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Location, location, location...

Our economy

Our economy

Strong, resilient and forward-looking

The economic profile of the area paints a brighter picture than in many areas of the UK today. The area offers highly skilled workers, a higher economic activity rate than the national average and a low unemployment rate, which can help give your business a head start.

Tewkesbury is expected to see significant growth in the future, providing a strong future labour supply.

The economic activity rate of the area is 87.8% and is higher than the county, regional and national rates representing a healthy labour market and 62% of the population are of working age.

High business start-up rates enhance competitiveness and performance and business survival rates continue to be the highest in the county and exceed regional and national rates.

The number of businesses which have been established for 10 years is also above the national average, demonstrating the borough is a proven environment to develop and grow your business.

Highest average pay in South West

£

Right at the heart of the Growth Zone

M5

Excellent economic activity rate of

87.8%

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