Economy

Hailed as the ‘beating heart of UK investment’ by the UK Department of Business & Trade, Telford is an economic hub. We are home to over 6,250 businesses, from micro start-ups to large multi-nationals, across a diverse range of sectors - with employment levels above the national average and 600 new businesses starting every year. 

Building on our strong manufacturing, engineering and agricultural history, we’re a town that plans for the future. That’s why Telford has been dubbed the ‘silicon suburb’, due to the high levels of tech employment, digital focused education and our commitment to innovating the agri-tech sector. 

We ensure there is a constant focus to unlock jobs and create growth – making Telford a natural home for investors, innovators and entrepreneurs, which is why we’re the fastest growing economy in the West Midlands. 

By providing high quality business support, access to finance, local regulation and business support services we continue to secure record levels of investment. Over £1 billion of capital investment has been made further improving connectivity and facilities for those that live, work in and or visit Telford.  

We also work with businesses to ensure sustainability is maximised; reducing energy costs and enabling financial savings so they can invest further into their infrastructure and workforce.