Newcastle Upon Tyne and York are similarly sized business centres with 21,017 and 16,538 active companies respectively. This close match makes their industry mix, growth trajectory, and formation history all the more interesting to compare. Both cities share strength in Activities of other holding companies n.e.c. and Buying and selling of own real estate.
Newcastle Upon Tyne has 21,017 active companies compared to 16,538 in York — 4,479 more.
Newcastle Upon Tyne has a higher 2020s company formation rate (55.9%) compared to York (46.4%).
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, Dormant Company, Management consultancy activities other than financial management. Newcastle Upon Tyne is uniquely strong in Management of real estate on a fee or contract basis and Retail sale via mail order houses or via Internet, while York stands out in Business and domestic software development and Information technology consultancy activities.