Lake District is right on the doorstep.
Global brands, SMEs and start-ups alike are thriving in Manchester thanks to the city’s outstanding connectivity, its international reputation for innovation and the wealth of expert talent available here. MIDAS – the city’s dedicated inward investment agency – has helped hundreds of businesses relocate to or expand into the city.
Do you want to find out more about Manchester and how MIDAS can support your business relocation or expansion? Register here to receive useful resources about Manchester and MIDAS’ support package.