Business in Oxfordshire
Oxfordshire continues to reaffirm a world-leading economic position with many global organisations operating out of our county, highlighting the success of our economy.
We are home to such organisations as; BMW MINI, Unipart, Relx Group (formerly Reed Elsevier), Sophos, Amey PLC and several Formula One teams - including Williams F1 and Renault.
Here's a taste as to just why businesses want to set-up in the county:
Growth
- Oxford has the second fastest-growing economy of all UK cities (Irwin Mitchell report - autumn 2017)
- Oxford is one of the two highest-performing cities in the UK, in relation to growth (PWC’s ‘Good Growth for Cities’ report - autumn 2017)
Industrial space
- Oxfordshire’s industrial market is thriving – recording highest half-year figures for business space demand since 2013 in October 2017 (Bidwells report)
- Oxfordshire is the most successful LEP at attracting office occupation in England (CoStar Group report - autumn 2017)
Smart Cities
- Oxford is one of the top 10 smart cities anywhere in the UK (Juniper Research report - October 2017)
Small business
- Between 2010 and 2016, Oxford businesses grew on average by 20.1%, with businesses boasting a five-year survival rate of 48.6% during the same period - some of the highest scores anywhere in England and Wales (ONS report - November 2017)
- South Oxfordshire has one of the highest five-year ‘survival rates’ for SMEs anywhere in the UK (Nesta's 'State of Small Business' report - October 2017)
Inward investment
- Oxford is one of only two non-London Boroughs in the UK’s top-10 for inward venture capital investment (Nesta’s ‘State of Small Business’ report – October 2017)
