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Economic Climate

As the fastest-growing region outside of London and a much more cost-effective alternative, the Thames Valley offers great potential for growth.

Rising GVA ahead of UK

Thames Valley is expected to exceed the UK’s growth with forecast GVA growth of 9.40% between 2019 and 2025

Best Performing Location

Windsor and Maidenhead listed as UK’s best performing location in the Lambert Smith Hampton Vitality Index 2022

High Rates of Employment

All three sub-regions of the Thames Valley (Oxfordshire, Berkshire and Buckinghamshire) measure higher employment rates than the UK

Simon Greenstreet, Head of Government Affairs, Bayer"The Thames Valley is the second engine of growth of the UK economy,
outside of London and that’s for good reason – the Thames Valley is going
to be the fastest-growing region through to 2020 and Reading, at the centre
of the Thames Valley is going to be the fastest growing UK city for the next 5 years."

Find out more about the region’s thriving economy from the following reports…

PwC’s Good Growth for Cities Report (2023)

Taking the top spot again, Oxford has been named as the UK’s highest performing city in PwC’s annual Good Growth for Cities index, with Reading performing above the UK average across indicators such as income, health, skills, safety and owner occupation.

 

 

EY’s Regional Economic Forecast

(2023)

The Thames Valley is set to be the strongest performing region in 2024-2026, highlighting a 2.40% predicted growth in Gross Value Added (GVA).

 

 

 

 

fDi European Cities and Regions of the Future Report (2022/23)

Cities and towns from across the Thames Valley, including Newbury, Maidenhead, Reading, and Oxford, scored highly in an array of categories for the annual fDi Magazine report on Europe’s Top Cities and Regions of the Future for 2022/23.