Leeds is the larger business hub with 47,811 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.
Leeds has 47,811 active companies compared to 21,017 in Newcastle Upon Tyne — 26,794 more.
Leeds has a higher 2020s company formation rate (56.0%) 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, Development of building projects, Management consultancy activities other than financial management, Other business support service activities n.e.c.. Leeds is uniquely strong in Information technology consultancy activities and Other human health activities, while Newcastle Upon Tyne stands out in Dormant Company and Management of real estate on a fee or contract basis.