Business in Berkshire 2019 Content

BUSINESS IN BERKSHIRE 2019 CONTENT

Preface Innovation

Foreword Business support ecosystem Overview Connectivity GVA Overview Major Business Parks Number and size of businesses Relocations

Key sectors Employment

International economy LEP investment

Large companies Annex

High growth firms & scale- ups PREFACE

Thames Valley Berkshire LEP has published an annual Business in Berkshire report for the last three years providing an evidence base for the sub-region’s economy to inform all those involved in supporting local businesses. The latest report was due to be published at the LEP’s AGM on 24th March 2020 demonstrating the continued vibrant health of the Thames Valley Berkshire economy and its ongoing capacity to attract strong levels of Foreign Direct Investment.

The Covid-19 pandemic and its effect on the health and economy of our area is unprecedented and will have significant consequences for the sub region for some time. In response, the LEP has established a Covid-19 Task & Finish Group of key stakeholders including the Berkshire Business Growth Hub, Thames Valley Chambers of Commerce, FSB, IoD, CBI and Local Authorities to work collaboratively to support businesses to survive at this time.

We have decided to go ahead with the publication of the Business in Berkshire report so that it can provide a baseline of the economy as at beginning of March 2020 and importantly inform a recovery strategy for the region as part of the Berkshire Local Industrial Strategy. The LEP’s Research Team is monitoring the impact of the Coronavirus closely and will be producing updated reports which we will share with the business support community on an ongoing basis.

Peter Read 3 Chairman Thames Valley Berkshire Local Enterprise Partnership FOREWORD

As in previous years, our Business in Berkshire 2019 report provides a comprehensive evidence base for all those involved in supporting local businesses. Given the unprecedented times in which we find ourselves, I hope that this report helps to inform a wide range of local business support and economic development activities as we work together to help Berkshire-based businesses survive and recover post the Covid-19 pandemic.

Jacinta George Business Environment Group Chair and Life Sciences & Healthcare Lead Thames Valley Berkshire Local Enterprise Partnership

4 We know that Berkshire has a strong economy. On the national stage, the area performs extremely well on most measures of economic health (economic output, productivity, employment rates, OVERVIEW competitiveness, etc). In this report we dig beneath the headlines to help those involved in business support to understand: ▪ The structure and nature of the local economy ▪ Which firms are powering the local economy, or have the potential to do so ▪ How the local business ecosystem is developing Key findings for 2019:  The number of registered businesses in Berkshire grew by an average annual growth rate of 3.5% between 2010 and 2019. ▪ Whilst the proportion of business ‘births’ in Berkshire flat-lined between 2018-19, the proportion of business ‘deaths’ declined. ▪ Berkshire continues to attract significant Foreign Direct Investment (FDI). ▪ The number of Foreign-Owned Companies in Berkshire continued to climb, to c.1,300 by early 2019: ▪ Whilst constituting just 3% of all local businesses in 2019, they generated 30% of local employment and 53% of local turnover. ▪ The proportion of workers aged 50+ engaged by enterprises in Berkshire increased from 25% to 32% between 2009 and 2019. The proportion of non-UK nationals averaged 16% across 2019. ▪ Extensive urban regeneration and the much anticipated arrival of Crossrail – in addition to the recently opened Elizabeth Line - add to Berkshire’s locational strengths ▪ Recent announcements of investment in Berkshire by leading firms (such as Sanofi and Virgin Media) suggest long-term optimism for the performance of Berkshire’s businesses

5 Note: the terms ‘Thames Valley Berkshire’ and ‘Berkshire’ are used interchangeably within the report and refer to the same geographic area. GVA OVERVIEW THAMES VALLEY BERKSHIRE: TOTAL GVA, GVA PER JOB FILLED AND GVA

PER HOUR Nominal (unsmoothed) GVA per filled job (£'s) 85,000 79,216 80,000 75,000 Berkshire’s GVA 78,548 Berkshire’s GVA growth 70,000 66,692 per filled job is 65,000 approximately (chained value measures, 2016 prices) 65,682 60,000 56,387 £22,800 (40%) 45,000 42,461 GVA (£'s) 40,527 41,184 41,663 55,000 above the UK 38,116 38,969 39,080 40,000 36,793 50,000 45,895 figure and second 35,458 34,443 45,000 35,000 only to London by 40,000 LEP 30,000 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

25,000 United Kingdom Thames Valley Berkshire London 20,000 Nominal (unsmoothed) GVA per hour worked

15,000 (£'s) TVB TVB GVA (£ millions) 10,000 50.0 45.0 Berkshire is ranked 5,000 st 40.0 1 by the GVA per 0 35.0 hour worked (£’s) 35.0 2018 Index for

GVA (£'s) GVA 30.0 29.1 LEPs – above 25.0 London 20.0 7 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Source: Regional gross value added (balanced) by industry: city and enterprise regions, ONS, Dec 2019 United Kingdom Thames Valley Berkshire London NUMBER AND SIZE OF BUSINESSES BERKSHIRE BUSINESSES BY SIZE

There are 106,220** businesses in Berkshire, of which 45,405 (43%) 45,405 registered businesses are registered for VAT and/or PAYE. (registered for VAT or PAYE) Of which… The number of registered businesses in Berkshire grew by an average annual growth rate of 3.5% between 2010 and 2019. 260 large The vast majority (90%) of registered businesses in Berkshire are micro 4,250 mid-sized (more than 250 (0-4 employees) or small (5-9 employee enterprises).*** (10-249 employees) employees) In contrast, less than 1% of businesses employ more than 250 people, however these large firms generate:

4,055 small 36,835 micro • 61% of local employment (5-9 employees) (0-4 employees) • 68% of Berkshire’s aggregate turnover Since 2010 there’s been an 18% increase in the number of large firms.

