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1 GENUINELY INSPIRING Invest Excellent transport links, super-fast broadband, a loyal, talented workforce and competitively priced premises make NewcastleGateshead an ideal location to invest.

2 WELCOME to NewcastleGateshead, one of the UK s fastest growing cities United by the iconic River Tyne, NewcastleGateshead is the gateway to North East England, one of the most beautiful and unspoilt regions in the UK. With Leeds and Manchester just a couple of hours to the south and Edinburgh less than two hours to the north, we are perfectly placed for businesses to establish a UK base. We are committed to creating the best possible conditions for economic growth offering a business-friendly environment, highly skilled workforce, competitive tax regime and excellent infrastructure. The United Kingdom is one of the easiest places to start a business with less regulation, an attractive tax system, access to a large domestic market and the world s biggest single market, the European Union. The pro-business environment will see corporation tax reduced to 2% by 25, making it one of the lowest in Europe and with the UK being outside of the Eurozone, businesses benefit from a stable fiscal environment. The UK timezone means that our working hours overlap with most of the world s continents ensuring optimum productivity. With access to three major ports, the East Coast high-speed train line providing fast and regular travel to London in less than three hours and Newcastle International Airport offering direct flights to over 65 world-wide destinations, NewcastleGateshead is the perfect gateway to Europe and beyond. NewcastleGateshead Initiative, in partnership with Gateshead Council and Newcastle City Council, is dedicated to helping businesses locate, expand and flourish here and can provide a range of services to make it easy for you to realise your ambitions for growth. From major international investments to home-grown talent and exciting start-ups, there are many reasons to bring your business to NewcastleGateshead. Once you re here, our experienced team is on hand to make sure you have access to the right networks, customers and talent to ensure your success. But it s not all about work. We believe life in NewcastleGateshead is second to none and people who choose to live and work here immediately notice that they have the very best of both worlds. Described by Lonely Planet as the hipster capital of the North East, now is the time to find out why NewcastleGateshead is the right location for you. a proven track record NewcastleGateshead has an impressive track record in the attraction of overseas investment as well as establishing and supporting home-grown businesses. From software giants to high street banks and world leaders in research, global brands have chosen to make the North East their UK home. Nissan WorldPay Reflections. A Ubisoft Studio Komatsu BridonVirgin Money Santander Teleperformance Technip Northern Power Grid Fueled SCM Pharma Greggs Procter & Gamble Union Electric Steel Duco Tesco Bank North of England P&I Aesica Pharmaceuticals Akzo Nobel Northumbrian Water Siemens Eutechnyx Pearson Engineering Bellway Hitachi Rail Nestlé Go Ahead Group The Sage Group GE Oil & Gas The UK is the number one destination for inward investment in Europe. In 2/2 7,354 jobs were created in the North East region through Foreign Direct Investment, more than any other UK region.

3 WHY CHOOSE NewcastleGateshead? research POPULATION AND WORKFORCE An experienced and ready-made skills base offers all of the specialist skills and training that companies need to compete globally. The North East has a multi-cultural, skilled, yet balanced workforce that is flexible and highly motivated renowned for their strong work ethic and some of the highest staff retention rates in the UK. Labour costs are extremely competitive, on average 5% lower than the UK average. Absentee rates and down time are some of the lowest in the UK. Professional occupations make up the largest employment sector (6%), with sales and customer services (%) as well as process, plant and machine operations (7.3%) all above the national average. Number of students regional universities 2/2 Undergraduates Post-graduates International TOTAL STUDENTS 5,4 6, 5% 2,55 24,235 5,65 8% 29,3,8 4,76 % 6,57 4,62 2,76 22% 7,38 24,695 3,28 6% 28,4 9,4 2,875 5,822 2,345 Newcastle University NORTHUMBRIA UNIVERSITY UNIVERSITY OF DURHAM UNIVERSITY OF SUNDERLAND TEESSIDE UNIVERSITY TOTAL Newcastle University is in the UK s top 2 for power in Science and Engineering. Population within 3-minute drive time total population,725, WORKING AGE,82, BORN ABROAD % 5 universities 2 FE Colleges NewcastleGateshead is a magnet for young people, being named the UK s Best University City in MSN Travel s survey for three years running. With five world-class universities and 2 exceptional further education colleges all within an hour s drive time, each with their own specialisms and areas of expertise, you ll find NewcastleGateshead is a hotbed of energetic talent across a wide range of disciplines. NewcastleGateshead is home to a diverse and cosmopolitan international community. With almost 6, overseas students from over countries choosing to live and study in the region, investors have access to a highly-educated and multilingual workforce providing international businesses with the essential skills and knowledge to