Glasgow is the larger business hub with 66,510 active companies, compared to 21,017 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 Activities of other holding companies n.e.c. and Buying and selling of own real estate.
Glasgow has 66,510 active companies compared to 21,017 in Newcastle Upon Tyne — 45,493 more.
Glasgow has a higher 2020s company formation rate (56.9%) compared to Newcastle Upon Tyne (55.9%).
Both cities share these top industries: Activities of other holding companies n.e.c., 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. Glasgow is uniquely strong in Hairdressing and other beauty treatment and Other, while Newcastle Upon Tyne stands out in Development of building projects and Dormant Company.