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Facts and Figures

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Download the City of Newport Investment Prospectus (pdf)
 

Business statistics

  • Newport has been named best city in Wales to start a new business
  • Ranked 2nd in the UK for the largest proportion of high-growth businesses
  • Office space and salary costs are 40% lower than London
  • Staff retention in Newport is higher than the UK average
  • Soaring international profile - hosting the 2010 Ryder Cup and 2014 NATO Summit
  • Home of the new International Convention Centre Wales (ICCW)
  • Over 1.6 million live within one hour’s drive
  • 6,000 jobs created between 2015-17

Connectivity

  • Newport is served by excellent road, rail, sea and air services making it an ideal business and investment location.
  • Drive time from Newport: Cardiff 20 minutes, Bristol 30 minutes, Birmingham 1 hour 30 minutes, London 2 hours
  • Rail links from Newport: Cardiff 15 minutes, Bristol 20 minutes, London 90 minutes, Manchester 2 hours 55 minutes
  • International airports: Cardiff airport 35 minutes, Bristol airport 45 minutes, Heathrow airport 2 hours
  • Newport’s deep-water port handles ships up to 40,000 tonnes
  • Removal of bridge tolls greatly improve road journeys and cut costs
  • Superfast and ultrafast broadband speeds of up to 100 mbps are available in 96% of the city’s business premises
  • Free public Wi-Fi is available throughout the city 

Education

  • 97% of young people are in education, employment or training
  • Award-winning university in the city centre – part of the University of South Wales
  • There are five universities within 30 miles of Newport, including the award-winning city centre campus of the University of South Wales
  • One of the largest further education colleges in Wales 
 
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