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Why Devon?

The facts

  • Growing economy – now worth over £19 billion. 67% growth over the last decade (UK average 53%) .
  • Plentiful, skilled workforce – over a third of the population educated to degree standard or above, rising to 43% in parts.
  •  High employment rates – 76.8% compared to the UK average of 71.1%.
  • Research and development capability – the South West has soared ahead of other parts of the UK in R&D. Devon has among the highest number of granted patents in the region.
  • Strength in higher education –  a large proportion of academic research from our 3 leading universities is rated as world-leading or internationally excellent.
  • Innovation and entrepreneurship – Devon’s business survival rate is over 5% above the national average and the number of patents granted per capita is 3 times the UK average. 
  • Easy access to markets – one of the UK’s fastest growing airports and rapid transport links make Devon an excellent gateway to the UK, Europe and beyond.
  • Lower overheads – labour costs in Devon are highly competitive, rents and rates for office space, retail premises and factories are also significantly lower.
  • Outstanding quality of life – consistently ranked the best place in the UK to live.