Newcastle is the regional capital of North East England and one of the UK’s core cities. With a city centre airport, access to the East Coast high-speed train and positioned on two major roads, the city is well connected to the UK and beyond.
Invest Newcastle, a service delivered by NewcastleGateshead Initiative on behalf of Newcastle to attract and secure new investment and jobs for the city, works in partnership with Newcastle City Council and the private sector to help businesses locate, expand and flourish in the city.
Newcastle is home to almost 7,000 registered businesses, with knowledge intensive sectors and tech driving consistent economic growth. One of only six designated UK Science Cities, Newcastle is home to cutting-edge facilities including the International Centre for Life and the £40m National Innovation Centre for Ageing. Newcastle Hospital’s NHS Trust has also topped the table for a fifth consecutive year, undertaking the UK’s largest number of clinical trials, recruiting almost 12,500 patients. The city is home to organisations such as QuantuMDx, who are making headway in developments improving healthcare on a national and international scale. At the heart of the fastest growing tech cluster outside of London, digital gaming is an industry which is really booming in the city.
Ubisoft, who already had their Studio based within the city, opened their EMEA Consumer Relationship Centre two years ago creating an additional 140 client-facing jobs. ZeroLight, who offer real-time VR solutions, have grown rapidly creating almost 100 jobs in a similar time frame and expanded into a prime location on Newcastle Quayside. With a number of international organisations headquartered in the city, Newcastle has become an economic hub for business and professional services. Organisations including Sage Group plc and Virgin Money have their headquarters in Newcastle whilst industry leaders including Deloitte, Sky and Convergys see the importance of having a strong presence in the city.
Skills and knowledge hub
Newcastle’s undeniable quality of life means it is able to claim one of the highest graduate and staff retention rates in the UK. The city is also home to two leading universities, Newcastle University and Northumbria University, with particular strengths in cloud computing, big data and scientific research. There are over 50,000 students studying in the city, a fifth of which are at post-graduate level. Newcastle University has the UK’s leading computing science school in terms of research impact and their EPSRC Centre for Doctoral Training in Cloud Computing for Big Data educates over 40 PhD students, the highest concentration in the UK. The city boasts four national innovation centres; National Institute for Smart Data Innovation, National Innovation Centre for Ageing, EPSRC National Centre for Energy Systems Integration and Tyne Subsea – the National Centre for Subsea and Offshore Engineering.
From Grade A office space to quirky, creative and digital hubs, Newcastle has a wide range of office solutions to fit business needs. Complementing this are key strategic sites within the Accelerated Development Zone (ADZ). The ADZ spans Newcastle and Gateshead with three key sites in Newcastle; East Pilgrim Street, Newcastle Science Central and Stephenson Quarter. On the edge of the city is Newcastle International Airport Business Park and the North Bank of the Tyne, both sites hold Enterprise Zone status presenting an attractive offering for investors.