Procurement · 7 December 2017

This London borough has been crowned the best place for UK entrepreneurs

Upper Street in London
Entrepreneurs continue to do well in Islington
Islington has come top of a list of the best places in Britain for entrepreneurs to live and work.

The London borough has become a hub for the digital and creative industries in recent years, and the area’s startup scene continues to flourish.

A study from the Centre for Economics and Business Research (CEBR) and wealth management firm Kleinwort Hambros found that Islington’s highly educated workforce and strong digital infrastructure contributed to its success for entrepreneurs.

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The London borough includes parts of Shoreditch, an area where creative startups have flourished, as well as the Old Street roundabout dubbed the ‘silicon Roundabout? due to the high number of tech startups based there.

As well as Islington, three other London boroughs featured in the study’s top ten list of best places for UK entrepreneurs. Wandsworth, Camden and Tower Hamlets were all included.

Commenting on the importance of Britain’s capital city for new business owners, head of entrepreneurs at Kleinwort Hambros, Paul Bentley, said: “London is one of the most important employers in the country.


 
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ABOUT THE EXPERT

Fred Heritage was previously deputy editor at Business Advice. He has a BA in politics and international relations from the University of Kent and an MA in international conflict from Kings College London.

Business Law & Compliance