Just some of the reasons why Peterborough is such a great place for business
A track record for growth
Peterborough is home to over 7,500 businesses and 200,000 residents. Both of these populations have experienced some of the highest growth rates in the UK, and this trend is set to continue. With full-fibre gigabit connectivity, affordable costs and a diversifying economy that’s powering cross-sector collaboration and innovation, it’s no wonder we’re one of the most enterprising cities in the country.
Between 2010-2020, Peterborough experienced 50% business growth, compared to averages of 27% in the East, and 32% across Great Britain. It’s a growth rate that puts us ahead of Cambridge (24%), York (26%), Nottingham (37%), and Norwich (20%), and just ahead of Milton Keynes (46%).
The latest jobs data also shows Peterborough has been ahead of the pack, experiencing 22% growth, compared to 18% across the East of England, and 15% across Great Britain in the same period.
Growth headlines
A Hub of UK Headquarters
Over 7,500 businesses from across all sectors call Peterborough home and see the value in having a base in one of the most well connected and diverse local economies in the country. Even the UK government is investing here, with new offices in development for 1,000 civil servants from HM Passport Office and the Department for Environment, Food and Rural Affairs.
A connected base
Peterborough, and the Greater Peterborough area, offers access to 9 million customers within a 1.5 hour drive. It also provides unrivalled connectivity to the rest of the country.

HGV DRIVE TIMES
Major centre |
Miles |
Time |
A14, Junction 13 |
15 |
24 min |
A14, J21 |
16 |
20 min |
Leicester |
39 |
1 hr |
Nottingham |
56 |
1 hr 14 min |
M25 |
70 |
1 hr 10 min |
London (North Circular) |
78 |
1 hr 18 min |
Birmingham |
80 |
1hr 32 min |
Railports |
Miles |
Times |
Dirft |
50 |
1 hr 5 min |
Ports |
Miles |
Times |
Felixstowe |
100 |
1 hr 40 min |
Immingham |
104 |
2 hr 2 min |
Hull |
109 |
2 hr 6 min |
Southampton |
152 |
2 hr 48 min |
Affordable - for businesses and residents
Location |
Grade A office space |
Industrial space |
Peterborough |
£13.50 |
£6.50 |
Cambridge | £36.00 | – |
Milton Keynes | £23.00 | £7.50 |
Bedford | – | £6.75 |
Swindon | £18.50 | £7.25 |
Basingstoke | £25.00 | £8.00 |
Norwich | £16.50 | – |
COMPETITIVELY PRICED
Peterborough is one of the most competitive locations in the country; premium office space goes for 40% the rate in Cambridge and 60% of Milton Keynes; yet a base in Peterborough puts you next to the A1(M), A47 and A11, provides a 39-minute direct train ride to London King’s Cross, and access to an agile, skilled workforce.
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