60,815 unregistered business* (self-employed, operating below VAT/PAYE thresholds) *estimated using Business Population Estimates data for the South East **not all registered and unregistered businesses will be currently ‘active’ ***definitions vary slightly from those conventionally used in order to illustrate the dominance of firms with 0-4 employees 9 Sources: UK Business Count, 2019, Office for National Statistics Business Population Estimates, Department for Business, Energy and Industrial Strategy, 2019 NUMBER OF REGISTERED BUSINESSES

Number of registered businesses in Berkshire, by size and year

50,000 The total number of registered businesses in Berkshire 45,000 increased steadily between 2011 and 2017 and plateaued 40,000 between 2017 and 2018 before increasing again slightly 35,000 in 2019. 30,000 Since 2010, in Berkshire, there has been: 25,000 20,000  A 37%* increase in the number of micro firms** 15,000 10,000  A 18% increase in the number of mid-size firms 5,000  An 18% increase in the number of large firms 0 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019  A 6% increase in the number of small firms. Micro (0-4) Small (5-9) Mid-Sized (10-249) Large (250+)

*it is likely that some of this increase is a result of administrative and data collection changes made by HMRC (2013-2014) and ONS (2015) **definitions vary slightly from those conventionally used in order to illustrate the dominance of firms with 0-4 employees 10

Source: UK Business Count, 2019, Office for National Statistics Number of registered businesses by unitary authority area (2019)

NUMBER OF 12,000 REGISTERED BUSINESSES 10,000 9,575 Within Berkshire, the Royal Borough of 8,875 8,865 Windsor & Maidenhead unitary authority area has the largest number of 8,000 registered businesses, followed by West 7,045 Berkshire and Wokingham who have 6,380 similar amounts. 6,000 West Berkshire is the only unitary 4,665 authority whose number of registered businesses has gone down since 2018 4,000 (8,875 from 8,925). Reading has slightly more registered businesses than Slough, but numbers 2,000 are similar. Bracknell Forest has by far the fewest registered businesses of the six unitary 0 authority areas. Bracknell Forest Reading Slough West Berkshire Windsor and Wokingham Maidenhead 11

Source: UK Business Count, 2019, Office for National Statistics NUMBER OF REGISTERED BUSINESSES

Average annual growth rate in number of registered businesses by unitary authority area (2010 to 2019)

Bracknell Forest 2.5% The number of registered businesses in Berkshire grew by an average annual growth rate of 3.5% between 2010 and Reading 4.5% 2019.

Slough 8.2% Slough experienced the greatest average annual growth in registered businesses and West Berkshire the slowest growth Thames Valley Berkshire 3.5% over this period.

West Berkshire 1.8%

Windsor and Maidenhead 2.6%

Wokingham 3.6%

0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% 9.0%

Source: UK Business Count, 2019, Office for National Statistics BUSINESS BIRTHS AND DEATHS

Birth and death rates of Berkshire businesses (2013 to 2018)

16.0% 14.8% Berkshire business ‘birth’ rates fell between 2015 and 2017 15.0% 14.2% 14.0% 13.7% but plateaued in 2018 at 12.1%, whilst business ‘death’ rates 14.0% have fallen slightly from 2017 to 2018. 13.0% 12.1% 12.1% 12.0% The gap between business birth and death rates was narrowest in 2017 but widened again slightly in 2018. 11.0% 10.4% 10.6% 11.2% 9.6% 9.8% 10.0% 9.2% The Office for National Statistics suggests that uncertainty 9.0% relating to the UK’s future relationship with the EU, and the

8.0% depreciation of sterling following the EU referendum result, may have influenced recent business birth and death rates. 7.0%

6.0% 2013 2014 2015 2016 2017 2018

Births Deaths

13 Source: Business Demography UK: 2018, Office for National Statistics BUSINESS SURVIVAL

Business survival rates Business survival rates are slightly higher in Thames Valley Berkshire than the national average with 42.9% of TVB firms 70.0% ‘born’ in Berkshire in 2013 surviving for at least five years, 62.3% 59.9% 60.2% 58.7% 58.9% 60.0% 56.8% 56.7% 55.2% compared to 42.5% nationally.

50.0% 45.5% 46.6% Within Berkshire, 5-year survival rates for firms born in 2013 43.1% 42.9% 42.5% 40.5% 40.7% 39.5% 40.0% were highest in Wokingham and lowest in Slough although it’s worth noting that Reading saw a 3.1% drop from last year’s 30.0% analysis. 20.0%

10.0% The pattern is similar for firms born in 2015 and surviving for at least 3-years. For these firms, those based in Wokingham 0.0% Bracknell Reading Slough West Windsor and Wokingham TVB England again have the highest survival rates, whilst those based in Forest Berkshire Maidenhead Slough and Reading are least likely to have survived. Born in 2013 (5-year survival rate) Born in 2015 (3-year survival rate) Reading in particular has seen a significant drop in survival rates from 64.7% for last year’s born in 2014 (3-year survival rate) to 56.8% in this year’s born in 2015 (3-year survival

rate). 14

Source: Business Demography 2018, Office for National Statistics KEY SECTORS THAMES VALLEY BERKSHIRE: GVA BY SECTOR 2018 (PROVISIONAL)

30.0% Digital Tech 24.6% 25.0%

20.0%

15.0%

7.0% 10.0%

5.0%

0.0% Info & Comms Wholesale / Prof, Scientific & Real Estate Manufacturing Admin & Utilities Human Health & Construction Education Transport & Finance & other sectors Retail Technical Activities Support Social Work Storage Insurance Services

Thames Valley Berkshire UK 16

Regional gross value added (balanced) by industry: city and enterprise regions, ONS, Dec 2019 (table B2) NUMBER OF REGISTERED BUSINESSES BY INDUSTRY

22% Professional, scientific & technical 18% 18% Information & communication 9% Analysing data using Standard Industrial Construction Classification (SIC) codes enables a comparison to Business administration & support services be made between the structure of the economies Arts, entertainment, recreation & other services Retail of Berkshire and England as a whole. Transport & storage Over a fifth of Berkshire firms operate in the Wholesale ‘professional, scientific and technical’ industry and Manufacturing just under a fifth in the ‘information and Accommodation & food services Health communication’ industry. Property Berkshire has a higher concentration of firms in Motor trades both of these sectors than the national average. Financial & insurance Education Agriculture, forestry & fishing Mining, quarrying & utilities Public administration & defence

0% 5% 10% 15% 20% 25% 17 Thames Valley Berkshire UK Source: UK Business Count, 2019, Office for National Statistics SECTOR SPECIALISMS

Using a variety of data and intelligence, Thames Valley Berkshire LEP has identified sector specialisms (in terms of either clusters of business activity or research expertise). These are mapped on the following page.

For three of theses sectors: digital tech, life sciences & healthcare, and energy & environment, the LEP has produced Sector Propositions. These showcase the competitive advantages of being located in Berkshire to prospective inward investors and can be downloaded at https://www.tvbintelligence.co.uk/business-environment

The Digital Tech sector corresponds to the ‘Information and Communication’ Industry on the previous page.

