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Milton Keynes Business Environment

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Title: Milton Keynes Business Environment


1
Milton KeynesBusiness Environment
  • The UKs Most Successful Business Centre outside
    London

2
Milton Keynes Key Facts
  • The UKs most successful business centre outside
    London
  • Over 10,000 businesses are thriving in Milton
    Keynes
  • Milton Keynes business growth stands at 11.3
    higher than the national average of 9.7
  • Milton Keynes attracts on average 5 new
    businesses per month
  • Approx. 12 new people arrive in Milton Keynes
    every day

3
Milton Keynes Key Facts
  • Milton Keynes is one of the fastest growing areas
    in the UK is on the UK leader board of economic
    growth areas
  • By 2031 Milton Keynes is likely to be the 10th
    largest city in the UK
  • Accessibility gives the city a distinct advantage
  • Located between London Birmingham
  • In the centre of the Oxford to Cambridge Arc
  • 6 international airports are around 1 hours
    drive away

4
Almost 10,000 Businesses Thriving in Milton Keynes
  • Blue chip companies located in the city include
  • Mercedes-Benz UK Ltd
  • Argos
  • BP
  • Suzuki GB PLC
  • Coca Cola Enterprises Ltd
  • Volkswagen Group UK Ltd
  • Coutts Co
  • Milton Keynes is a city of entrepreneurs with 90
    of
  • businesses employing 24 people or less

5
Support and Opportunities for All Types of
Business
  • Just about every business sector is represented
    in the city.
  • The citys currently seeing an increase in
    knowledge-based, technology-led industries in
    part due to
  • Milton Keynes location at the centre of the
    Oxford to Cambridge Arc, together with the
    facilities at
  • The Open University
  • Bletchley Park
  • Cranfield University

6
A Modern Business City
Home to a growing number of IT and technology
companies including
  • Unisys
  • Electronic Data Systems Corporation (EDS)
  • Ingram Micro Inc.
  • Data Research Services PLC (DRS)
  • Evesham Technology
  • Alps Electric (UK) Ltd
  • Computacenter
  • Gedas UK
  • Getronics UK Ltd
  • Morgana Systems Ltd
  • Matsushita Electric (UK) Ltd
  • GE Fanuc Automation Solutions
  • WGS Aerospace
  • Merchants Ltd

7
A Modern Business City
Home to a growing number of financial services
firms including
  • Abbey
  • Royal Bank of Scotland
  • Bank of Scotland
  • Allied Irish Bank
  • Allianz Cornhill Insurance
  • Lloyds TSB Business Banking
  • Charles Stanley Stockbrokers
  • Coutts
  • Morgan Stanley Bank International

8
A Modern Business City
Home to no fewer than 169 accountancy firms
including
  • PricewaterhouseCoopers
  • Deloitte Touche
  • Grant Thornton
  • KPMG
  • Baker Tilly
  • The Institute of Chartered Accountants in England
    Wales
  • Macintyre Hudson
  • ICAS Ltd
  • Mazars
  • Accenture Training and Conference Centre

9
A Modern Business City
Five of the 25 largest law firms in the South
East have an office in the city
  • Shoosmiths
  • Franklins Solicitors
  • Purcell Solicitors
  • Gorvins Solicitors
  • EMW Law
  • Howes Percival
  • Tollers
  • Kimbells
  • Matthew Arnold Baldwin
  • Borneo Linnells

10
A Modern Business City
A large number of property consultancies and
development professionals reside in the city
  • Lambert Smith Hampton
  • Gerald Eve
  • Bidwells
  • Brown Lee
  • Douglas Duff
  • Gazeley Properties
  • Currie and Brown Group
  • Abbeygate Developments
  • Elliot Charles Group
  • Willowbrite
  • Commercial Lynx
  • Masons Lousada
  • Kirkby Diamond
  • Frontier Estates

11
A Modern Business City
Milton Keynes plays host to operations for a
number of leading telecoms companies including
  • BT
  • Cable Wireless
  • Briteyellow

12
A Modern Business City
Milton Keynes hosts some of the worlds leading
automotive marques with RD facilities including
  • Mercedes-Benz UK Ltd
  • Volkswagen Group UK Ltd
  • Red Bull Racing
  • Gedas UK
  • Suzuki GB Plc
  • Nissan Technical Centre Europe Ltd

13
A Modern Business City
The Milton Keynes area possesses a unique set of
skills and expertise in Energy
  • BP
  • The Energy and Environment Research Unit at The
    Open University
  • Milton Keynes Energy Agency
  • National Energy Foundation
  • Cranfield Universitys Energy Technology Centre
  • Cranfields Power Generation Technology Centre

14
A Modern Business City
Growth is evident in Research Development,
knowledge and technology-based industries
  • The growth in these industries is largely
    attributable to Milton Keynes location on the
    Oxford to Cambridge Arc and access to
    unprecedented facilities at
  • The Open University
  • Bletchley Park
  • Cranfield University
  • Over 25 of Milton Keynes businesses are involved
    in content origination, this includes
    architects, musicians, advertising agencies and
    fashion designers.

