Manchester is the larger business hub with 98,153 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.
Manchester has 98,153 active companies compared to 21,153 in Newcastle Upon Tyne — 77,000 more.
Manchester has a higher 2020s company formation rate (72.2%) 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, Dormant Company, Management consultancy activities other than financial management, Other business support service activities n.e.c.. Manchester is uniquely strong in Information technology consultancy activities and Other human health activities, while Newcastle Upon Tyne stands out in Development of building projects and Management of real estate on a fee or contract basis.