The Energy and Environment The Life Sciences and Health sector falls under ‘Mining, sector falls under ‘Professional, Quarrying & Utilities’, ‘Agriculture, 18 Scientific & Technical’, ‘Wholesale’, Forestry & Fishing’, ‘Professional, ‘Manufacturing’ and ‘Health’. Scientific & Technical’. 18 Key clusters (illustrative)

Lifesciences & healthcare Data centres Horseracing Professional Energy & services Logistics environment Tourism

Automotive Defence

Logistics Digital tech

M4 corridor 19

19 INTERNATIONAL ECONOMY INTERNATIONAL ECONOMY

Foreign Owned Companies: contribution to employment and turnover Berkshire has the highest concentration of Foreign Owned Companies of all LEP areas. 60% 53% Berkshire has achieved strong Foreign Direct Investment 50% figures in recent years, leading to an increase in the number 44% 40% of Foreign Owned Companies, from 945 in 2010 to 1,295 in 40% 36% 2019. 30% 30% 25% Whilst Berkshire’s Foreign Owned Companies only represented 3% of all local businesses in 2019, they 20% 16% 13% generated 30% of local employment and 53% of local

10% turnover. 3% 3% 1% 1% Since 2010, the proportion of local jobs in Foreign Owned 0% Enterprises Employment Turnover Enterprises Employment Turnover Companies has increased from 25% to 30%. Slough has the (£'000s) (£'000s) greatest proportion of employment in EU owned firms and 2010 2019 Bracknell in ‘rest of the world’ owned firms (details on the TVB UK following page).

Source: ONS, February 2020 EU REST OF WORLD INTERNATIONAL % of % of % of Turnover ECONOMY % of Turnover Employment in (£'000s) in Employment in (£'000s) in 'Rest of World' 'Rest of Enterprises EU firms EU firms Enterprises firms World' firms

Slough has the greatest proportion of Bracknell 40 8% 10% 130 45% 69% Forest employment and turnover in EU owned firms. Reading 80 4% 8% 140 14% 30%

Bracknell Forest has the largest Slough 80 20% 31% 145 19% 45% proportion from ‘rest of the world’ owned firm. West 75 6% 11% 130 16% 17% Berkshire

Windsor & 90 6% 6% 165 15% 26% Maidenhead

Wokingham 60 3% 7% 160 38% 58%

TVB 425 7% 14% 870 23% 39%

UK 14,685 6% 12% 23,155 10% 28%

Source: ONS, February 2020 Some examples of foreign owned firms operating in Berkshire provided above FOREIGN OWNED COMPANIES WITH SIGNIFICANT OPERATIONS IN BERKSHIRE

Company Activity in Berkshire Employees in Location in Berkshire Berkshire Microsoft UK HQ 3,000 Wokingham Borough (Thames Valley Park) Telefonica O2 UK HQ 2,500 Slough Oracle Corporation UK HQ 2,000 Wokingham Borough (Thames Valley Park) Fujitsu EHQ & R&D 1,600 Bracknell Forest HPE EHQ Circa. 1,000 Bracknell Forest Verizon HQ 1,250 Reading Mars EHQ, R&D and Manufacturing 1,200 Slough Covance R&D 1,160 Windsor & Maidenhead Hutchison 3G (Three Network) EHQ & R&D 1,000 Reading / Maidenhead Syngenta R&D 850 Bracknell Forest AkzoNobel HQ 750 Slough UCB HQ, R&D and Manufacturing 740 Slough Adobe EHQ & R&D 700 Windsor & Maidenhead Huawei HQ 700 Wokingham Borough Compiled by Thames Valley Berkshire LEP using available local data 23

Note: employees are increasingly working remotely (at home or at other sites) so in some cases the employee numbers above are much higher than the total number of people on site on an average day FOREIGN DIRECT No. of FDI New jobs successes created INVESTMENT (FDI)

2011/12 46 450 2017/18 was a particularly strong year for Foreign Direct Investment in Berkshire with the Department for 2012/13 56 1,523 International Trade (DIT) and Thames Valley Chamber of Commerce reporting 81 successful FDI projects. 2013/14 44 501 In 2018/19 we saw a drop in successful FDI projects to 55 however the number of new jobs 2014/15 44 1,020 created was maintained at approximately 1,100. 2015/16 67 1,794 The average number of FDI successes per year across the past eight years for Berkshire is 55.5; just 2016/17 51 872 slightly above this year’s figure. Across the wider Thames Valley, Oxfordshire saw a significant drop in 2017/18 81 1,120 successful FDI projects and the number of new jobs created from 2017/18 to 2018/19, whilst 2018/19 55 1,106 Buckinghamshire saw an increase in the number of new jobs created.

Further details available at Thames Valley Inward Investment Results 2018/19 24 FOREIGN DIRECT INVESTMENT Number of projects by type (excluding multi-site projects) in the Thames Valley, 2018/19 Number of FDI projects 2018/19 30 26 Reading 23 25 22 20 Windsor & Maidenhead 12 20 Bracknell Forest 5 15 Slough 4 10 10 West Berkshire 3 7 Wokingham 3 5 4 4 2 1 1 0 0 Other (including multi-site) 5 0 Expansion Mergers & Acquisitions New Investments Capital Only

Within Berkshire, Reading attracted the greatest number Berkshire Buckinghamshire Oxfordshire of FDI projects in 2018/19, followed by Windsor &

Maidenhead. 25

Further details available at Thames Valley Inward Investment Results 2018/19 FOREIGN DIRECT INVESTMENT

Key Sectors Number of FDI projects Type of Investment % of 2018/19 2018/19 Investment for FDI Software and Computer projects Services 15 Expansions 40% Electronics and M&A (Mergers and Communications 8 Acquisitions) 6% Advanced Engineering and Supply Chain 5 New Investment 54% Biotechnology and Pharmaceuticals 5

From the 55 FDI successes in Berkshire in 2018/19 Over half of the investment for these projects come ‘software and computer services’ and ‘electronics from new investment whilst only 6% comes from M&A. and communications’ are the key sectors that dominate these projects.

Further details available at Department for International 26 Trade inward investment results 2018 to 2019 “THE THAMES VALLEY IS A TRIED AND TESTED DESTINATION FOR FDI. PART OF OUR ROLE IS TO ENSURE WE REMAIN ONE OF THE UK’S AND INDEED, EUROPE’S, MOST SUCCESSFUL REGIONS. OVERALL, WE ARE SEEING ENCOURAGING TRENDS AROUND THE VALUE OF FDI ACROSS A NUMBER OF SECTORS, MOST NOTABLY LIFE SCIENCES & HEALTHCARE AND SOFTWARE & COMPUTER SERVICES.

