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Wakefield Business Statistics

July 20th, 2007 by Jurga Galvan

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

The district of Wakefield, located at the heart of England, has a proud heritage with its city (Wakefield City) being the historic seat of regional government in Yorkshire. It is very spacious and quiet as a whole since 70% of its rural communities are designated as green belt.

Population

320,600 (ONS estimate 2005)

Migration, immigration, ethnic diversity, basic population demographics
• Ethnicity: White (97.74%), Mixed (0.46%), Asian or Asian British (1.41%), Black or Black British (0.14%), Chinese or Other (0.26%)
• Religion: Christian (78.21%), No religion (11.74%), Muslim (1.14%)
• 97.76% of the population were born in UK while 0.56% come from other parts of EU and the rest (1.69%) coming from other parts of the world.

Unemployment/employment rate
• 58.85% are employed
• 3.53% are unemployed
• The rest of the population is either students, retired, homemakers or disabled.

Average income/salary
• £404.8 per week (ONS residence-based 2006)

Transport options to and within

• Good transport links to other parts of the country and fast connections by road, rail, and air.
• Has two railway stations – Wakefield Westgate (pretty good service) and Wakefield Kirkgate (bad service).
• Has a FreeCityBus scheme that connects key locations in the city.

Closest airports with average distance from town/city centre
• Leeds/Bradford International Airport - 14.52 miles
• Sheffield City Airport - 20.27 miles
• Robin Hood Airport - 25.28 miles

Dominating sectors / industries
• Wholesale & retail trade; repair of motor vehicles - 21.66%
• Manufacturing - 16.69%
• Health and social work - 10.86%
• Real estate; renting and business activities - 8.92%
Source: Census 2001 – Industry of Employment

Large companies that have headquarters or major branches in the location
• Arriva Yorkshire
• Redcats (UK) plc
• ASDA Distribution
• Xscape
• Rockware Glass Ltd
• Fujitsu Services
• Scottish & Newcastle Breweries
• Pioneer Electronics Technology (UK) Ltd
• Peter Duffy Ltd
• Burberrys Ltd

Areas that are considered to be prime business locations
• Ridings shopping centre
• Junction 32 Outlet Village (formerly Freeport)
• Xscape development

Awards won by the location – business or otherwise
• Wakefield Flood Scheme given Civil Engineering Environmental Quality and Assessment Scheme (CEEQUAL) Award
• Airedale Park gets Green Flag Award 2006
Thornes Park Athletics Stadium get Quest Award for the quality of its sport and leisure facilities
• Wakefield District Business Awards - designed to recognise and celebrate the best of business in the Wakefield District

Special business benefits/dispensations
• Charitable & Discretionary Relief
• Hardship Relief
• Rural Rate Relief
• Small Business Rate Relief

3 best things about the location
• Major regeneration and development initiatives happening district.
• Great location – at the very heart of England.
• Clean environment.

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Posted on Friday, July 20th, 2007 at 4:22 pm under Key Business Locations. (Follow responses)
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