Wolverhampton | Sandwell | Dudley | Walsall
5 - 15 October 2020
Wolverhampton is a thriving community with a population of nearly 260,000. This diverse area benefits from a large catchment of 1.73 million people located within a 30 minute drive time.
It has a diverse array of more than 8,400 businesses and 113,000 jobs and is one of the top ten growing economies in the UK, projected to grow 2-3% faster than the national average over the next decade.
Wolverhampton is considered one of the top four places in the UK to start a business and has the strongest survival rates in the region for new enterprises, with an impressive 43% surviving after five years.
Wolverhampton retains a solid high-value manufacturing and construction base with developing clusters in other key sectors including a strong culture, entertainment, sport, leisure and housing offer.
Key businesses include brewery, pub and hotel operator, Marston's; Moog - known for manufacturing major aircraft projects such as the F-35 Joint Strike Fighter, Boeing’s new 787 Dreamliner, as well as mechanical systems used in the infamous Wimbledon centre court roof; and leading European online sports retailer, Wiggle. UTC Aerospace Systems is another large employer that is involved in the manufacture of jetliners made by Airbus and Boeing.
Wolverhampton is currently enjoying record levels of private and public investment with £3.7 billion being injected into regeneration projects citywide. This includes a flagship transport interchange project incorporating £150 million of private and public investment to create a single integrated city centre transport hub, supported by brand new prime office and retail accommodation at i10, and a £35 million refurbishment of the city’s main retail centre.
North of the city is the i54 strategic employment site - one of the most successful enterprise zones in the country, which continues to attract high-quality jobs to the area. Jaguar Land Rover’s £1 billion investment in a new engine plant at the site created in excess of 1,400 jobs and hundreds more in the supply chain.
In November 2017, Wolverhampton was ranked as
eighth-best improver in PWC’s Good Growth for Cities index
Read more at www.wolverhampton.gov.uk