WITH 70% OF INTERNATIONAL COMPANIES SETTING UP IN THE UK FOR THE FIRST TIME LOCATING WITHIN ONE HOUR OF HEATHROW AIRPORT, WE WILL CONTINUE PUSHING GOVERNMENT FOR THE DELIVERY OF MAJOR INFRASTRUCTURE PROJECTS, SUCH AS THE WESTERN RAIL LINK TO HEATHROW AND A THIRD RUNWAY AT LONDON HEATHROW.”

PAUL BRITTON, CEO, THAMES VALLEY CHAMBER OF COMMERCE INTERNATIONAL TRADE

Trade of goods (£m) by LEP area (2018)

10,000 9,492 The value of goods that Berkshire firms import from the EU is 9,000 considerably higher than in the neighbouring areas of 8,000 Buckinghamshire and Oxfordshire. Berkshire firms also import a

7,000 greater value of goods from non-EU countries, although to a

6,000 lesser extent. 5,000 4,550 The value of goods that Berkshire firms export to both EU and 4,000 3,472 3,382 non-EU countries is also noticeably greater than either 3,015 2,874 3,000 Oxfordshire or Buckinghamshire firms. 1,757 1,820 1,845 2,000 1,477 889 928 1,000

- EU Non-EU EU Non-EU Exports (£m) Imports (£m)

Berkshire Buckinghamshire Oxfordshire 28

Source: HMRC, 2019 INTERNATIONAL TRADE

Number of firms importing goods from, and exporting to, non-EU countries by parliamentary constituency

200 180 173 As of January 2018, 698 Berkshire firms were exporting to 160 non-EU countries and 995 firms were importing from non-EU 160 143 136 140 128 counties. 118 120 112 101 95 100 88 86 86 Newbury had the greatest number of firms exporting and 80 78 80 importing to non-EU countries. Slough had the second 55 54 60 greatest number of importing firms and Windsor had the 40 second greatest number of exporting firms. 20 0 Bracknell Maidenhead Newbury Reading Reading Slough Windsor Wokingham East West

Number of firms exporting Number of firms importing

Note: Data by Parliamentary constituency was all that was available; data by local authority was not Source: HMRC, 2018 LARGE COMPANIES Name Employees (local Location estimate)

NHS 16,500 Various

Six Unitary Authorities 9,300 Various

Vodafone 5,000 Newbury and Bracknell

AWE 4,500 Aldermaston and (Burghfield)

University of Reading 4,000 Reading

Waitrose (HQ and 3,400 Bracknell distribution centre) BERKSHIRE’S LARGEST Microsoft 3,000 Wokingham (Thames Valley Park) EMPLOYERS* Telefonica O2 2,500 Slough

GlaxoSmithKline 2,000 Maidenhead and Slough

Merlin (Legoland) 2,000 Windsor

Oracle 2,000 Wokingham (Thames Valley Park)

Royal Mail 2,000 Slough

SSE 2,000 Reading

Fujitsu 1,600 Bracknell

Virgin Media 1,500 Reading (Green Park)

*Where local employee data is available 31 BERKSHIRE-BASED FTSE 100 COMPANIES

Location Sector Centrica Windsor Gas, Water & Multi-utilities Ferguson plc Wokingham Support Services GlaxoSmithKline Maidenhead and Slough Pharmaceuticals & Biotechnology Johnson Matthey Reading Chemicals Micro Focus Newbury Software & Computer Services National Grid plc Wokingham Gas, Water & Multi-utilities Prudential plc Reading Life Insurance Reckitt Benckiser Slough Household Goods & Home Construction Sage Group Reading and Winnersh Software & Computer Services Segro Slough Real Estate Investment Trusts SSE plc Reading Gas, Electricity & Multi-utilities Vodafone Group Newbury and Bracknell Mobile Telecommunications

32 HIGH GROWTH FIRMS AND SCALE-UPS 685 firms in Berkshire are classified as ‘scale-ups’*, of which 565 are turnover scale-ups, 260 are employment scale- ups and 140 scaled both their employees and turnover

685 scale-ups Of these, 70 are ‘visible’, in that we can

(2014-2017 IDBR data, ONS, identify who they are via the data they cited in ScaleUp Review 2019 ScaleUp Institute) submit to Companies House

These 70 are part of a wider cohort of 70 visible scale-ups (firms being tracked 387 high-growth or high growth by Beauhurst in Dec 2019 and meeting potential companies we can identify OECD definition) using data supplied by Beauhurst**

*using the OECD definition of: firms with at least 10 employees, with 20% average annual growth in either turnover or employees over a three-year period. Note: IDBR stands for Inter-Departmental Business Register 387 UK-owned, non-listed, high growth and high growth potential firms **www.beauhurst. com (all firms being tracked by Beauhurst, Dec 2019) 34 SCALE-UPS Number of companies that have scaled-up (employment measure) and the percentage* by LEP and year

300 7.0% In 2018 there were 270 scale-up companies in Berkshire, based purely on employee growth (20% average annual 6.0% 6.0% 250 growth in employees). This equated to 6.0% of companies 5.4% 5.0% 5.0% with at least 10 employees. The number of companies in TVB 200 has increased gradually over the last four years from 215 in 4.0% 150 2015 to 270 in 2018. 3.0% Berkshire has more scale-up companies (using the employee 100 2.0% growth measure) than neighbouring LEP areas Oxfordshire and 50 1.0% Buckinghamshire.

0 0.0% 2010 2011 2012 2013 2014 2015 2016 2017 2018

Thames Valley Berkshire Number Oxfordshire Number Buckinghamshire Thames Valley Number Thames Valley Berkshire % Oxfordshire % Buckinghamshire Thames Valley %

* The percentage of companies within the LEP area with 10 or more employees that are scale-up companies. Source: Business Demography, UK, ONS and UK Business Count, 2019, ONS HIGH GROWTH / HIGH GROWTH POTENTIAL FIRMS

Although all unitary authorities have seen an increase in high growth or high growth potential firms in the past year, some have seen a greater increase than others; West Berkshire, Windsor & Maidenhead and Wokingham with particularly noticeably increases whilst Reading maintained its high standing.

Conversely, Bracknell Forest followed by Slough have the least number of high growth / high growth potential firms.

