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

Published by

Tom Kilkelly

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.

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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.

Tom Kilkelly

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.