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Future City

Peterborough has a dynamic future-focussed economy helping to deliver a step-change for our city. This means we’re building innovative environmental and economic sustainability in everything we do as part of our Future City programme ethos.

As one of the UK’s top Smart Cities, others look to us to see how urban infrastructure, processes and systems can be integrated and how future challenges can be addressed. We’ve worked in partnership with the British Standards Institute and UrbanDNA to develop a DFID-funded Smart City Leadership Programme which we’re now delivering in the Indian city of Amaravati and for the state of Madhya Pradesh.

Our Future City team is also making headlines for its circular economy achievements and ambitions – the programme is about making the most of the resources we have locally, supporting economic resiliences, developing strong communities and increasing environmental sustainability. Initiatives like the Circular Peterborough Commitment and Share Peterborough platform are all contributing to helping Peterborough, and its businesses, become waste free by 2050!

Focussing on the future through approaches like Digital City, means we’re delivering value by helping our city and its businesses to become more resilient.

Increased investor confidence underpinned by the city’s new initiatives continues to help our local companies establish a resilient presence and deliver exceptional growth.

Explore our key business sectors:

 

During 2014, 1,918 new companies were started in Peterborough – a record year for new registrations with data for 2015 indicating even further increases. We will update this data here as soon as it is published, so please check back frequently or register your interest for updates.

Confidence in the local economy has been endorsed by new arrivals and new developments. The Roxhill Gateway Peterborough site is well on the way to creating 6,000 jobs and the heart of the city continues to flourish in the restaurant and retail sectors and with our plans for the Fletton Quays development.

A further fall in unemployment in 2015 adds to the positive and resilient economic picture, with the city bucking national trends last year.

Population

Within our population of around 197,000 we have a slightly younger demographic profile in comparison to the UK and Eastern region, with 41% of the population aged 29 and under compared with 38% in the UK and 36% in the East.

Peterborough also has a lower proportion of people aged 65+ in comparison to the regional averages and a more diverse and multicultural community with around 13% non-white British compared to 12% in England and 7% in the region.

Come and see our economy in action – arrange a visit today.