36 Source: Tracked Seed, Venture, Growth and Established Companies by Unitary Authority, Beauhurst, December 2019 HIGH GROWTH / HIGH GROWTH POTENTIAL FIRMS High growth / high growth potential firms as a proportion of all active firms

Reading 1.01% Reading has the highest concentration of high growth/high growth potential firms (as a proportion of West Berkshire 0.97% all active firms), followed by West Berkshire and Windsor & Maidenhead. Windsor and Maidenhead 0.85% Slough has the lowest concentration of high growth /

TVB 0.84% high growth potential firms.

Wokingham 0.81%

Bracknell Forest 0.73%

Slough 0.58%

0.00% 0.20% 0.40% 0.60% 0.80% 1.00% 1.20%

Source: Beauhurst, December 2019 and UK Business Count, 2019, Office for National Statistics KEY SECTORS IN WHICH BERKSHIRE’S HIGH GROWTH FIRMS OPERATE

Software-as-a- Food and drink Internet platform Mobile apps service processors

Recruitment agencies Analytics, insight, Security services IT consultancy and personnel supply tools (physical and virtual) services services

Property/Land Business, banking and development and E-commerce IT Support Services financial services Construction

38 Source: Beauhurst, December 2019 TOP FUNDERS OF BERKSHIRE’S HIGH GROWTH / HIGH GROWTH POTENTIAL FIRMS (RANKED BY NUMBER OF FUNDRAISINGS)

Thames Valley Berkshire Growth Fund (9 fundraisings)

Thames Valley Berkshire Expansion Loan Scheme (9 fundraisings)

Crowdcube (9 fundraisings)

Seedrs (6 fundraisings)

Octopus Ventures (5 fundraisings)

39 Source: Beauhurst, February 2020 Data for November 2014 – February 2020 ACCELERATORS ATTENDED BY BERKSHIRE’S HIGH GROWTH / HIGH GROWTH POTENTIAL FIRMS*

Accelerator Location Accelerator Location

BBC Worldwide Labs London (Westminster) MassChallenge UK London (City of London) Bethnal Green Ventures London (Tower Hamlets) Microsoft ScaleUp (London) London (City of London) Business Growth Programme London (Southwark) Pi Labs London (Camden) Cognicity Challenge United Kingdom PwC Scale Programmes London (Southwark) DigitalHealth.London Accelerator London (Southwark) Tech Nation Cyber London (City of London) ELITE London (City of London) The Young Academy London (Tower Hamlets) Entrepreneur Accelerator East of Scotland (City of Edinburgh) TrueStart London (Westminster) Entrepreneurial Spark London (Islington) UK Accelerator Programme London (Southwark) Growth Builder London (Westminster) Wayra UK Call London (Westminster) HAX United States

*only includes firms and accelerators tracked by Beauhurst. Source: Beauhurst, January 2020 BRACKNELL FOREST FIRMS ON HIGH GROWTH LISTS* (SEE ANNEX) All active companies on any of the high growth lists seen in the annex that are established, venture, growth or seed businesses.

41 Source: Beauhurst, January 2020 READING FIRMS ON HIGH GROWTH LISTS

Source: Beauhurst, January 2020 SLOUGH FIRMS ON HIGH GROWTH LISTS

Source: Beauhurst, January 2020 43 WEST BERKSHIRE FIRMS ON HIGH GROWTH LISTS

Source: Beauhurst, January 2020 WINDSOR & MAIDENHEAD FIRMS ON HIGH GROWTH LISTS

Source: Beauhurst, January 2020 WOKINGHAM FIRMS ON HIGH GROWTH LISTS

Source: Beauhurst, January 2020 46 INNOVATION CENTRES OF EXCELLENCE CENTRES OF EXCELLENCE Firms undertaking significant R&D activity in Berkshire:  Gillette (P&G)  Mars  Costain  Johnson & Johnson  Vodafone (5G)  Thales  Hanovia (UV technology)  Syngenta  AWE

Key Centres of Excellence:

 European Centre for Medium-Range Weather  StoryFutures (AR/VR Forecasting Creative Cluster)  Thatcham Research (Car  National Foundation for Safety Research) Educational Research  TRL (Transport Research)  Rutherford Cancer Centre  BSRIA (Engineering) (Proton Beam Therapy)

 Deloitte Cyber Intelligence  Centre for Integrative Centre Neuroscience and Neurodynamics (CINN) 48  EIT Food, at the University of Reading UNIVERSITY OF READING: RESEARCH THEMES

Working with key partners in Developing a multi-sensory Bringing researchers, a Using a multi-disciplinary the aviation sector to marketing approach for a UK theatre company, and a approach to understand the embed research that leading baby food brand technology firm together to economic impact of the accurately forecasts company as well as working explore social media Dubai metro, commissioned aviation turbulence directly with stroke patients technologies in immersive by the Dubai Roads and to develop a new innovative performance Transport Authority therapy, taking rehabilitation therapies to a new level

49 UNIVERSITY OF READING: INNOVATION AND IMPACT CENTRES

Using data from the entire food Supporting a step change in research Agrimetrics system to provide significant capability by bringing together some of Thames Valley Clinical improvements to food markets the very best clinical researchers, Trials Unit (TVCTU) facilities and infrastructure. Reducing food waste in TVSP is a science park with international EIT Food & Europe and delivering better health through integrated appeal that builds a cluster of high- Thames Valley IFNH* research growth-potential companies and a Science Park (TVSP) community of innovation Seeks opportunities for businesses The University is advancing innovations to access the University of European Centre for Knowledge Reading’s research and resources in weather, climate, earth observation Transfer Centre in order to boost innovation in and data assimilation science through a Medium Range Weather industry. 40-year partnership with ECMWF. Forecasts (ECMWF) Closing the gap between science Using research to help practicing Institute for and industry in five main sectors: managers, corporate partners, programme Environmental agri-food, insurance, the built members and students manage more Henley Business environment & infrastructure, effectively so that they can impact the School Centres Analytics logistics & transport, and utilities organisations they work in.