15
A Modern Business City
Other business sectors are in their infancy but
may begin to emerge more strongly in the future
  • Professional Bodies Associations
  • The Institute of Chartered Accountants in England
    Wales
  • British Standards Institution
  • The Institute of Groundsmanship
  • Pharmaceutical and Healthcare Sectors
  • Nucare Pharmaceutical

16
A Modern Business City
Other business sectors are in their infancy but
may begin to emerge more strongly in the future
  • Public Not-For-Profit Sectors
  • The Foreign Commonwealth Office
  • English Partnerships
  • HM Customs Excise
  • Inland Revenue
  • The Meat Livestock Commission

17
A Modern Business City
Other business sectors are in their infancy but
may begin to emerge more strongly in the future
  • Charity Sectors
  • World Vision
  • Alzheimers Society
  • National Association For Gifted Children
  • Spinal Injuries Association
  • National Energy Foundation
  • Sports Leaders UK
  • Association of Young People with M.E

18
Home to Over 500 Overseas-Owned Companies
  • Overseas companies represent 8 of the companies
    in the city 19 of employment.
  • There is a high representation of foreign
    companies including
  • European
  • American
  • Japanese
  • Taiwanese

19
Origins Ownership
  • A third of the citys businesses have been set up
    from 2000 onwards
  • 6.5 of businesses have been operating in the
    city since before 1970
  • 71.5 of businesses started up in Milton Keynes
  • Just under 1 in 10 have relocated to Milton
    Keynes from either elsewhere in the UK or from
    overseas
  • 1 in 5 establishments are a new branch of an
    existing business

20
Origins Ownership
  • Approaching 4 in 5 (77.5) of establishments are
    independent companies
  • 17.2 are owned by a UK parent company
  • 4.4 are either foreign owned or joint UK/foreign
    owned
  • Approaching 4 in 5 (78) established have their
    HQ in Milton Keynes
  • 20.4 have their HQ elsewhere in the UK
  • 1.3 have their HQ overseas

21
Most company relocations to MK were from
neighbouring counties or from London
Previous Main Business Location

22
The vast majority of businesses that come to
Milton Keynes are satisfied with it as a base for
their business
Satisfaction Ratings
23
Business Satisfaction High Across All Categories
of Experience
24
Most Feel They Made the Right Decision in
Choosing Milton Keynes
Was moving to Milton Keynes/expanding in Milton
Keynes the right decision for your company?


25
Benefits Realised Since Moving to Milton Keynes




26
Benefits Realised by Companies Previously Based
in London Since Moving to Milton Keynes



27
A Large Majority Feel They Have Benefited Overall
From Coming to Milton Keynes

Has your business benefited overall from its move
to/expansion in Milton Keynes?


28
Further details
  • For more information about the Business
    Environment in Milton Keynes please visit
  • www.investmiltonkeynes.co.uk/Business_Information.
    php
  • www.investmiltonkeynes.co.uk/Workforce.php
  • Milton Keynes Key Facts click here
  • Milton Keynes City Profile click here
  • Or contact Invest Milton Keynes for further
    information.

29
Business Relocation in Milton Keynes
  • Invest Milton Keynes provides a service to all
    businesses looking at Milton Keynes as a location
    including
  • Existing UK companies wishing to relocate or
    expand into the city
  • International companies looking for a UK or
    European base
  • Businesses already in the UK looking for new
    facilities
  • Organisations such as public bodies or charities,
    interested in locating in the area

30
Who is Invest Milton Keynes
  • Invest Milton Keynes (IMK) is the inward
    investment agency for Milton Keynes. Their role
  • Assisting in the relocation of businesses to
    Milton Keynes
  • Aiding the expansion of existing companies
    already in the city
  • This is achieved by offering a range of free
    services
  • Premises and site search
  • Business relocation support
  • Employee relocation support
  • Market information
  • Network and supplier information
  • Ongoing business support
  • City tours for key personnel

31
Contact Us
  • For more information on the range of services
    offered by Invest Milton Keynes or to request
    assistance with relocation or expansion please
    contact a member of the inward investment team.
  • Call 01908 200800
  • Email enquiry_at_investmiltonkeynes.com
  • Visit www.investmiltonkeynes.com
  • The details contained in this document are for
    information only. While Invest Milton Keynes
    makes every effort to check that the information
    contained in these pages is correct and
    up-to-date at the time of publication, it cannot
    be held responsible for any errors or omissions.
    All trademarks in this document are the property
    of their respective owners.
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