Business benefits of the South West
The South West is the largest region in the UK with the lowest population density, meaning there is plenty of space for big ideas and new businesses. Below are some of the top reasons for relocating to the South West;
- Growing economy - over the last six years the South West has been the fastest growing region outside London
- Plentiful, skilled workforce - over 27% of the population is educated to degree standard or above
- Research and development capability - the South West has soared ahead of other parts of the UK in R&D
- Strengths in higher education - large proportion of academic research rated as world-leading or internationally excellent
- Innovation and entrepreneurship - best business survival rate of anywhere in Britain
- Quality of life - consistently ranked among the best places in Europe to live
- Easy access to markets - the region has a good infrastructure in place as well as some of the UK's most rapidly expanding airports making the region your gateway to the UK and Europe
- Lower overheads - labour costs in the South West are around 5% lower than the UK average
- Workers in the South West enjoy the UK's highest levels of happiness, motivation and pleasure in their surroundings