operate globally from a North East base. COST COMPETITIVE Salaries Wage rates are sustainable, representing potential cost savings to employers. In addition, the exceptionally low rates of staff turnover in the North East, means that staffing costs are kept extremely competitive when comparing against other locations. Median annual salary, by travel to work areas, 22 2,39 2,432 2,56 2,9 23,787 29,9 NewcastleGateshead leeds UK MANCHESTER EDINBURGH LONDON Source: ONS, ASHE 22 The North East is the only UK region with a positive balance of trade. UKTI 23 get connected Transport NewcastleGateshead has all the access links you d expect of a major European city and is well connected by road, rail, sea and air. The high-speed East Coast mainline provides fast and regular train travel, with over 3 trains per day to London, as well as connections to all of the UK s largest cities. Newcastle International Airport is just over 2 minutes from the city centre, one of the UK s few genuine city centre airports, and offers direct flights to London (Heathrow and Gatwick), Dubai, Amsterdam, Brussels, Dublin, Paris and over 65 other destinations across Europe. The Port of Tyne is well served by frequent international shipping connections and there is also a daily passenger and freight sea service to Amsterdam from the International Ferry Terminal. By road, you can easily connect with the rest of the UK, with the motorway network connecting you to both Scotland and the rest of England. Property Prices A wide range of commercial property options as well as design and build spaces are available in NewcastleGateshead. We have established communities and sector clusters as well as prime locations for company headquarters, valuable development sites with direct quay access on the North Bank of the Tyne and a range of manufacturing spaces available now. Our high-quality city centre office space is currently around 2% cheaper than other UK cities and 63% less than London. Edinburgh Office rent per sqft 28. Industrial rent per sqft 7. Digital Connectivity With over 2.5m investment in our digital infrastructure, by 25 all businesses across NewcastleGateshead will have access to super-fast broadband, providing speeds of up to 3Mbps, matching the fastest broadband speeds of any major city in Europe. 4G mobile coverage is also widely available on all of the major mobile networks. Digital connectivity within our creative and digital hubs already provide the UK s fastest available speeds and secure data exchange, meaning creative and digital businesses can attract and service clients successfully on a global scale from a North East base. Make Connections One of the most compelling reasons to locate in NewcastleGateshead is the range of business networks available across the region. The established knowledge networks, centres of excellence, research capabilities and trade associations as well as a range of membership organisations and informal social networks will ensure you and your team are well connected. You will find our business community is committed to bringing forward introductions for new entrants, setting the region apart in terms of people connectivity. The team at NewcastleGateshead Initiative is on hand to advise and point you in the right direction. Journey information from selected UK cities LONDON BIRMINGHAM MANCHESTER EDINBURGH GLASGOW ABERDEEN UK AVERAGE Office rent per sqft 25. Industrial rent per sqft 5.5 MANCHESTER Office rent per sqft 29. Industrial rent per sqft 5.75 London Park Royal Office rent per sqft Industrial rent per sqft 3. RAIL TIME DRIVE TIME MILES 2hr 37 4hr hr 2 3hr hr 58 2hr hr 29 2hr 9 4 2hr 5 2hr hr 2 4hr NewcastleGateshead out of town Office rent per sqft 6.95 Industrial rent per sqft 5.25 ABERDEEN EDINBURGH GLASGOW NewcastleGateshead city centre Office rent per sqft 2. Industrial rent per sqft Leeds Office rent per sqft 25. Industrial rent per sqft 5.5 London City Office rent per sqft 54.5 Industrial rent per sqft MANCHESTER BIRMINGHAM London Source: ONS, ASHE 22 Invest

4 WHY CHOOSE NewcastleGateshead? Investment and infrastructure We offer an attractive package of financial and non-financial incentives to companies looking to locate or expand in the area. Government initiatives continue to play a crucial role in re-igniting investment and kick-starting the economy across the North East. A significant investment programme is being delivered in partnership with national government departments, local authorities, our world-class universities and the private sector, demonstrating our commitment to helping your business succeed in NewcastleGateshead. Science Central A new 24-acre urban quarter poised to become a flagship location for science and technology. This site will enable companies to co-locate with international academic expertise in areas including sustainability science; transport technology; marine technology, digital sciences and cloud computing technology. East Pilgrim Street East Pilgrim Street is one of the most strategically important city centre regeneration areas in the north of England and will provide space for retail, leisure, commercial and residential uses. The site is located on the edge of the retail core and is easily accessible from major routes. Historic buildings and streets will create a distinctive quarter and there will be potential for both significant new uses on redeveloped sites together with small scale creative businesses. Accelerated