Office Forecasts for 2015

Lambert Smith Hampton has published its latest ‘UK Vitality Index’ and has identified Guildford in Surrey as the location most likely to see expansion in 2015.

Guildford has replaced Cambridge as the destination best placed to support economic expansion over the next 12 months.

Metropolis has over 20 live Surrey office requirements added this year, compared to a dozen in Cambridge.

The results are based on the analysis of 20 datasets, with each location ranked within six separate categories: most productive, fastest growing, most entrepreneurial, best educated, greenest and most affluent.

Overall, the top 10 towns and cities in the 2015 UK Vitality Index are:

Guildford
Cambridge
Brighton
Reading
Warwick
St Albans
Milton Keynes
Oxford
Edinburgh
York

Oxford and York are both new entries into the top ten boosted by greater corporate investment and an increase in the number of recent business start-ups.

The report also identifies Manchester, Northampton and Derby as the most significant improvers over the past 12 months.

Metropolis would rank Edinburgh and Manchester as the locations with the most live requirements, with 40 new searches in Edinburgh in 2014 and 42 in Manchester in the last 12 months. With over 80% of UK GDP generated outside London and predictions of a revival in the regions next year, it is likely these towns and cities will prove increasingly important in 2015.

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