The UK Fast Growth 50 Index Releases the First-Ever List of the Fifty Fastest Growing Firms in the South of England
Today, the UK Fast Growth 50 Index released the inaugural list of the fifty fastest growing firms in the South of England. This list highlights the dynamic economic landscape of the region, showcasing the remarkable achievements of businesses in terms of growth, innovation, and job creation.
Economic Strength, Innovation, Talent, and Access to Markets
The South of England is a thriving business environment, providing a combination of economic strength, innovation, talent, and access to markets that make it an attractive destination for business growth and development. From Cornwall to Kent and from Oxford to Southampton, the region offers a conducive environment for businesses to flourish.
Key Highlights of the Fast Growth 50 List for the South of England
The fifty firms on the Fast Growth 50 list collectively generated £1.6 billion in turnover in 2022, employing nearly 6,300 individuals. These companies achieved an average growth rate of 157 percent, increasing their turnover by £977 million between 2020 and 2022. The notable job creation aspect included the addition of 3,153 new jobs over the same period, demonstrating the significant impact of these firms on the region’s workforce.
Diversity and Dynamism of Fast-Growing Businesses in the South of England
Additionally, the Fast Growth 50 list for the South of England highlights the diversity and dynamism of fast-growing businesses in the region, with a focus on sectors such as financial services, consumer products, consumer services, technology, and digital. It challenges the assumption that rapid growth is limited to new businesses, with the average age of a fast-growing firm being fourteen years.
Expert Insights
“The UK Fast Growth 50 Index demonstrates that a small number of fast growth firms make a substantial contribution to the UK’s economic landscape, providing real examples of how innovation, enterprise and sheer hard work can make a real difference in all sectors from construction to financial services to technology.”
Professor Dylan Jones-Evans OBE, Founder Fast Growth 50
“Business owners and entrepreneurs are the engine of our economy, and UBS has a long history advising and connecting them on each stage of their wealth journey, helping them to unlock their potential. Led by entrepreneurial spirit and often solving some of the UK’s biggest issues, the level of talent and innovation uncovered through this year’s list shows that more needs to be done to support small businesses to strengthen local economies and give back to the local community.”
Mark Goddard, Head of UK Regions at UBS Global Wealth Management
SEO-Optimized Content for the 2023 South of England Fast Growth 50 Winners
Fastest Growing Firm in South of England
Fastest Growing Business to Business Services Firm
Fastest Growing Construction and Building Services Firm
Fastest Growing Consumer Products Firm
Fastest Growing Consumer Services Firm
Fastest Growing Digital Firm
Fastest Growing Fashion and Apparel Firm
Fastest Growing Manufacturing and Engineering Firm
Fastest Growing Professional Services Firm
Fastest Growing Retail Services Firm
Fastest Growing Technology Firm
These award-winning firms exemplify the entrepreneurial spirit and economic impact in the South of England.
Furthermore, as the lead sponsor of this year’s Fast Growth 50, UBS looks forward to supporting these businesses as they continue to go from strength to strength.
This year’s Fast Growth 50 list is in partnership with UBS, the world’s leading and truly global wealth manager.