Wolverhampton: the city that means business
Over 20,000 people are employed in Wolverhampton’s business and professional sector - or to put it another way, just under 20% of our working population.
We are a major force in banking, legal and accountancy services, property, facilities management and engineering technical testing and analysis.
Growth in all these areas is set to continue because of Wolverhampton’s competitive advantage: great location, strong infrastructure and real depth of talent. Don’t just take our word for it, our business and professional services sector was recently highlighted by Business Secretary Sajid Javid at the exclusive launch of the UKTI Midlands Engine Financial Centres of Excellence held at Deutsche Bank HQ in Birmingham.
Though Wolverhampton offers the amenities and lifestyle choices of a much larger city, commercial rents - and business operating costs - are very reasonable.
Commercial properties range from stylish, naturally-ventilated Victorian and Edwardian buildings to the spacious floor plates of i10.
i10 is a major new office and retail development in Wolverhampton, delivering a unique opportunity for modern businesses to be located right at the heart of Wolverhampton Interchange with excellent transport links on the doorstep and at the gateway to the city centre. The prestigious building offers over 50,000 gross sq ft of Grade A office and retail space with a BREEAM rating of 'excellent'.
Wolverhampton Business Park, located adjacent to Junction 2 of the M54 is home to a range of professional and financial institutions including HSBC, Santander and Charter Court Financial Services. The site, which benefits from Enterprise Zone status, offers business rates discounts of up to £275,000 for up to 5 years, fast track planning approval and superfast broadband.
Businesseses also need to rely on strong digital infrastructure. We’re committed to extending superfast broadband coverage to the entire city, but realise it’s not all about speed. Businesses also need security, scalability and reliable connectivity.
Though we live in an increasingly digital world, we understand that a lot of business is really personal - and in Wolverhampton you’re perfectly placed to keep in touch with your clients and your colleagues.
You’re just 98 minutes from London, 70 from Manchester and just 17 minutes from Birmingham by fast train - and just over half an hour away from a major international airport with flights to over 150 global destinations.
The University of Wolverhampton is a recognised leader in knowledge transfer partnerships, designed to help businesses improve their competitiveness, productivity and performance through the better use of knowledge, technology and skills. It's Visualisation Centre offers cutting-edge technology to conceptualise business problems and opportunities - and to formulate innovative solutions.
The University is investing £250 million by 2020, introducing new courses, improved facilities and innovative new ventures. The centrepiece is the new £18 million Business School recently completed at the city centre’s Molineux campus.