Leicester is the larger business hub with 42,383 active companies, compared to 21,153 in Newcastle Upon Tyne. While size differs, comparing their industry profiles, formation trends, and growth rates reveals what makes each city's business environment distinctive. Both cities share strength in Activities of other holding companies n.e.c. and Buying and selling of own real estate.
Leicester has 42,383 active companies compared to 21,153 in Newcastle Upon Tyne — 21,230 more.
Leicester has a higher 2020s company formation rate (65.9%) compared to Newcastle Upon Tyne (61.7%).
Both cities share these top industries: Activities of other holding companies n.e.c., Buying and selling of own real estate, Management consultancy activities other than financial management, Other business support service activities n.e.c., Other letting and operating of own or leased real estate. Leicester is uniquely strong in Freight transport by road and Information technology consultancy activities, while Newcastle Upon Tyne stands out in Development of building projects and Dormant Company.