15085
page-template-default,page,page-id-15085,strata-core-1.1.1,strata-child-theme-ver-1.0.0,strata-theme-ver-3.4,ajax_fade,page_not_loaded,wpb-js-composer js-comp-ver-6.7.0,vc_responsive

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 (2022)

Oxford and Reading have topped the index for the past six years, this year ranking first and fourth respectively. The Buckinghamshire towns of High Wycombe and Aylesbury were placed 7th. A total of fifty cities were included in the 2022 index.

 

 

EY’s Regional Economic Forecast

(2020)

The Thames Valley is set to be one of the strongest performing regions over the next three years, highlighting a 0.60% predicted growth in Gross Value Added (GVA), higher than London (0.51%) and the South East (0.39%) region as a whole.

 

 

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.