Tunbridge Wells in Kent has probably the most thriving development panorama exterior of London, a report by development branding agency Monster-Mesh has discovered.
That is primarily based on the: variety of development companies within the area; worth per head; proportion improve within the workforce; complete spend on development branding; and the variety of marketed development jobs.
In Tunbridge Wells the area’s development workforce is anticipated to extend by 4% between 2024 and 2029, and that’s with one job board already itemizing 116 development jobs within the space.
Mark McLennan, founder at Monster-Mesh, mentioned: “Tunbridge Wells is seeing main growth exercise in the mean time, together with multi-million-pound regeneration tasks such because the Royal Victoria Place procuring centre and the city’s 15-year imaginative and prescient for the centre.
“This mixed with a well-established development panorama within the South East of England, seems to be driving confidence and potential development for the sector in Tunbridge Wells.”
Redhill in Surrey is the second most thriving space for development, with round 67 marketed development jobs (that’s 118 per 100,000 residents), and the area can count on to see a 4% improve in its development workforce by 2029 (forecast 2024-29).
Branding spend was additionally notably robust, reaching £45,548 per 100,000 individuals, suggesting companies in Redhill are actively competing for development.
After that comes Cambridge, the place a 5% improve in development jobs is forecast between 2024 and 2029.
The town additionally recorded 516 development jobs marketed (that’s 410 per 100,000 individuals), making it an excellent place to be within the development commerce.
Round 17% of the UK’s development companies are situated within the wider South East area.
Mark McLennan, Founder at Monster-Mesh, mentioned: “Whereas London continues to dominate in scale, our analysis highlights that many regional hubs are thriving because of a powerful mixture of enterprise density, workforce development, and funding in branding.
“Areas like Tunbridge Wells, Redhill and Cambridge spotlight how branding spend is usually a actual marker of confidence within the sector, with companies actively competing for visibility as demand rises.”