Development Zone (ADZ) Four city centre sites have been identified as part of the Accelerated Development Zone, unlocking 92m in funding to increase opportunities for developers and occupiers. This City Deal, agreed by National Government, will establish Newcastle as a low carbon Pioneer City and also transform Newcastle into a super-connected city with significant investment in the digital infrastructure. NEW DEVELOPMENTS AND CAPITAL INVESTMENT Across NewcastleGateshead and the wider North East we re investing in our infrastructure and assets, providing businesses with the best possible environment to grow and prosper. Newcastle Central Station 8.6m improvement plan for the regional gateway. Summer 24 Tyne and Wear Metro 385m modernisation programme. Ongoing until 22 Monument Mall 5m retail and leisure centre redevelopment. Autumn 23 Eldon Square Shopping Centre 7m new restaurant quarter development in Newcastle City Centre. Spring 25 Newcastle City Centre 5.6m improvements to city centre cycle network. 25 Trinity Square, Gateshead 5m mixed use development with retail space, entertainment and student accommodation. Autumn 24 A Western Bypass 58m improvement scheme to ease congestion. 26 A9 Road Improvement Scheme Improvements to the A9 trunk road at key junctions improving access and traffic flow through the region. Summer 28 Neptune National Centre for Subsea and Offshore Engineering 7m world-class research facility. Spring 25 Newcastle University Cloud Computing Centre 2m state-of-the-art big data centre. Opens late 27 Go Digital 2.5m investment into broadband infrastructure and improved Wi-Fi across NewcastleGateshead. March 25 Stephenson Quarter Stephenson Quarter is the true home of engineering it is where Robert Stephenson built the world s first passenger locomotive, The Rocket. Phase one of the regeneration programme has started with 3, sq ft of Grade A office space and a 4 star Crowne Plaza hotel in development. Available: Spring 25. Gateshead Quays / Baltic Business Quarter A significant business district stretching from Gateshead town centre to the Quayside, Baltic Business Quarter is the location of choice for the creative industries, offshore project management teams and a range of business and professional service companies. Available: Now North East Enterprise Zone The North Bank of the River Tyne, just a few miles outside NewcastleGateshead is a key part of one of the country s largest Enterprise Zones. Home to the Neptune Energy Park and Offshore Technology Park, this area provides a unique infrastructure at the core of the subsea and offshore cluster. Available: Now

5 SECTOR STRENGTHS We re good at many things, but there are some areas where we re truly great! There are almost 2, registered businesses in NewcastleGateshead, with knowledge intensive sectors driving consistent economic growth. Established supply chains ensure companies can work across many sectors, bringing with it resilience to economic dips and as our economy continues to evolve, many companies have chosen the North East as a strategic site to position multiple business activities such as R&D, manufacturing, sales and service. CREATIVE AND DIGITAL NewcastleGateshead is emerging as one of the most vibrant creative clusters outside of London. The opportunities are particularly strong in software development, technical support, gaming and creative services and the region is home to industry leaders including Reflections - a Ubisoft Studio, Eutechnyx, CCP Games and Sage Plc. Global leaders rub shoulders and do business with fast-growing local start-ups and the sector accounts for almost,8 businesses, employing over 8, people. SCIENCE AND HEALTHCARE One of only six designated UK Science Cities, NewcastleGateshead has an internationally-renowned reputation for life sciences, healthcare and sustainability. The region is recognised for its strengths in ageing, biomedicine and clinical trials and is home to 25 companies operating in the sector including GSK, Procter & Gamble, Helena Bioscience and SCM Pharma - employing over 6,5 people. The North East has an extensive pharmaceutical cluster, accounting for /3 of the UK s turnover in pharmaceuticals and Newcastle Hospitals undertook the UK s largest number of clinical trials in 22, recruiting over 3,8 patients. OFFSHORE AND MARINE NewcastleGateshead is a major centre for the renewable, offshore and subsea energy industries in the UK and is one of only six Centres for Offshore Renewable Engineering (CORE) in England. New investment in the North Sea will take expenditure to a record 3.5bn in 23 and our rich industrial and maritime heritage provides businesses with all the relevant skills needed for the sector today. Enterprise Zone status and a prime location on the banks of the River Tyne gives businesses extensive and unrestricted access to the North Sea via the Port of Tyne. Companies who have already chosen to locate here include Technip, Bibby Offshore, Wood Group PSN, Bridon and GE Oil & Gas. RESEARCH AND DEVELOPMENT We inspired some great discoveries of the past and now NewcastleGateshead is leading the way on the scientific and technological breakthroughs of the future. We have a successful track record of collaboration between academia, industry and government. Our worldclass Centres of Excellence and membership bodies, alongside our five universities provide R&D expertise across a range of sectors. Newcastle was ranked st in the Sustainable