Over the last 20 years Cardiff has been transformed. Cardiff is now a great place to visit and an even better place to live. It’s the closest European capital city to London, soon to be down to under 100 minutes by train.
It’s projected to be the UK’s fastest growing city over the next 20 years. It is a young and talented city, primed for economic growth. Exciting things happening here.
• 40% population hold tertiary level qualifications
• 75,000 students in the city-region (half the student population in Wales); 43,000 in Cardiff
• Postgraduates now make up more than one in three students studying in Cardiff’s higher education institutions
• International students make up a quarter of those studying in Cardiff
• Median annual pay in Cardiff is 26% lower than in London and lower than the majority of UK core cities
• Average Graduate salary in Wales (£23,000) which is lower than the UK average
• Grade A property prices significantly lower than comparator cities
• Lowest cost location for running a Business Process Outsourcing activity of the UK core cities
Once dubbed ‘cool Cardiff’ by legendary travel guide ‘Lonely Planet’, a new report entitled ‘UK: Best city to be young’ suggests that when it comes to 18-30 year olds, Cardiff comes top for work, rest and play. Source: Legal and General 2013
- Cardiff is projected to be one of the UK’s fastest growing cities with 26% population growth over the next 20 years.
- Similarly, between 2002 and 2010 a larger proportion of Cardiff’s firms were classified as ‘high growth’ than any other UK core city.
- Cardiff has a brilliant vibrancy, with great infrastructure investments made to ensure growth continues to be nurtured.
- Cardiff is one of the top cities in the UK for business growth and has a higher porportion of ‘gazelle’ companies than any other UK city.