*European Institute of Innovation & Technology for Food and the Institute for of Food and Nutritional Health TOP 10 ‘LIVE’ INNOVATE UK PROJECTS IN BERKSHIRE BY SIZE OF GRANT

Grant Project Title Sector Participant Name Since 2001, Innovate UK has provided Offered (£) over £91m of funding to 272 Manufacturing, Materials & Smart Mobility Living Lab: TRL LIMITED £4,931,234 Mobility companies in Berkshire, undertaking 651 Identification & Validation of Correlate of Protection Ageing Society, Health & projects. In terms of the overall number Themis Bioscience GmbH £3,000,000 for a Chikungunya Vaccine Nutrition of projects receiving funding, Thames Manufacturing, Materials & UK Central CAV Testbed (Midlands Future Mobility) Costain Limited £1,569,166 th Mobility Valley Berkshire is ranked 20 out of 38 Manufacturing, Materials & LEP areas. U-CAIR UK ATI Cabin Air Honeywell UK Ltd £1,430,425 Mobility SOUTHERN ELECTRIC Clean Growth & In terms of amount of funding received Project LEO (Local Energy Oxfordshire) POWER DISTRIBUTION £1,215,869 Infrastructure across these projects Thames Valley PLC th Manufacturing, Materials & Berkshire is ranked 24 out of 38 LEP StreetWise TRL LIMITED £812,268 Mobility areas. Manufacturing, Materials & HumanDrive HITACHI EUROPE LIMITED £748,990 Mobility Manufacturing, Materials & Midlands Future Mobility: Rural and Interurban Costain Limited £596,977 Mobility ENABLING BUILD OF DIGITAL HEALTH APPS AGAINST Ageing Society, Health & MIOTIFY LTD £555,071 REGULATORY STANDARDS FOR MEDICAL USE Nutrition Disruptive antibody purification process employing Open & Commercialisation Celltech R&D Limited £523,287 novel inexpensive chromatography materials

Data extracted from Innovate UK website in Jan 2020. Local 51 authority and LEP data available via ‘advanced search’ at Innovate UK Map of Funded Projects ‘LIVE’ INNOVATE UK PROJECTS IN BERKSHIRE BY INNOVATE UK PRODUCT TYPE

Data extracted from Innovate UK website - Innovate UK funded projects 2004 to 1st January 2020 ‘LIVE’ INNOVATE UK PROJECTS IN BERKSHIRE BY INNOVATE UK SECTOR

Data extracted from Innovate UK website - Innovate UK funded projects 2004 to 1st January 2020 BUSINESS SUPPORT ECOSYSTEM LOCAL BUSINESS SUPPORT ECOSYSTEM ADVICE AND KNOWLEDGE EXCHANGE (INDICATION OF LOCAL SERVICES AND ACTIVITIES)

Pre start-up Start-up Scale-up Mature

Berkshire Business Growth Hub (BGH) BGH - Pre-Accelerator Programme BGH - High Growth Programme BGH – ScaleUp Berkshire

Tech Nation Thames Valley Berkshire Science Park

Henley Business School

Local authority support accessed though the Business Growth Hub

Professional service firms accessed though the Business Growth Hub

Business membership organisations accessed though the Business Growth Hub

International Trade Service

MeetUps and networking events

ConnectTVT tech innovation events

Innovate UK

University of Reading - Knowledge Transfer Centre 55 Co-working and incubation spaces

Access to Finance accessed though the Business Growth Hub: TVB Funding Escalator; Thames Valley Investment Network; Henley Business Angels; British Business Bank About ACCESS TO FINANCE TVB Funding Escalator Thames Valley Berkshire LEP created a funding escalator of loans and equity across three funding initiatives managed by The FSE Group. FSE fund managers offer guidance and support during the In addition to national funding application process and further help after the loan opportunities, local sources of funding or investment is made for certain types of businesses (some of which is restricted to Thames Valley Berkshire based firms) are listed here. Thames Valley Part of the OION Ltd group of angel networks, Investment Network TVIN works with entrepreneurs and companies More details on these and national that are looking to raise finance by connecting opportunities are available from the them with highly active potential investors Berkshire Business Growth Hub and the British Business Bank Henley Business A network of experienced business leaders, Angels successful entrepreneurs and investors. Its aim is to facilitate opportunities for members to invest in and mentor (S)EIS registered early stage businesses launched by entrepreneurs who graduated from or are connected with the Henley Business School and University of Reading

56 LOCAL BUSINESS SUPPORT ECOSYSTEM

57 "‘THE UNIVERSITY OF READING IS PRIVILEGED TO BE LOCATED AND ENGAGE WITH SUCH A VIBRANT BUSINESS ECOSYSTEM THAT SUPPORTS THE INDIVIDUAL ENTREPRENEUR TO THE LARGE, INTERNATIONAL CORPORATE.’ “ SUSAN MATOS, DIRECTOR KNOWLEDGE TRANSFER CENTRE, UNIVERSITY OF READING

58 CONNECTIVITY BERKSHIRE TRANSPORT LINKS

Airport Connections Train Connections Driving Connections Route Car Train Route Duration Reading to 48 mins 1 hr Reading to London Heathrow Airport 22 mins Paddington Reading to Gatwick 1 hr 30 1 hr Reading to Birmingham Airport mins 20 mins 1 hr 33 mins Major motorway (M4) run horizontally through the Thames Valley Berkshire. Reading to 2 hrs 5 1 hr Reading to Manchester 3 hrs 0 mins Ease of access to M3 (South East), M5 Stanstead Airport mins 45 mins (West) and M25 (London Circular) Reading to Luton 1 hr 30 1 hrs Reading to Leeds 3 hrs 13 mins Top 10: Small Top 10: Micro European Airport mins 30 mins European Cities of Cities of the Future Reading to Cardiff Reading to Bristol 1 hr 30 1 hr 1 hr 27 mins the Future (connectivity)* (connectivity)* Airport mins 46 mins Reading Bristol 1. Slough 1. Windsor Reading to 1 hr 9 mins 7. Reading 2. Maidenhead Southampton 55 mins 48 mins Reading to Edinburgh Airport 5 hrs 25 mins 9. Bracknell 60

*Source: fDi’s European Cities and Regions of the Future 2020/21 – Winners MAJOR BUSINESS PARKS GREEN PARK, SLOUGH TRADING ESTATE AND THAMES VALLEY PARK

Green Park, Reading Slough Trading Estate, Slough Thames Valley Park, Reading 57 Occupiers 271 Occupiers 18 Occupiers Over 1,000,000 sq ft of new 93 current property vacancies Over 279,000 sq ft available accommodation has been approved with Europe’s largest trading estate in single 22-acre park on bank of the Thames over 230,000 sq ft available by Sept 2020 ownership

62 ARLINGTON, ARLINGTON SQUARE & NEWBURY BUSINESS PARK

Arlington Business Park, Theale Arlington Square Business Park, Bracknell Newbury Business Park, Newbury 81 Active Occupiers 100 Active Occupiers 21 Active Occupiers Over 83,000 sq ft available Over 6,300 sq ft available Over 28,000 sq ft

