Leicester has solid foundations within the manufacturing industry, keeping up with modern International competition and remaining one of the UK’s top producers of tangible goods.
Over the years, Leicester has developed its economy according to modern standards. Its economy has been strengthened by setting up high quality manufacturing units and thus creating employment opportunities for people from all over the country. Over 42,000 SMEs are located in Leicester that support a large and skilled workforce. As well as many start-ups and smaller firms, Leicester is home to international corporations such as Walkers, Triumph, Dunelm, IBM and Santander. These companies not only support impressive employment rates but also offer professionals competitive salaries, creating a high standard of living for those living in and around the city.
The cities economy is performing so well that it has been recognised within the “top 10 goof growth cities index” by accountancy firm PwC for the second year in a row. Performing above average across a range of measures such as new businesses, jobs, income, skills and health, the region shows incredible economic diversity that bodes well for property investors with both a short and long term strategy.