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Stirling Business Statistics

July 23rd, 2007 by Jurga Galvan

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

Stirling is a unitary council located in Scotland. is reputed to be the third fastest growing area of Scotland in terms of population with the population projected to increase by 5.5% by 2024 while the rest of Scotland will just grow by 0.8%. it is also Scotland’s “newest city” and is popular among tourists due to Stirling Castle.

Population
86,900 (ONS Estimates 2005)

Migration, immigration, ethnic diversity, basic population demographics
• The highest proportion of the population at Stirling was concentrated in the 16-29 age group.
• Stirling’s population peaks and troughs significantly when the students come and go from the city.
• There is a higher proportion of non-Scottish born residents at 16.5% compared to the Scottish average of 12.8%.
• Ethnicity: White (98.5%), Asian (0.6%), Chinese (0.%), African (0.1%), Other including Mixed (0.6%)

Unemployment/employment rate
• 59.88% are employed
• 3.4% are unemployed
• The rest of the population are either students, retired, homemakers or disabled.
Source: ONS annual population survey (July 2005 - June 2006)

Average income/salary
• £480 per week (ONS residence-based 2006)

Location within the UK and closest major location
• Located in Scotland
• Covers most of what once was Stirlingshire as well as the southwest part of Perthshire
• Border are: Clackmannanshire - east, Falkirk - south east, Perth and Kinross - north east, Argyll and Bute - north west), East and West Dunbartonshire - southwest

Transport options to and within
• Excellently connected to the rest of Scotland and is accessible internationally vis nearby airports Glasgow and Edinburgh.

Closest airports with average distance from town/city centre
• Glasgow International Airport - 24.88 miles
• Edinburgh International Airport - 26.32 miles
• Dundee City Airport - 43.46 miles

Dominating sectors / industries
• Public admin, education & health - 34.1%
• Distribution, hotels & restaurants - 26.1%
• Finance, IT, other business activities - 18%
Source: ONS annual business inquiry employee analysis 2005

Areas that are considered to be prime business locations
• Stirling city centre
• Dunblane
• Bridge of Allan
• Bannockburn
• The Eastern Villages (Cowie, Fallin Plean)

Other
• Major regeneration projects include: Forthside - a £100m city centre expansion programme; Raploch - a five-year, multi million pound partnership regeneration scheme; and the Stirling Sports Village

Special business benefits/dispensations
• Small Business Rates Relief
• Empty Relief
• Charitable and Discretionary Relief
• Rural Relief

3 best things about the location
• Stirling has one of the highest qualified workforces out of the 32 councils in Scotland
• A low crime area that boasts quality health care.
• Its strategic location makes it more accessible to more of Scotland than almost any other location with over half of Scotland’s population is within an hour of the city.

Browse available offices to let in Stirling

Posted on Monday, July 23rd, 2007 at 1:31 pm under Key Business Locations. (Follow responses)
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