Glasgow is the larger business hub with 67,891 active companies, compared to 21,153 in Newcastle Upon Tyne. While size differs, comparing their industry profiles, formation trends, and growth rates reveals what makes each city's business environment distinctive. Both cities share strength in Buying and selling of own real estate and Management consultancy activities other than financial management.
Glasgow has 67,891 active companies compared to 21,153 in Newcastle Upon Tyne — 46,738 more.
Glasgow has a higher 2020s company formation rate (56.9%) compared to Newcastle Upon Tyne (55.8%).
Both cities share these top industries: Buying and selling of own real estate, Management consultancy activities other than financial management, Other business support service activities n.e.c., Other letting and operating of own or leased real estate, Retail sale via mail order houses or via Internet. Glasgow is uniquely strong in Hairdressing and other beauty treatment and Information technology consultancy activities, while Newcastle Upon Tyne stands out in Activities of other holding companies n.e.c. and Development of building projects.