Bradford is proud to call itself a producer city. There are 1300 manufacturing businesses in the district who employ almost 13% of its 522,500 strong population - higher than the national average. With an economy worth over £8.7 billion, Bradford is third only to Sheffield and Leeds as a centre of economic growth in the Leeds City Region.
It’s also one of the UK's youngest and fastest growing cities, especially in its Financial and Professional Services sector. Bradford generates £428 million of GVA each year and three quarters of this is from banking, and legal services make up 50% of £194 million of GVA in its professional services sector. Its highly-skilled middle and back office functions complement core businesses for global institutions like Provident Financial and Santander, as well as home-grown institutions like Yorkshire Bank, Yorkshire Building Society and Ecology Building Society.
Bradford is a creative and ambitious city. 1,085 businesses work in industries like publishing, software and digital entertainment - 13% of the Leeds City Region’s sector total. The conditions for innovation are set to continue too, because there's a strong chance that tomorrow’s entrepreneurs will come from Bradford thanks to its rapidly growing population, of which 22.6% are under 16 years of age.
Despite being a city with a rich heritage of industrial growth, over 60% of Bradford is still classed as rural, which means its expansion hasn't tarnished the outstanding natural beauty there. That means easy access to countryside, world-renowned UNESCO heritage sites like Saltaire and spectacular quality of life that the Leeds City Region is famous for, as well as pleasant and affordable locations to set up a business.
Bradford's central business district has been rejuvenated too. Take the £35 million City Centre Growth Zone for example, where there's 170 hectares of large-scale mixed use schemes and grade A office developments on offer. And City Park - awarded the title of Best Place in the UK and Ireland by The Academy of Urbanism in 2012. As well as attractive incentives and modern amenities, Bradford offers the space, connectivity and talent a growing business demands of a competitive modern city.
Invest in Bradford offer detailed information about their district’s economic strengths and growth opportunities.
How Leeds City Region Enterprise Partnership can help you
At Leeds City Region Enterprise Partnership we have access to the hard statistics, convincing case studies and incentives you need to influence stakeholders. Our dedicated team of industry experts offer practical help with your proposal, and present compelling reasons to senior decision-makers about why you should locate in the Leeds City Region.