Benefits

Through a unique combination of location benefits, Essex delivers for businesses seeking growth in the UK, European and global markets.

Essex UK:
benefits for businesses

Essex’s success as a leading UK and European business location is built upon the following key benefits for businesses . . . 

UK and
International Connectivity

Essex delivers unbeaten connectivity to UK and international markets, for business people, freight and data . . .

  • Just 30 minutes from London’s global business hub (by train)
  • Prestigious business locations just 35 minutes from Cambridge (drive time)
  • Direct access to the UK motorway network via M25, London’s orbital motorway, and M11 
  • 6 London airports within 1.15 hours drive time (including London Heathrow), delivering comprehensive global connectivity
  • ‘The UK’s Multimodal Gateway’: 4 international deep sea ports, 6 rail freight terminals and the UK’s 3rd largest cargo airport (London Stansted) in Essex
  • Fast data connectivity to London, facilitating high-speed trading
  • UK top-ranked broadband internet coverage (Ofcom rank: 1)

Integration with London:
Global Business Hub

Essex is an integral part of London’s world-leading Financial and Professional Services cluster, combining fast connectivity to London with a significantly reduced cost base. Key benefits include . . .

  • Direct access to the City of London’s finance hub in just 30 minutes (by train)
  • Access to a large scale ‘London-Essex’ financial and administrative workforce, including 103,000 financial and business services workers in Essex, 142,000 Essex-based London commuters and 680,000 accessible London finance cluster workers
  • A large, well-established Essex Financial and Professional Services business cluster with deep links to the London hub, specialising in areas including back office (e.g. banking and insurance), business process out-sourcing (BPO), financial data centre operations and niche financial services (e.g. wealth management and financial technologies)

Technology &
Innovation

Located at the heart of the London-Stansted-Cambridge Innovation Corridor, Essex is home to world-class technology companies, research parks, knowledge workers and university research capabilities. Essex offers . . .

  • Direct access to Europe’s best research universities and knowledge: the University of Cambridge and Imperial College London are both ranked in Europe’s top 3 for Engineering and Technology, and Life Sciences. The University of Essex ranks amongst the world top 2% of universities and the UK’s top 20 universities for research excellence (Times Higher Education rankings; REF 2014)
  • Leading technology businesses, including e2V, Raytheon, Ipeco, Selex ES and BAE Systems

A low cost
for businesses

Essex combines value-adding benefits with significant cost advantages versus London, Cambridge, the UK’s major cities, alternative UK logistics hubs and other European competitor locations. Proven cost savings for businesses include . . .

  • Prime office rents -74% vs the City of London, -38% versus Cambridge and -26% versus the UK’s major (core) regional cities (Colliers, 2015 data)
  • Average wages -48% versus the City of London and -7% versus the UK’s major (core) provincial cities (average of) (ONS, 2015 data)
  • ‘IT Finance’ wage -17% versus ‘London and the M4 corridor’
  • Significant potential cost savings with portcentric distribution from Essex 

Testimonials

How our opportunities have helped businesses based in Essex.

Leading businesses,
based in Essex

Leading companies that have chosen Essex include . . .

Simon Papworth
Simon Papworth

Inward Investment Manager (High-Technology Cluster)

+44 (0) 7515 199255

Biography

Simon has worked in inward investment for the last four years, building a wide network of trusted business connections, working on a variety of successful projects in the advanced manufacturing sector. Prior to this, Simon spent 7 years advising business owners and entrepreneurs, with a focus on bringing innovative products to market.

David Rooke
David Rooke

Inward Investment Manager

+44 (0) 7989 380435

Biography

In a career spanning over 30 years David’s experience includes large-scale factory management and 17 years in inward investment. David has worked with a wide range of major corporates and organisations in the UK and overseas, advising on inward investment projects, business relocations, expansion and consolidation projects.

Robert Edge
Robert Edge

Inward Investment Manager (UK Multimodal Gateway:Essex and Life Sciences & Healthcare Cluster)

+44 (0) 7740 179497

Biography

Following a ten year career with a major Colchester freight forwarder shipping everything from confectionery to oxygen plants, Robert has spent almost 15 years in inward investment promotion. Having had experience in China, India and the Middle East, Robert leads on the logistics and renewables sector.

Corinne Hearne
Corinne Hearne

Inward Investment Manager (London-Essex UK Finance Corridor)

+44 (0) 7702 900667

Biography

With over 25 years’ experience in the Financial Services and Global Relocation industries, Corinne has developed an extensive, specialist, commercial network and has successfully supported projects focused on the strategic development and growth of both overseas and UK companies in business, professional and financial services sectors.