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Landscape of Reading

Landscape of Reading – Information, courtesy of Living Reading.co.uk

The U.K’s best performing economy

  • Fastest growing economy 2017-19 according to the EY UK and Regions Economic Forecast 2016.
  • Best place to live and work in the Good Growth for Cities 2016 Index(PwC / Demos) of the 36 largest economic areas in the UK, according to 10 key indicators key to economic success and wellbeing, including employment, health, income and skills.
  • Second most prosperous city in the UK - Barclays UK Prosperity Map 2015.
  • The 4th best location for economic expansion and business growth.
  • UK Vitality Index 2016 (Lambert Smith Hampton) and joint top for 'most productive' and 'most entrepreneurial'.

One of UK’s best workforce

  • Ranked second for productivity (behind London) - Centre for Cities’ Cities Monitor 2016.
  • 5th best qualified workforce in the UK, with nearly 50% of Reading’s population educated to NVQ4 or above.
  • 5th for share of UK graduates (28% of population are graduates) and over a fifth of University of Reading graduates stay local thanks to the buoyant economy.
  • The unemployment rate stands at 0.9% (Jan 2016).
  • High wages attract a skilled workforce - Reading has the 4th highest average weekly wage in the UK (Centre for Cities 2016).

Leading European city for investment

  • Reading has been ranked 9th in Europe for Foreign Direct Investment in ICT per 100,000 of population in the FDI (Feb 2017).

Best Education in the UK

  • Reading borough has the best A Level results in the country (of 151 local authorities) for the fourth consecutive year.