According to Leeds City Council, Leeds is the UK’s fastest growing city and is the main driver of a city region with a £64.6 billion economy, a combined population of 3 million and a workforce of 1.37 million. Over the next ten years, the economy is forecast to grow by 21% with financial and business services set to generate over half of GVA growth over that period.
The economy of Leeds is the most diverse economy of all the UK's main employment centres and has seen the fastest rate of private-sector jobs growth of any UK city, It also has the highest ratio of public to private sector jobs of all the UK's Core Cities. Leeds has the third-largest jobs total by local authority area and is the largest legal and financial centre in the UK outside of London, with financial and insurance services worth over £2.1 billion and with more than 30 national and international banks located in the city. Leeds is also the UK's third largest manufacturing centre. The largest sub-sectors are engineering, printing and publishing, food and drink, chemicals and medical technology. Leeds is also ranked as a gamma world city by the Globalization and World Cities Research Network. Leeds' growth has helped to change the economic geography of the United Kingdom, as Leeds is now one of the largest financial centres in Britain outside the capital.
Leeds was successful in becoming the first British city to have full broadband and digital coverage during the dot-com bubble, enabling it to become one of the key hubs in the emerging new media sector. Now, over 33% of the UK's internet traffic passes through Leeds, making it one of the most important regional internet centres in the UK.
More than £3.9 billion has been invested in large scale development projects over the last decade and there is a further £7.3 billion worth of development under construction and in the pipeline. Like other large cities in the UK, Leeds city centre has assumed an increasingly important economic role in recent years. It is effectively becoming the city centre for the Leeds City Region as a whole, with a growing concentration of private sector and high skilled, knowledge intensive jobs.
Redevelopment is a key driver for Leeds and the regeneration of the South Bank area will be one of the most significant transformations the city has seen in 100 years. South Bank will aim to double the size of Leeds city centre, delivering a space equivalent to 350 football pitches in size that will provide over 35,000 jobs and 8,000 homes. As one of the largest city-centre initiatives in Europe, it will capture the growth of Leeds city-centre for the coming decades. With property prices rising by 211% since 2000, Leeds is a key destination within the Northern powerhouse and one of the best places to invest in property UK 2020.
Due to its location, number of resident students and spell as a less favourable place to live, Leeds remains incredibly cheap. According to numbeo.com you would need around £4,692 in London to maintain the same standard of life that you can have with £2,900 in Leeds (assuming you rent in both cities).
This makes the city livable for the 65,000 or so students that call Leeds home and therefore makes it a very attractive place in which to invest in property. A city centre flat with two bedrooms can be snapped up for as little as £150,000 and offer a guaranteed 6% rental yield. The City Centre, as in other major cities in the Northern Powerhouse, such as Liverpool and Manchester, has seen a huge amount of redevelopment and investment in recent years, and what were once rundown, derelict mills and factories are now very desirable residences, trendy modern offices, shiny new nightclubs and bars or boutique shops. But those fashionable restaurants and pubs serve pints for £3 and meals for a fraction of the price you would have to pay ‘down south’. In Leeds, as they say, you just get more bang for your buck, and that is extremely attractive in a world where people value their free time and work/life balance more than ever.
Leeds is pretty much slap bang in the middle of Great Britain. This may not be the ideal place if you want a seafront view but for just about everything else your heart could desire, Leeds is the place. Just 45 minutes from Manchester, with whom it shares a, generally, friendly rivalry, and under 2 hours on the train from London, Leeds is nearer the action than you might think. It is also just a stone’s throw, or short drive if you prefer, from what locals earnestly call ‘God’s Own Country’, so honestly do they believe that the countryside of Yorkshire is second to none. They may have a point, too, with the stunning beauty of the Yorkshire Dales just on the doorstep of the city, discover beautiful valleys, delightful towns and villages, attractions, festivals, events and more. The Dales are famous for their wonderful scenery, with deep valleys, known as dales, roads meandering between drystone walls and a patchwork of hay meadows and field barns. And with a plethora of other stately homes, national parks and places of interest to visit in the vicinity of the city, you will never be at a loss for something to do on the weekend.
Leeds is famous for being one of the friendliest cities in the UK. Pop into any local pub, whether it be in the city centre, the leafy suburbs or the rugged countryside, and someone will strike up a conversation with you and most probably buy you a drink. But, while in the villages around Leeds you may still find the archetypal man in flat cap with dog sipping a pint of bitter, Leeds is also home to some of the most fashionable restaurants, bars and nightclubs, like those on Call Lane in the city centre, in the country. Add to that festivals such as Leeds Fest, which attracts 80,000 music lovers to the city every August; art galleries and museums aplenty, including the Leeds City Museum, the Royal Armouries and The Thackeray Museum; one of the oldest cinemas in England and theatres such as the Leeds Grand Theatre and the West Yorkshire Playhouse, and what else could you possibly want?
