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Bradford Business Statistics

July 23rd, 2007 by Jurga Galvan

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Stats and information for businesses considering relocation to or setting up an office in Bradford.

Bradford is a Yorkshire city that is full of history. Its name was taken from what is essentially a broad ford located at Church Bank near the Bradford Cathedral. It was around this area that the first settlements were established before the Norman Conquest.

Bradford achieved prominence by being one of the firs cities to reap the benefits of the Industrial Revolution. Centuries since that economic and technological event, the city has continued to become one of the more important cities in the United Kingdom.

Population
293,717

Migration, immigration, ethnic diversity, basic population demographics
• Whites are the biggest ethnic group at 78.27 per cent
• The rest are made up of different ethnic groups
• The largest ethnic minority in Bradford are Pakistanis

Unemployment/employment rate
• The unemployment rate is pegged at 4.4 per cent

Average income/salary
• The average income of a household in Bradford is £27,500

Location within the UK and closest major location
• Bradford is located in West Yorkshire, England

Transport options to and within
• Bradford is situated along several important and well travelled trunk roads
• There used to be a tram system but has ceased operations, now a bus service plies important routes in the area
• An effective railway service is being used by residents and visitors to Bradford
• There are plans to rehabilitate the canals along Bradford as a way of further spurring growth in the city centre

Closest airports with average distance from town/city centre
• Bradford is being serviced by the Leeds Bradford International Airport. The airport is the home base of Airline Jet2.com, which had been chosen as the best European short haul airline in 2006.

Dominating sectors / industries
• The textile industry was once the top economic sector in Bradford
• At present the robust economic sector and low wages has resulted in the economic growth in other key economic areas, namely:

  • Finance
  • Retail
  • Electronics
  • Manufacturing

Large companies that have headquarters or major branches in the location
• Bradford & Bingley plc
• Abbey/Grupo Santander
• Provident Financial plc
• Grattan Mail Order
• Pace Micro
• Filtronic
• Denso Marston
• CIBA Chemicals

Areas that are considered to be prime business locations
• Bradford District

Special business benefits
• A local government that is keen on attracting new businesses

3 best things about the location

• More savings can be had because operating a business in Bradford will mean enjoying lower commercial property prices, lower cost of living and even lower commuting costs
• Bradford is a promising area in terms of potential workpeople. Bradford boasts of having well trained and highly qualified people
• The local government has put in place a number of useful services that are designed to help businessmen start their business in Bradford

Comprehensive list of Bradford office space including short term and serviced

This entry was posted on Monday, July 23rd, 2007 at 3:23 pm and is filed under Key Business Locations. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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