Nottingham and Newcastle Upon Tyne are similarly sized business centres with 41,686 and 21,017 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.
Nottingham has 41,686 active companies compared to 21,017 in Newcastle Upon Tyne — 20,669 more.
Newcastle Upon Tyne has a higher 2020s company formation rate (55.9%) compared to Nottingham (55.7%).
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. Nottingham is uniquely strong in Information technology consultancy activities and Other human health activities, while Newcastle Upon Tyne stands out in Management of real estate on a fee or contract basis and Take-away food shops and mobile food stands.