63 RELOCATIONS BUSINESS RELOCATIONS, OPENINGS AND EXPANSIONS: 2019

Winnersh Triangle Office Campus, Reading

65 BUSINESS RELOCATIONS, OPENINGS AND EXPANSIONS: 2019

From Reading International Business Park, Basingstoke Green Park, Reading Rd Reading From Mulberry Business Park, Fishponds Road Wokingham

From Hook, North Hampshire. From Carrick House Lypiatt Road Cheltenham Gloucestershire

66 BUSINESS RELOCATIONS, OPENINGS AND EXPANSIONS: 2019

From Davidson House, Abbey Gardens, Forbury Reading Square, Reading

From London Street, Reading

From Blenheim Road Marlborough, Wiltshire

Newbury Business Park, Newbury 67 BUSINESS RELOCATIONS, OPENINGS AND EXPANSIONS: 2019

Consolidation of Oxford, Maidenhead and Guildford offices Thames Valley Park, Reading

The Porter Building, Slough

From Maidenhead

68 BUSINESS RELOCATIONS, OPENINGS AND EXPANSIONS: 2019

Who Moving to

Hutchison 3G UK Limited (Three) Reading Edmundson Electrical Reading Page Group The Switch office building in Slough British Museum Shinfield, Wokingham (2023) BMI Thames Tower, Reading Waylands Volvo Dealerships Imperial Way, Reading Reading Local Policing Area (Thames Atlantic House, Reading (early 2021) Valley Police) James Cowper Kreston Greenham Business Park, Newbury IBB Solicitors The Blade, Reading Power Integrations Grove Park, Beechwood, White Waltham, Maidenhead Stash Reading (working with The Curious Lounge)

69 “BEFORE DECIDING ON READING AS OUR SECOND OFFICE LOCATION, WE THOROUGHLY ANALYSED 20 DIFFERENT CITIES ACROSS THE US AND EUROPE TO SCOPE OUT WHERE WOULD BE THE BEST CULTURAL FIT, AND WHICH CITY WOULD SUPPORT OUR GROWING ENGINEERING AND PRODUCT NEEDS. READING, AS AN UP-AND-COMING FINTECH HUB IN THE UK, STOOD OUT TO US AS THE PRIME LOCATION FOR OUR SECOND OFFICE. IT HAS AN INCREDIBLY INNOVATIVE TECH SCENE, WITH AN IMPRESSIVE AND INCREASING ENGINEERING AND PRODUCT TALENT POOL.”

ED ROBINSON PRESIDENT & CO-FOUNDER AT STASH

Source: The Business Magzine, Feb 2020 EMPLOYMENT EMPLOYMENT BY OCCUPATION

6% The proportion (%) of Berkshire employment by Process, Plant and Machine Operatives 4% Occupational Groups compared against Great 7% Sales and Customer Service Britain data 6% Over a quarter (26%) of employment in Berkshire is in the 10% Elementary 8% professional occupational group; greater than the Great Britain figure (21%). 10% Skilled Trades 8% Only 4% of Berkshire employment falls under the 9% Caring, Leisure and Other Service ‘Process, Plant and Machine Operatives’ occupation 9% group. 10% Administrative and Secretarial 11%

11% Managers, Directors and Senior Officials Total TVB Workforce 473,700 12% 359,100 15% Full-Time Associate Prof & Tech 17% Part-Time 114,600 21% Professional 26%

0% 5% 10% 15% 20% 25% 30%

Great Britain TVB Source: Employees Numbers - Annual Population Survey, ONS, Year to Sept 2019 72 Notes: Numbers and % are for those of 16+ % is a proportion of all persons in employment EMPLOYMENT BY INDUSTRY The proportion (%) of Berkshire employment by 0% Mining And Quarrying 0% 1% Industry compared against the national data Electricity, Gas, Steam And Air Conditioning Supply 1% Real Estate 2% 1% ‘Wholesale and Retail Trade; Repair of Motor Vehicles Water Supply; Sewerage, Waste Management And Remediation 1% 1% and Motorcycles’ is Berkshire’s most employed Financial And Insurance 4% 2% industry (16%). 2% Other Service 2% 4% Public Administration And Defence; Compulsory Social Security 2% Berkshire has more than three times the proportion of 3% Arts, Entertainment And Recreation 3% ‘Information and communication’ employment than 5% Construction 4% Great Britain (13% compared to 4%). 5% Transportation And Storage 4% 8% Manufacturing 5% 8% Accommodation And Food Service 6% 9% Education 8% 517,000 13% Total TVB Employee Jobs Human Health And Social Work 9% 9% 365,000 Administrative And Support Service 11% Full-Time Professional, Scientific And Technical 9% 11% Part-Time 152,000 4% Information And Communication 13% 15% Wholesale And Retail Trade; Repair Of Motor Vehicles And Motorcycles 16%

0% 5% 10% 15% 20%

Great Britain Thames Valley Berkshire Source: Employees Numbers - Business Register and Employment Survey, ONS, 2018 73 Notes: % is a proportion of total employee jobs excluding farm-based agriculture. Employee jobs excludes self-employed, government- supported trainees and HM Forces AGE PROFILE OF WORKERS ENGAGED BY BERKSHIRE EMPLOYERS

17,700 (4%)

Year to Sept 2009 277,100 (62%) 112,300 (25%)

36,600 (8%)

14,100 (3%)

Year to Sept 2019 277,100 (58%) 150,600 (32%)

35,300 (7%)

0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 500,000

Age: 16-19 Age: 20-24 Age: 25-49 Age: 50+

Source: Annual Population Survey, ONS (2009-19) WORKFORCE WITH NON-UK NATIONALITY, 2016-18 AND 2019

UK 2016-18 7.1% 3.9% UK 2019 7.3% 4.1% TVB 2016-18 8.9% 5.5% TVB 2019 9.1% 6.9% W. Berks 2016-18 5.4% 2.6% W. Berks 2019 7.5% 3.3% Slough 2016-18 17.2% 10.6% Slough 2019 13.8% 10.5% Reading 2016-18 9.8% 8.9% Reading 2019 12.0% 12.4% Windsor & M'head 2016-18 10.0% 5.0% Windsor & M'head 2019 8.7% 7.0% Bracknell Forest 2016-18 6.6% 4.3% Bracknell Forest 2019 6.5% 2.9% Wokingham 2016-18 4.9% 3.2% Wokingham 2019 5.8% 3.3% 0.0% 5.0% 10.0% 15.0% 20.0% 25.0% 30.0%

