Regional Business Growth Across the UK

Comparing business activity across major UK cities and regions.

Last updated: 2026-03-28

Key Statistics

1,840,542Top 20 Cities Active
64.1%Highest Growth
LondonLargest Hub
20Regions Analysed

Top 20 UK Business Hubs

RankCityActive CompaniesTotal Registered2020s Growth
1London1,030,1291,155,10460.8%
2Manchester97,939115,59661.1%
3Birmingham88,502104,86861.3%
4Glasgow67,87278,22554.6%
5Edinburgh56,46461,14438.2%
6Bristol54,90160,57347.5%
7Leeds48,94356,78652.7%
8Liverpool43,54151,39457.3%
9Nottingham42,67748,42554.4%
10Leicester42,30148,39757.4%
11Sheffield33,92238,77952.8%
12Cardiff30,44567,56261.7%
13Harrow28,97932,08753.2%
14Ilford27,53831,75464.1%
15Coventry27,41131,39257.4%
16Milton Keynes25,28829,41652.4%
17Reading23,91326,28749.9%
18Bolton23,81527,25460.5%
19Southampton23,02826,63250.3%
20Belfast22,93427,18453.7%

Top 10 Cities by 2020s Growth Rate

Ilford
64.1%
64.1
Cardiff
61.7%
61.7
Birmingham
61.3%
61.3
Manchester
61.1%
61.1
London
60.8%
60.8
Bolton
60.5%
60.5
Leicester
57.4%
57.4
Coventry
57.4%
57.4
Liverpool
57.3%
57.3
Glasgow
54.6%
54.6

Regional Analysis

London remains the undisputed centre of UK business activity, hosting more registered companies than all other cities combined. However, regional hubs like Manchester, Birmingham, Leeds, and Bristol show strong growth dynamics.

The 2020s growth rate metric reveals where new business formation is most active relative to existing stock. Cities with high growth rates represent emerging opportunities, while established hubs with lower rates may indicate market maturity.

Frequently Asked Questions

Which UK city has the most companies?

London is by far the largest business hub, hosting more registered companies than all other UK cities combined. Manchester, Birmingham, Leeds, and Edinburgh are the next largest hubs.

Which regions are growing fastest?

Cities with the highest 2020s growth rates relative to their existing company base include several Northern and Midlands cities, reflecting the UK government's levelling-up initiatives and growing remote work adoption.

How is regional data collected?

Regional data is based on the registered office address (post_town field) from Companies House records. This reflects where companies are legally registered, which may differ from their operational locations.