According to research by The Economist, Bristol and the surrounding areas had the highest productivity of any conurbation outside London last year.
The region is also home to a range of household names, from aerospace giants Airbus and Rolls-Royce, which hark back to the area’s manufacturing heritage, to financial services firms such as Hargreaves Lansdown and Friends Life.
But beyond these traditional sectors, Bristol has a diverse and unique business landscape. This includes businesses such as midmarket pharmaceutical firm Qualasept, which supports the NHS by filling syringes so they are ready to administer to patients instantly.
The city also demonstrates the second-highest household income in the UK, which is good news for many local firms.
By tapping into this affluent group, fast-growing fitness start-up MoveGB found that consumers were crying out for a flexible service that promised a variety of exercise options across many gyms and fitness locations. “We did a pilot in Bristol and one in New York,” says boss Alister Rollins. “Bristol grew faster so that’s where we started.”
Omega Resource Group, which is based in nearby Stonehouse, has also benefited from having its global headquarters in the region. Co-founder James Strickland comments, “It's a great part of the world to live and work, and our staff really enjoy working for a company with corporate social responsibility at its heart.”
Local business owners praise the area’s convenient location, which is within easy reach of London and local airports, and the quality of talent within the region.
Throughout 2017 we are searching the entrepreneurial heartlands of England, Scotland and Wales to uncover and showcase Britain’s most inspiring and ambitious businesses. To keep up to date with the tour please visit www.ldc.co.uk/bba2017.