Economy

Derby is England’s fastest growing city for wealth creation in growth by GVA. Derby’s well-balanced economy, with key sectors such as high-value added engineering, creative industries, retail and the office based sector.

Derby is the UK’s leading Aerospace city and the UK’s leading hi-tech city. As well as being home to over 200 rail-related companies, the largest concentration in Europe, Derby also has the highest proportion of graduates in the workforce than any other UK city.

For the first time in 2010, Derby’s growth spend in the retail sector achieved £700 million, and with the city having the highest average salary of any city outside London and attracting a wealthy achiever profile 20% higher than the national average, Derby has become a great location for premium retailers.