The Independent called Leeds the ‘Best University Destination in the UK’ (The Independent, 2005). In fact, the University of Leeds receives more student applications than any other university in the country. There are almost 75,000 degree students at Leeds’ two internationally acclaimed universities, and 10% of all UK graduates were educated there!
Leeds is a renowned hotspot for its education institutions, with four world-class universities – the University of Leeds, Leeds Beckett University, Leeds Trinity University and Leeds Arts University. As well as this, there’s a range of other educational institutions, from Leeds College of Music to Leeds College of Building. Between these, more than 65,000 students (13,000 of these being international students) are based in the city – and Leeds is great at retaining its student population too, meaning that over 35% of working people in the city are educated to degree level.
Access to a skilled workforce is only going to continue driving investment to the city. This means that Leeds is an impressive opportunity for Buy-to-Let landlords – areas like Headingley, just north of the city centre, have endured as student favourites and show no signs of slowing.
Leeds’ central position makes it ideally placed for many businesses and investors, and its rail links connect it with the crucial points of the UK – not to mention Leeds being a hub of rail connectivity to the wider North and North West. Freight distribution from Leeds to the rest of the UK and to Europe is an important aspect of Leeds’ transort economy. As well as this, major roadways including the A1, M1 and M62 are easy to access from the city centre.
Leeds-Bradford airport is also growing; constructing a new £12m arrivals hall being just one of the projects that go some way to explaining why the Department for Transport, in a 2018 report, named Leeds Bradford Airport as poised to be the nation’s fastest growing airport and hit passenger numbers of seven million per year by 2030.
Asda's Headquarters, Asda House in Leeds
Around 200 of the channel’s 912 staff will work out new base initially, including head of drama Caroline Hollick and head of sport Pete Andrews.
UK subsidiary of this Danish company
telecoms company and data centre operator
FTSE 100 listed company concerned with business process outsourcing
formerly known as Leeds and Holbeck Building Society .
Major UK Banking Group - Now Virgin Money
operated by Yorkshire Television
HMRC, working with the Cabinet Office, will take approximately 378,000 sq ft at Wellington Place on a 25 year lease. This is the biggest ever commercial property letting in Leeds. The deal will see 6,000 civil servants working in a state-of-the-art new city centre premises in 2020
Government Hubs will transform central government’s offices by accommodating many different departments in shared buildings in London and in the regions. The programme will deliver taxpayer savings, act as a catalyst for regional growth and ensure the delivery of the best quality services to the public.
Everyone knows the challenges the NHS is facing, so who wouldn’t want to help find a solution? That’s what NHS Digital does. They use information and technology to improve the system and their innovative solutions help to save the NHS millions of pounds. Now that’s a good reason to get up in the morning.
Their Digital Delivery Centre in Leeds is home to 500 technologists. These guys are in charge of building new solutions and maintaining essential systems like the NHS Spine – this unique piece of software joins together 23,000 healthcare IT systems in 20,500 organisations to create one central access point for patient information. They work individually and in collaboration with cutting-edge agencies like Infinity Works, BJSS, Hippo Digital and Aire Logic to find innovative new ways to do things.
The Car Buying Group may not sound very exciting, but believe us, it is. They’ve made selling your car ridiculously easy – they use algorithms to value your car in record time with minimal information and they have a nationwide collection service, so you won’t have to lift a finger. As a result, they’ve swooped into third place on Tech Nation’s list of The North’s Fastest Growing Tech Businesses. In fact, they’ve tripled their turnover in the last 12 months alone.
InVentry creates sign-in and registration solutions for schools and businesses. Their electronic systems let you in and out of the building, but there’s much more to it than that – you can track the movements of your students and staff, check the DBS status of visitors and access a real-time list of everyone on the premises in the event of an emergency.
Over the last 5 years, they’ve taken their customer base from 100 to 4,500, so it’ll come as no surprise that they’re market leaders.
They’re now one of the fastest-growing tech businesses in the north, but that’s just one of the reasons why it’s a great place to work. Their offices in Pool-in-Wharfedale have been custom-designed to make the most of the location, so floor to ceiling windows look out over the rolling Yorkshire countryside. They also have a games room, a gym, a library and a training academy. Coupled with an ethos that encourages staff to challenge the way the business works and disrupt the status quo, and you’ve got the perfect work environment for ambitious techies.
Want a job with added feel-good? Go work for EMIS. Their software makes a difference to millions of NHS patients every day. It’s made in partnership with clinicians, GP surgeries, hospitals and community services across the country to help them provide better and faster patient care. For example, they recently created an app that allows district nurses to access patient records on the move, and it’s helped them make contact with 50% more patients by cutting down travel and admin time.
