Starting a new business? Get 40% off our accountancy services for 3 months! 😎

x

A report published by Cushman & Wakefield shows that Birmingham has fallen to 18th place on the list of prominent European cities for business. The Cushman & Wakefield European Cities Monitor is a report which is compiled using the views of 500 top executives from some of the largest companies in Europe. London still occupies the number one spot, according to the views of the executives.

There were several factors which caused Birmingham to drop down the list, behind Manchester which is in 16th place, after falling from 12th position. The cost and availability of staff, plus access to markets are just some of the factors considered when making decisions. According to the researchers, one of the reasons why Birmingham dropped down the list is that only 26 percent knew the city well, in contrast to London which is well known by 81 percent of the executives.

The cost of employees and improved transport links have been improved, which helped Birmingham and will further improve in the near future with Birmingham airport’s extended runway and renovated New Street station. The head of the Cushman & Wakefield Birmingham office, Scott Rutherford said that transport links are imperative, and a main factor for a business location.

Birmingham climbed into the top ten of business cities for the availability and monetary value of office space, although more people wanted to plan locations in London than Birmingham, with 27 favouring London and one in Birmingham. However, another survey placed Birmingham as second place among UK cities when it comes to top universities.

About The Author

Gary Fields

Content Writer working alongside our expert accountants to bring you the latest Tax and Accounting news.

More posts by this author
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Read more posts...

Staff Spotlight: Charlotte Hughes, Accounts Junior

This month we spoke to Charlotte Hughes, Accounts Junior at The Accountancy Partnership! Give an overview of the duties, functions and responsibilities…

Read More

Staff Spotlight: Rebecca Boyd, Accounts Junior

This month we spoke to Rebecca Boyd, Accounts Junior at The Accountancy Partnership! Give an overview of the duties, functions and responsibilities…

Read More

February 2024 Client of the Month: CHERESHNIVSKA

This month we spoke to Iryna, CEO and Founder of CHERESHNIVSKA!  CHERESHNIVSKA | Instagram | Facebook Hey Iryna! Tell us about your business CHERESHNIVSKA…

Read More
Back to Blog...

Confirm Transactions

The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

Yes, submit my quote
No, let me change it

Please contact our sales team if you’re unsure

VAT Returns

It is unlikely you will need this service, unless you are voluntarily registered for VAT.

Are you sure this is correct?

Yes, the business is VAT registered
No, let me change it

Call us on 020 3355 4047 if you’re not sure.

Bookkeeping

You will receive our bookkeeping software Pandle for free, as part of your package.

You can use this to complete your own bookkeeping, or we can provide a quote to complete your bookkeeping for you.

Please select and option below:

I will do my own bookkeeping
I want you to do my bookkeeping

Call us on 020 3355 4047 if you’re not sure.