EU27 nationality workforce, 2016-18 or 2019 ROW nationality workforce, 2016-18 or 2019

Source: UK, EU27 and RoW nationals in employment and total population in the UK by geography, January 2016 to December 2018, ONS JOBS

Number of online jobs postings in Berkshire by month

18,000 The number of employee jobs in Berkshire increased by 16,000 nearly 3% between 2017 and 2018. 14,000 Job postings for 2019 have gone down 21% from 2018, in 12,000 Berkshire. 10,000 December 2019 is the lowest number of jobs posted in a 8,000 month since we started tracking job postings in Berkshire in 6,000 January 2016. 4,000

2,000

Jul-18 Jul-19

Jan-18 Jan-19

Jun-18 Jun-19

Apr-18 Apr-19

Oct-18 Oct-19

Mar-18 Mar-19

Feb-18 Feb-19

Sep-18 Sep-19

Dec-17 Dec-18 Dec-19

Nov-18 Nov-19

Aug-18 Aug-19

May-18 May-19

Source: Employees Numbers - Business Register and Employment Survey, ONS, 2019 Job Postings - Labour Insight, Burning Glass Technologies, 2019 JOB LOSSES / GROWTH (YEAR TO OCTOBER 2018)

Berkshire companies reporting job growth* Berkshire companies reporting job losses**

 Micro Focus International Plc  Proofpoint Limited • SSE Energy Supply Limited  McAfee Security UK Ltd  HBC Vehicle Services Limited • Micron Europe Limited • QlikTech UK Limited  Suez Recycling and Recovery  Fisco (UK) Limited • Hewlett – Packard Limited • IQVIA Biotech Ltd Holdings UK Ltd  Fisco (Holdings) Limited • Barloworld Holdings Limited • Honeywell UK Limited  Seqirus UK Limited  Glenholme Healthcare Group Limited • SSE Services Plc • Zipcar (UK) Limited  Care UK Health and Rehabilitation  Willis Acorn Limited • Walkers Snacks (Distribution) Limited• Mademoiselle desserts Taunton Services Limited Limited • Logicalis UK Limited  Sash Educations Trust  XPS Pensions Group Plc • Onyx Internet Limited • Veritas Technologies (UK) Limited  Glenhome Healthcare Limited  Zensar Technologies (UK) Limited • Clintec International Ltd • Advanced Business Software and   Xeretec Office Systems Limited The Keys Academy Trust Solutions Limited • DEBRA   Arleigh Group Limited Hey Habito Ltd • F.M. Insurance Company Limited • The West Yorkshire Community Rehabilitation Company Limited  Newrest-all Limited • Suez Recycling and Recovery Lancashire Ltd

* Top 20 TVB companies with over 100 employees who have experienced the highest growth rates in jobs in the past year (Oct-17 to Oct-18); the most up-to-date data as of 02/02/2020. 77 ** Top 20 TVB companies with over 100 employees who have experienced the highest decline rates in jobs in the past year (Oct-17 to Oct-18); the most up-to-date data as of 02/02/2020. Source: Companies House returns accessed via FAME SUNDAY TIMES BEST COMPANIES TO WORK FOR 2019 (BERKSHIRE FIRMS)

Companies with 50-250 staff Companies with 250-2,000 staff

2019 Headquarters 2019 Headquarters Rank Company Name Business Description Location Staff Rank Company Name Business Description Location Staff 18 Roc Search Recruitment Reading 105 Digital Professional Technical Staffing & 15 AND Digital Services Company Maidenhead 295 32 Austin Fraser Recruitment Consultancy Reading 87 Build-A-Bear Premier Group 70 Workshop Soft Toy Retailer Slough 907 71 Recruitment Recruitment Agency Reading 93 WW GBR Limited A Global Resourcing 81 (Weight Watchers) Wellness Services Maidenhead 1,319 76 BPS World Ltd Partnership Maidenhead 63 Provider of Lane4 Management communications for 78 Group HR Consultancy Maidenhead 193 86 Gamma business Newbury 969 92 The NAV People Software Provider Newbury 124

Companies with 2,000+ staff

2019 Headquarters Rank Company Name Business Description Location Staff 7 Vodafone Ltd Telecommunications Newbury 11,722 Aldermaston and Source: Best Companies Lists: 78 National security support Burghfield, West Best 100 Small Companies 2019 24 AWE to the UK Government Berkshire 5,313 Best 100 Mid Companies 2019 Best 25 Big Companies 2019 LEP INVESTMENT INVESTMENT: Since 2014/15, Thames Valley Berkshire LEP has provided on-going funding to the following business support initiatives: LEP FUNDED  Business Growth Hub - berkshirebusinesshub.co.uk including scaleup.berkshirebusinesshub.co.uk BUSINESS SUPPORT  Thames Valley Berkshire Funding Escalator - thefsegroup.com. This has funded businesses across Berkshire to the tune of £11.3 million and leveraged a further £33 million of private finance. Collectively, as of December 2019, these initiatives have assisted over 1000 businesses and created over 1000 jobs. Case studies of companies assisted can be found on the relevant websites. In addition, the LEP has:  Provided investment via Local Growth Funds to support the skills capital project, The Curious Lounge  Enabled European Regional Development Fund investment for the Thames Valley Science Park  Invested European Social Funds in the Berkshire Apprenticeship Hub  Worked with the Careers and Enterprise Company to develop a network of Enterprise Advisers for schools and colleges

More details can be found within Thames Valley Berkshire LEP’s annual impact report at thamesvalleyberkshire.co.uk/2019-impact-report/ 80 ANNEX HIGH GROWTH LISTS  City A.M. The Leap 100  Fortuna 50  Deloitte Fast 50  FT 1000  Deloitte Fast 500  FT Future 100 UK  Fast Growth 50  LinkedIn Top Startups UK  Fast Track 100  Startups 100  Fast Track International Track 200  The FinTech50  Fast Track Profit Track 100  The Queen’s Award for Innovation  Fast Track SME Export Track 100  The Queen’s Award for International Trade  Fast Track Tech Track 100  1000 Companies to Inspire Britain  Fast Track Top Track 100  Fast Track Top Track 250

82 James Copland Research Assistant [email protected]

Thames Valley Berkshire LEP 100 Longwater Avenue Green Park Reading RG2 6GP