Panintelligence helps businesses harness the power of big data. Not only does their software analyse past performance, but it can also be used to predict future outcomes, gain new insights and fix problems before they happen – which is why they’re able to compete with huge US companies like Microsoft, Tableau and Looker. Needless to say, innovation is key to their products, but it’s also at the heart of their culture.
Crisp are leaders in the field of safety and crisis monitoring services, which basically means they protect users and brands from online threats. We’re not talking about viruses or hackers here – they monitor user-generated content to identify toxic content, which could include anything from abusive images and online trolls to groomers and terrorist threats. To do this, they use a mix of human and artificial intelligence developed over the last 13 years
There’s more to Virtual college than meets the eye. As you’d expect, they offer a huge range of online courses to individuals and businesses – in fact, they have over 3 million registered learners right now. But they also have a custom-made learning management system so bigger businesses can monitor employee development remotely and a completely bespoke content service that allows businesses to utilise their expertise to build their own tailor-made courses.
Their courses may be virtual, but the business itself is really people-centric. They have 122 employees spread across two buildings in Ilkley, and because they’re one of the fastest growing businesses in the north, there are loads of opportunities to progress and develop in your career
BJSS is the company that made ‘IT solutions’ cool. Their purpose is simple – they want to harness the power of technology to benefit their clients. From artificial intelligence to cloud computing and digital transformation, they’ve built their services around the needs of modern businesses – and it’s proved extremely successful. They now have seven UK offices and two in the United States – anyone fancy a secondment in New York?
Technology is becoming ever more important to the financial sector, something that Yorkshire Building Society is only too aware of. 12 months ago, they embarked on a campaign of digitalisation that will transform their business. From hackathon events that explore new ways to best serve their customers to new technology pilots and proof of concept tests, they’ve created a culture of innovation that will help them stay at the forefront of the fintech revolution.
They’re still very much at the beginning of their journey, so the future is filled with opportunity. As they continue to push forward with their tech agenda, more and more roles will become available – and because they’re so invested in their staff, you could move up the ladder surprisingly fast. But while ambition is important here, so too is quality of life, so they offer flexible working hours to help you find the right work-life balance.
Ten10 is the UK’s leading software testing company, which means you could see the latest apps, websites and games before anyone else. But their services go much further than that – from developing test strategies to honing in on the right tools for the job, they help businesses like Morrisons, Dyson, Hitachi and Ann Summers to optimise their testing process.
And there’s never a dull day here. This is a high-energy company with a truly collaborative approach and a flat hierarchy that means you can pitch your ideas to the CEO with no questions asked. But that’s not all, because they have a shedload of perks for employees. We’re talking flexible working hours, office exercise bikes and foosball tables, subsidised gym membership and oodles of social events.
You’ve probably never heard of Exa Networks. They’re not as famous as Sky or Plusnet, but they provide a high-speed internet service, just like they do. The difference is that they focus entirely on schools and businesses. Forget the usual 22 megabytes speeds, they use next-generation internet technology Darklight to give clients super-fast speeds of up to 100 gigabytes per second. But that’s not all, because they’ve also developed software to protect and support businesses.
And it’s all thanks to their team of uber-talented staff. From credit control to technical support, everyone has an integral role to play – and they appreciate it, so the job comes with praise, high-speed internet, a health cashback plan and top-notch private medical cover. “If you’ve got happy staff, you have happy customers, and if you have happy customers, you have financial stability,” Director and Co-founder Mark Cowgill explained. “That helps you grow, so everything generally starts with that – how do we keep our staff happy?”
Technology is becoming ever more important to the financial sector, something that Yorkshire Building Society is only too aware of. 12 months ago, they embarked on a campaign of digitalisation that will transform their business. From hackathon events that explore new ways to best serve their customers to new technology pilots and proof of concept tests, they’ve created a culture of innovation that will help them stay at the forefront of the fintech revolution.
They’re still very much at the beginning of their journey, so the future is filled with opportunity. As they continue to push forward with their tech agenda, more and more roles will become available – and because they’re so invested in their staff, you could move up the ladder surprisingly fast. But while ambition is important here, so too is quality of life, so they offer flexible working hours to help you find the right work-life balance.
Sky’s reputation precedes them. As the pioneers of satellite TV, it should come as no surprise that Sky has taken to the digital age like a duck to water. Now their TV services are accompanied by a raft of digital products, so you can watch, read and play, any time, anywhere. The result? You can work on products and services that will be used by millions of people in the UK and further afield.
That’s not the only reason to keep scanning the job ads. They have an open, collaborative culture and start-up feel that you wouldn’t expect from a huge multinational company. They hold regular hack days, encouraging staff to experiment, try new technology and work with people they haven’t worked with before. Plus, they do internal staff talks from people like Ruby Wax, Sir David Attenborough and Katie Piper. And of course, you get free Sky TV and broadband.
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