Sales & Marketing

'Innovation map' reveals wide spread of enterprise

The first 'innovation map' of the UK has revealed that Oxfordshire has the most innovative economy in Britain, while areas such as Teesside and Merseyside outperform London and Manchester. According to the Enterprise Research Centre, there is an 'arc of innovation' stretching from Cambridge through the southeast Midlands and along the M4 corridor to take in Oxfordshire and Gloucestershire. But just 17% of London businesses introduced a new or updated product or service in the two years surveyed, against 27% in Oxfordshire. Prof Stephen Roper, who led the research, said: 'The findings run counter to the dominant narrative of a country dependent on London, with innovation being more widely dispersed across the country than was previously thought.'


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

When you’re an established business, recruiting top talent in all the areas you need can seem like a never-ending challenge.


If you’re a start-up or small business, how can you put together an attractive employee package to appeal to top talent – graduate and…


Mexico is predicted to become one of the world’s top 10 economies in the next 10 or 20 years.

Stop fraud

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by…

Santander’s Head of SME International Mark Collings discusses why exporting to new global markets may provide businesses with new and…

Where Next?