Cities Index in 29 and 2. HIGH-VALUE MANUFACTURING AND ENGINEERING NewcastleGateshead has a history of making things - from the invention of Stephenson s locomotion to Joseph Swan s lightbulb it s what we ve done best for generations. This inventive spirit and manufacturing heritage continues today and we re now applying our knowledge and expertise to create the technology of tomorrow. With particular strengths in the low-carbon and automotive industries, the North East is home to global brands Nissan, Nestlé, Komatsu and Procter & Gamble. Team Valley in Gateshead is home to 7 businesses, employing over 2, people. LOGISTICS AND DISTRIBUTION When it comes to location, NewcastleGateshead really delivers. Infrastructure and connectivity are crucial to any business and with Newcastle International Airport handling over 2 tonnes of cargo and the Port of Tyne providing comprehensive logistic solutions; it s easy to see why major companies choose NewcastleGateshead as a northern base for their distribution and logistics. Major cities in Scotland, the North West, Yorkshire, Midlands and North Wales are all accessible by road within a four hour drive time via the A and A9. Port of Tyne is the 5th largest vehicle handling facility in Europe. BUSINESS AND PROFESSIONAL SERVICES NewcastleGateshead is home to some of the biggest names in law, accountancy and software consultancy and has a strong reputation in the banking, corporate finance and insurance sectors. NewcastleGateshead is a location of choice for global business service centres and technical contact centres and as a result is seeing a growing presence of European HQ sites. We have a reputation for being warm and friendly so customer service comes naturally to us and the Geordie accent is regularly voted as Britain s favourite. Newcastle was ranked st in the latest Cushman & Wakefield attractiveness survey for setting up a contact centre.

6 Quality of life House prices: January March 23 2,53 238,976 43,82 33,292 4,93 238,73 Ave House Prices Ave House Prices Semi-Detached Semi-Detached Detached Detached NewcastleGateshead UK Average Source: Land Registry, Jan-Mar 23 Life in NewcastleGateshead provides an exciting blend of the historic and the contemporary, the buzzing city and a tranquil coast and countryside all on your doorstep. But they always say it is the people that make a place and this is certainly true in NewcastleGateshead. When it comes to residential properties, house prices are 4% less than the UK average, and you will find a wide range of properties and locations to choose from. From contemporary city-centre apartments with a stunning riverside view and affordable Tyneside flats in popular areas for young professionals, to traditional village locations or family-friendly seaside towns, they re all within an easy commute of NewcastleGateshead. Healthcare The North East is renowned for its excellent healthcare provision providing better care, clinical excellence and access to specialist services. Newcastle Hospitals NHS Trust is one of the UK s Top performing trusts, one of the largest in England and with more specialist services than any other. It is committed to investing in facilities that will further improve care with a 3m transformation programme in delivery. Gateshead NHS Trust is the first NHS organisation in the North East to be given a prestigious award for its commitment to investing in staff as they continually seek to improve the quality of patient care. There is a wide network of dentistry care both private and NHS and the renowned Northern region Newcastle Dental Hospital. Schools and Education In addition to the region s five universities, NewcastleGateshead has two excellent further education colleges and a wide range of state and private schools to choose from. Our state schools are achieving results in line with the national average and our private schools are highly regarded with several rated in the UK s Top. Shopping NewcastleGateshead is a shoppers paradise. Home to Europe s largest shopping and leisure complex, intu Metrocentre has over 3 shops, restaurants, bars and entertainment all under one roof. In Newcastle city centre you ll find everything from high street names to designer boutiques, farmers markets and independent art galleries all within close proximity. Culture-Seekers NewcastleGateshead has undergone a cultural regeneration over the past 2 years, transforming the place beyond recognition, creating the stunning cityscape you see today. With four major theatres, a range of music venues and world-renowned museums and galleries as well as a year-round programme of festivals and events, you re never short of things to do. OUR SERVICES NewcastleGateshead s inward investment team provide a range of services to potential and existing investors. Our service is bespoke and will be led by client needs but as a guide could include: Research, intelligence and statistics to support the development of Marketing & PR support. your business case. Access to world-leading centres of excellence, A detailed cost/benefit analysis. cluster groups and business development networks. Employee recruitment and retention guidance. Relocation advice, presentations and tours. Skills and training advice to support a sustainable and talented workforce. A single point of contact to help you establish Property solutions. and then grow your business. Access to finance and advice on grants and incentives. Invest Tel