Staines: The new start-up hotspot of the UK?
43 new businesses were created per 10,000 population in the Surrey town last year; more than any other area in the UK
Staines-upon-Thames, the Surrey commuter belt town, has been dubbed as the new UK ‘start-up capital’ having witnessed the biggest jump in new businesses created per capita in 2014.
According to a study from UHY Hacker Young, 43 new businesses were created per 10,000 population in Staines compared to the year before – higher than other “start-up hotspots” such as Reading (25 new businesses) and Slough (32), and markedly higher than the UK average (14).
The study claims more start-ups are launching in Staines due to its proximity to London, affordable office rents, and “fast-growing entrepreneur community”.
Of the 20 start-up hotspots listed in study, 13 were based in the home counties while towns with the least new business growth were found to be based predominantly in the North, the South West, Scotland and Wales.