Alliance & Leicester: Milton Keynes is costliest place for small businesses
www.moneynews.co.uk > General finance > Alliance & Leicester: Milton Keynes is costliest place for small businesses
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Alliance & Leicester: Milton Keynes is costliest place for small businesses
Thu 29th May 2008
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Rental values, transport prices and labour costs pushed the commuter town to the top of the list.
The bank found that Milton Keynes is the most expensive town to rent retail property space in, at £2,500 per square metre. It is also ranked eighth in the country for average weekly pay.
Cambridge and Oxford came in second and third place, followed by Guildford, Edinburgh, Chelmsford, Reading, Stevenage, Bristol and Manchester.
Steve Jennings, director of business banking at Alliance & Leicester Commercial Bank, said: "The top ten locations all have thriving, successful business communities, which means small and medium-sized enterprises must expect to pay a premium."
Yesterday Direct Line found that watching television's The Apprentice is inspiring many Britons to consider starting their own business.
Related News : General finance |
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Related News : Alliance & Leicester |
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