Leicester is a unitary authority area and a city in the East Midlands of England. Leicester has been voted one of the best cities to carry out business. It is popularly termed as the city with no boundaries. It is known as the Space Capital of the United Kingdom and has the biggest Space Science Center for research in Europe, the National Space Center. The economical upsides of this city coupled with multiple benefits and its unique lifestyle make Leicester one of the most desired places to invest.
The infrastructure of Leicester is also one of the best in the entire United Kingdom. As it is situated near the motorway networks, it has direct access to all the major roads of the UK.
It has the largest mail and pure cargo airport in the UK which manages as much as 30% of the total pure freight of the UK. The wage rate and lower commercial office property are also very low as compared to other cities in the United Kingdom. This feature makes it the best destination for small and medium-sized enterprises. The house rates are also low in Leicester, as compared to the national average.
It has a total workforce greater than 1.2 million and that too within commuting distance. It is a home for 2 million consumers and also has a sound educational background.
The major industries flourishing in Leicester are Engineering, Food and Drink and Financial and Business Services. It is already home to more than 350 foreign businesses and some of the best companies such as the RBS, Alliance and Leicester. 3M and AstraZeneca are also successfully thriving in this city.
The future prospects in Leicester are also very bright. It is estimated that a whopping three billion pounds of investment is going to take place in Leicester in the next five year period. Strong links have also been built with some of the major growing economies of the world such as India and China. The Science Parks prevailing in Leicester act as a major link between education and business.
To provide help and proper support to overseas investors, there are various investor development services operating and thriving in Leicester. These services offer appropriate help such as skilled employees, innovation capabilities and financial investments necessary for the growth and development of any business.
With such massive potential and unlimited benefits, a large number of people are opting for Leicester. It is a city which provides exciting possibilities and a whole lot of new and innovative opportunities to investors.
With opportunities pervasive in almost all the sectors and an existing political harmony, Leicester is considered to be one of the best places for investors to set-up and develop their business.