Craven district’s principal town of Skipton was voted the best place to live in Britain by the Sunday Times - commended for low crime rates, high achieving schools, excellent connectivity, a vibrant high street (dominated by independent shops), reasonably priced property, and outstanding quality of life thanks to surrounding beautiful countryside.
Combined with its other population centres of Bentham, Crosshills, Grassington and Settle, the Craven District’s economy is worth £1.14 billion (GVA), and since 1998 the value of the District’s economy has grown by 45%.
The district supports above UK average concentrations of financial and professional business services, as well as health and bioscience sectors. Homeloan Management Limited, the UK’s largest third-party financial administration company has its base in Skipton, along with the Skipton Building Society, the UK’s fourth largest building society with £13.9billion of assets.
Systagenix, a world leader in advanced wound care products has its development and manufacturing operations in Skipton. It employs 800 people worldwide including an experienced team of scientists at the Gargrave Centre of Excellence for Wound Healing. Principle Healthcare, the UK’s leading producer of vitamins, minerals and food supplements are based in Skipton too. They hold the Queen's Award for Enterprise for International Trade.
Craven district benefits from thriving entrepreneurship too. The number of new business registrations there is 53 per 10,000 people (higher than the Leeds City Region’s average) and 72% of businesses are agile firms of four people or less.
Broughton Hall Estate advanced enterprise park is just one of the Craven district’s exciting new investment projects. Home to over 50 companies already, the development supports high growth, knowledge-intensive businesses. Its goal is to achieve a zero-carbon business community to test new and emerging technologies and practices. Silver Cross, the UK’s premier pram manufacturer are based there along with Broughton Laboratories and its sister company SkySource, who develop software products for laboratories.
Other investment projects are in the pipeline too. Like Skipton’s £25 million Belle Vue Mills development which transforms an historic Victorian mill into 150,000 square feet of new commercial and residential space, part-occupied by global healthcare staffing and services companies Medic International and Medacs Healthcare. Planning has also been granted for £76 million worth of new houses over the next 15 years to attract and retain entrepreneurs, families and young people.
Highlights from Craven district’s strategic economic plan up to 2020 include plans to:
- Free up at least 17% more space for commercial development, expansion and inward investment
- Build on its strengths in financial and professional business services, health and bioscience sectors
- Improve access to labour markets, supply chains and services with better road links to East Lancashire and Manchester, and rail connections to Leeds and HS2
Craven District Council 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.
Contact us now to discuss business expansion and relocation into the Leeds City Region and our soft-landing package to boost your growth.