Investing in Bristol

Bristol is a city-region located in the South West England. It is U.K.'s eighth and England's sixth most populated city. It has a consistently buoyant and diverse economy.

 

Some key business sectors in Bristol are:

 

  • Information Communications Technology:

 

Bristol has a heritage of creativity and innovation. The northern part of Bristol has attracted many high technology companies in the ICT sectors: semiconductor design, software and wireless. 

 

Bristol has also drawn many world-class ICT companies such as Hewlett Packard, Siemens Network, BT, Nokia, Toshiba and Orange.

 

  • Retail:

 

Bristol has a great and vibrant lifestyle culture that facilitates the scope for retail business. The opening of the latest £500m Cabot Circus retail and leisure development in September 2008 gave a major boost to the Bristol economy. This development, which involves the partnership between Hammerson and Land Securities spans one million sq ft. House of Fraser and Harvey Nicholos have both purchased flagship stores in the Cabot Circus development. It also features a 120-bedroom hotel, a 7,000 sq ft Cinema de Lux, and twenty restaurants and cafes (including esteemed chef Raymond Blanc's Blanc Brasserie). It also boasts of over 161,500 sq ft of office space and more than 200 new homes.

 

The National Market Traders Federation (NMTF) has recognized the St. Nicholas Market of Bristol as the U.K.'s greenest market.

 

There's also The Mall at Cribbs Causeway at North Bristol. It has many prominent stores and cafes/restaurants.

 

  • Environmental Technologies and Services:

 

Bristol is rated as one of the most sustainable cities in the U.K. and is one of the leading environmental technology centers. The city-region accommodates world-class companies in waste management, energy control, renewable energy, environmental consultancy, sustainable transport and specialist services.

 

The success rate of Bristol's efficient environmental technology and services sector can be gauged by the fact that the Bristol area has experienced an employment growth rate of a staggering 32% over the past 10 years. Bristol's environmental technologies and services sectors include around 300 companies.

 

Besides, the Bristol City Council is working to set up a wind turbine scheme at Avonmouth in Bristol. This turbine is supposed to have the impressive capacity of supplying power to around 3,000 homes.

 

  • Professional Services:

 

Bristol has the third best financial services sector outside London. With employee strength of 59,000 in this sector, Bristol is indeed the hub in the South West U.K., when it comes to professional services.

 

Some of the major reasons to invest in Bristol are as follows:

 

  1. Supreme quality of life: Bristol is a vivacious and cosmopolitan European city. Its international profile reflects a robust fusion of a bustling mix of communities, surrounding natural beauty and cultural heritage.

 

  1. Business success: In comparison to other U.K. cities, except London, the Bristol economy has recorded a much better growth rate when calculated by Gross Value Added (GVA) during the period from 1995 to 2005.
  2. People and skills: Bristol has an abundant source of manpower and provides access to a whopping 600,000 workforce. Besides, in comparison to the other U.K. cities, Bristol offers a better proportion of highly qualified workers.
  3. Infrastructure and connectivity: The Bristol city-region provides easy access to other U.K. cities as well as major European cities through its road and rail network, the Port of Bristol, and Bristol International Airport.
  4. Science and innovation: Bristol has been officially designated as a Science City and it accommodates world renowned scientific research and development activities that are carried on in its universities and business sectors.

 

 It’s no wonder then that Bristol can prove a feasible and profitable option for the investors.