Telford's Economy

Telford is hailed as the ‘beating heart of UK investment’ by the UK Department of International Trade and is the fastest growing town in the West Midlands. 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 a skilled workforce of over 600,000 within a 30 minute drive.

Telford has enjoyed particular prominence in the advanced manufacturing, automotive, defence and cyber security and the food and drinks sectors developing business communities in the supply chain. We are proud to boast the presence of global companies established over 20 years in Telford such as Craemer, Hitachi, Capgemini and Ricoh and continue to attract over 600 new businesses 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.

This business strength is fuelled by our Economic Development Strategy, Enterprise Telford. We ensure there is a constant focus to unlock jobs and create growth, making Telford a natural home for investors, innovators and entrepreneurs. 

By providing high quality business support, access to finance, local regulation and inward investment services, our Enterprise Telford initiative makes doing business here easy. This can do attitude to business has resulted in secured record levels of investment and have seen over £1 billion of capital development in the area further improving connectivity and facilities for those who live work and visit our town.

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