Swindon Has One of the Best Economies in the Country

Britannia Quickmove is one of the leading Swindon removals companies. We have over 50 years’ experience in removals and storage in Swindon and across Wiltshire. So, we know how fantastic this city is, and why it has so much to offer its residents.

In a report from Centre for Cities and research from Swindon council, Swindon’s economy was shown to be high performing in a number of different factors. In fact, according to the Centre for Economic and Business Research, Swindon was forecast to be one of the top 10 fastest-growing economies by the end of 2023.

Job Opportunities in Swindon

Swindon came 14^th for the highest average wage and had the 3^rd highest employment rate, demonstrating the booming job market. In addition to this, 1,800 apprenticeships are started in the area every year.

The strongest industries in Swindon were Financial and Professional services – a sector worth a huge £940 million. 12% of all workers in Swindon are employed in this industry. Nationwide, one of the largest building societies in the world with over 16 million members, has its headquarters in Swindon. Zurich, Capita, and RWE also all have major offices in Swindon.

Manufacturing and Engineering is another industry that provides many job opportunities in Swindon. This sector contributes an amazing £1 billion to the economy, with over 10,000 people employed. MINI has a production plant in Swindon which produces over 350 different pressed parts that are used for the MINI body shell.

High street stationery brand WH Smith and heritage conservation charity National Trust also both have their headquarters in Swindon, providing a variety of job roles to locals.

Business Opportunities in Swindon

Swindon had the 3^rd largest increase in total GVA (Gross Value Added) out of 66 cities researched by the Centre of Cities. It also had the 8^th largest increase of business stock.

Businesses will find that renting office space in Swindon is much cheaper than in neighbouring cities. The average office rent per square foot in Swindon is just £18.5 – in Bristol, that rises to £28.5 and in Reading it’s £36.5.

Swindon is well connected, with Heathrow and Bristol airports both accessible in a few hours, and the major ports at Bristol and Southampton can be reached in just over an hour. There are 1.9 million people within an hour’s drive of Swindon, and trains to London take just 45 minutes.

Over £0.5 billion has been planned for town centre regeneration, which will improve Swindon town even more, bringing more opportunities and facilities for residents.

Property in Swindon

The Swindon property market continues to be strong, with annual and monthly growth. According to the Land Registry, the average price for property in Swindon is £254,500, up from £231,250 at the same time last year. Still, this is lower than the UK average of £286,400. First time buyers can expect to spend around £224,550 for their property, whilst former owners will spend around £303,600.

Whilst Swindon’s property market is strong, it can be more affordable for buyers than in other areas of Wiltshire. The county average property price is £330,176, with Whiteparish being the most expensive area within Wiltshire, with an average property price of £782,300. In comparison, Swindon is a much more affordable place to purchase property.

Moving to Swindon?

If you’re considering moving to Swindon to make the most of this growing economy, Britannia Quickmove can help. We have a wealth of experience in both home and business moves, handling your property with care and moving you to your new location safely and efficiently. With a large secure storage warehouse within Swindon, we can provide storage solutions for both long-term and short-term requirements. Plus, as part of the Britannia Movers International network, we can also help if you’re moving across the country or overseas.

For more information on our Swindon removals or storage solutions, please contact us on 0208 256 1730 or email at sales@britannia-movers.co.uk, or you can get a Quick Quote for an idea of the cost.