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Nottingham Business Statistics

July 24th, 2007 by Jurga Galvan

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Vital stats and business information for companies considering relocation to or setting up an office in Nottingham.

Nottingham is the regional capital of Nottinghamshire. It has always been well-known for different reasons including being the home of fashion designer Paul Smith, poet Lord Byron and outlaw/champion Robin Hood.

The city holds much for its visitors and investors, being part of UK’s Core Cities Group.

Population

266,988 (Census 2001)

Migration, immigration, ethnic diversity, basic population demographics
• Nottingham has a relatively young population (37.9% are aged under 25) compared to England (31.1%) due largely to the high number of full-time students living there.
• Ethnicity: White (84.9%), Mixed (3.1%), Asian or Asian British (6.5%), Black or Black British (4.3%), Chinese (0.6%), Other (0.5%)
• Religion: Christian (57.7%), No religion (24.8%), Muslim (4.6%), Sikh (1.2%)

Unemployment/employment rate
• 59.3% are employed
• 6.0% are unemployed
• The rest of the population are either students, retired, homemakers or disabled.

Location within the UK and closest major location
• Located in East Midlands in England
• County town of Nottinghamshire
• London 123 miles, Manchester 71 miles, Birmingham 49 miles.

Transport options to and within
• Really well connected internationally and in other parts of the UK via roadways, rail and air.
• Excellent maintenance of transport facilities as well as service since both the airport and express transit has been are award winners.

Closest airports with average distance from town/city centre
East Midlands International Airport - 11.91 miles
Sheffield City Airport -30.81 miles
Robin Hood Airport - 36.75 miles

Dominating sectors / industries
• Wholesale & retail trade; repair of motor vehicles - 18.24%
• Manufacturing - 15.18%
• Health and social work - 12.33%
• Real estate; renting and business activities - 12.15%

Census 2001 - Industry of Employment

Large companies that have headquarters or major branches in the location
• BT
• Kingston Inbusiness
• ntl
• Capital One
• Boots Plc
• Experian

Areas that are considered to be prime business locations
• Nottingham city centre
• Victoria Market
• Old Market Square

Awards

• Water Efficiency Award given to Nottingham City Council by the Environmental Agency
• Public Private Partnership Achievement of the Year (2005) and Best Operational Transport Project (2005) given to Nottingham Express Transit (NET)
• Best UK Airport (2005) given to Nottingham East Midlands Airport
• AA Restaurant of the Year for England (2007) awarded to Restaurant Sat Bains with Rooms

Other

• Nottingham was showcased at MIPIM, the world’s largest property show being held in Cannes.
• Major redevelopment of the Old Market Square completed last March.

Restrictions
• Smoking ban (effective July 1, 2007)

Special business benefits/dispensations
• Unoccupied property rates
• Partly occupied property relief
• Small Business Rate relief
• Charity and registered community amateur sports club relief
• Non-profit making organisation relief
• Hardship relief

3 best things about the location

• Nottingham is part of the UK government’s Core Cities Group.
• Nottingham has a relatively low cost of living - around 80% of the average for England and Wales.
• Nottingham has a world-class Information and Communications Technology infrastructure due to the influx of investment that went to the upgrading of the city’s fibre-optic communications infrastructure.

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This entry was posted on Tuesday, July 24th, 2007 at 12:00 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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