Manchester is the larger business hub with 97,213 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.
Manchester has 97,213 active companies compared to 21,017 in Newcastle Upon Tyne — 76,196 more.
Manchester has a higher 2020s company formation rate (64.3%) 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, Dormant Company, Management consultancy activities other than financial management, Other business support service activities n.e.c.. Manchester is uniquely strong in Business and domestic software development and Non-specialised wholesale trade, while Newcastle Upon Tyne stands out in Development of building projects and Management of real estate on a fee or contract basis.