Southampton ranked as ninth most ambitious city in UK
Friday June 18th, 2021
Southampton has been ranked as the ninth most ambitious city in the UK.
Recent data shows that 64% of the UK workforce have ambitions to become an entrepreneur. And, even amidst the chaos of the coronavirus pandemic, it looks as though some of these ambitions were made a reality. Last year, in the UK alone, there were almost 800,000 new business registrations – an increase from both 2018 and 2019.
Card machine provider Dojo has created a nationwide index of the most business ambitious cities.
To create the list, the company looked at the percentage business growth comparing new and closed businesses, business growth over last five years, business five-year survival rate, the number of businesses with more than 10 employees and online searches of how to start a business.
After comparing the data, Southampton was revealed as the ninth most ambitious city in the list, with a population of over 255 thousand and an “ambition score” of 161 out of 250.