The Business Magazine - B2B Business News - Site Logo
The Business Magazine March 2024
Read now
PICK YOUR EDITION

'Mid Sussex is growth investment haven' says UK Attractiveness Survey

9 October 2023
Share
The Business Magazine article image for: 'Mid Sussex is  growth investment haven' says UK Attractiveness Survey
Credit: White Label Creative Press Room

According to the recently released UK and Scotland Attractiveness Survey, Mid Sussex is both one of the most successful areas economically in the UK and also possesses many key attributes for attracting foreign investment.

The region has an economic activity rate of 83 per cent, which is higher than the national average of 78 per cent and also higher than the South East average which is 81 per cent.

Mid Sussex excels in Scientific Research and Development as well as Life Sciences, with 72 scientific research and development businesses contributing output that exceeds the national level by 20 per cent.

It is home to Universal Quantum, the British startup which recently won a 67m euro contract to build a fully scalable trapped-ion quantum computer for the German Aerospace Center and the region recently allocated a site for Project Newton, a 49-hectare 'next generation' Science and Technology Park.

Visit Hampshire Biz News for bright, upbeat and positive business news from the county

Self-employment in the region is also higher than the national average, Mid Sussex's percentage of self-employed entrepreneurs is 12 per cent - the national average is nine per cent.

Another unique growth area in Mid Sussex is Horticulture and Viticulture. The region's natural beauty and landscapes have facilitated a 24 per cent increase in in business growth and a 6 per cent rise in employment within the sector.

Finally, education levels within the region are some of the highest nationwide. With 56.5 per cent of 16-64-year-old within Mid Sussex having level 4+ competitions. Additionally, it led in Level 3+ qualifications, with 71.5 per cent, surpassing the South East (63.8 per cent) and GB (61.5 per cent) averages.

Read more - Stratford's growth potential under spotlight at Chamber meeting


Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022.

During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan).

His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.

Related articles

Latest Deal Ticket

view more
Hydrock (Bristol)
has been acquired by
Stantec
May 2024
UNDISCLOSED
Who's behind the deal?

Upcoming events

view more
23
May

Thames Valley Tech Forum: Networking Drinks

Malmaison Hotel
Reading, RG1 1JX
More info
06
Jun

South Coast Property Awards 2024

Hilton Southampton
Utilita Bowl
More info
12
Jun

Leadership Roundtable: Developing strategies for financial returns over the next decade

Herrington Carmichael, Farnborough Aerospace Centre, GU14 6XR

More info
18
Jul

Thames Valley Tech & Innovation Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
26
Sep

Thames Valley Property Awards 2024

Ascot Pavilion
Ascot Racecourse
More info
03
Oct

South Coast Tech & Innovation Awards 2024

Hilton Southampton
Utilita Bowl
More info
07
Nov

Thames Valley Deals Awards 2024

Reading FC Conference & Events
Select Car Leasing Stadium, Reading
More info
21
Nov

Hampshire Business Awards 2024

Farnborough International
Exhibition & Conference Centre
More info

Related articles