Raisin, an online savings service which helps its customers compare savings accounts, says that Tewkesbury in Gloucestershire is the UK’s strongest economy.
Here at Business & Innovation Magazine we agree. And you can see why if you read our big feature on Tewkesbury on pages 16/17 in our March/April issue
But it’s not this region’s only town and city in the top ten. Bristol comes in at No 3, and Cheltenham is at No 8.
Tewkesbury is a thriving medieval market town which as proven itself to be just as successful in modern times. A beautiful town in the heart of Gloucestershire, it comes out on top based on a mix of birth rates, employability and business prosperity. Of all its residents, 79.9 per cent are in work, while local businesses have seen a ten per cent rise in growth since 2015.
The Raisin index also looked at births and deaths.
Tracking population can be a real indication of how successful a city is, with new births showing a prosperous young society, while higher death rates suggest an older population less likely to be working.
The West Midlands is certainly an area where population isn’t a problem. Our top three regions for an increase in population were all based there, with Wyre Forest (200 per cent), Bromsgrove (185 per cent), Kettering (142 per cent) and Redditch (131 per cent) all seeing an increase in births throughout 2019.
And only is the population of The West Midlands increasing, so is the number of businesses there. Throughout 2019, the number of companies employing more than 10 people has gone up by an average of 5 per cent, with Bromsgrove leading the way with a 44 per cent surge.