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Berkshire’s Cities Score Highly Across Europe

• Reading named as Best European Micro City, and 5th Overall European City; Slough named as Best European Micro City for infrastructure.

Berkshire, 15th February 2012. The Thames Valley Berkshire Local Enterprise Partnership (LEP) is delighted to announce that the region has been awarded several accolades in the European Cities and Regions of the Future 2012/13 Report by fDi (foreign Direct investment) Magazine. Amongst the commendations, Reading has been named as the ‘Micro City of the Future’, a result of its top ranking in the overall micro city category. Slough was ranked as third best European Micro City for quality of life, behind only Luxembourg and Monaco, and named as the best European micro city for infrastructure.

The Thames Valley Chamber of Commerce put forward the submissions on behalf of Reading and Slough to fDi Magazine, part of the Financial Times Group, which carries out the research every two years. Micro cites are defined as having a population of less that 250,000. Data was collected from 253 European cities and 110 European regions across six categories: economic potential, human resources, cost effectiveness, quality of life, infrastructure and business friendliness.

Steve Lamb, Chair of the Thames Valley Berkshire LEP, commented: “This is excellent news for Berkshire, and we are thrilled that fDi Magazine’s research recognises our region’s many benefits for both individuals and businesses. The results support our belief here at the LEP that Berkshire is the best place to live and work, and an attractive place to do business. Its fantastic for Reading and Slough to be commended alongside cites such as London and Paris, and to have performed so well. We are committed to building on successes such as these, by ensuring collaboration for future growth across the whole of Berkshire.”

fDi Magazine’s research found that total foreign direct investment in Europe in 2011 fell by more that 7%; but despite this competitive climate, Reading and Slough have secured their positions as being some of the best places to live and work not only in the UK, but across the whole of Europe. With its ease of access to Heathrow, Slough was further recognised as having the third best overall infrastructure across European cities of any size. The thriving economy and attractiveness to business of the Thames Valley Berkshire region is underlined by its recognition in the Human Resources category where it was ranked as the third best region in all of Europe, highlighting the wealth of talent the region has. Both Reading and Slough were recommended in the most business friendly cities category, coming 3rd and 9th respectively. The South East Region was named as the best large region in Europe, and the 2nd overall in all regions.

For more information please contact Michelle Allison: michelle@c8consulting.co.uk / 01189 00 11 32.
For the full fDi Cites and Regions 2012/13 report, please visit:
http://www.fdiintelligence.com/Locations/Europe/European-Cit...

-ENDS-

About Thames Valley Berkshire Local Enterprise Partnership

TVB LEP is business led and made up of key leaders across the business, education, the voluntary and community sector and six unitary authority areas of: Bracknell Forest, Reading, Slough, West Berkshire, Windsor, and Maidenhead, and Wokingham. For more details of the membership of TVB LEP please visit the website http://www.thamesvalleyberkshire.co.uk. Organisations interested in bidding for funds should contact Deborah Wharton or Richard Tyndall on 01628 796020. You can download a full briefing and FAQs document on Growing Places Fund via the website.

Media Contact:
Michelle Allison
C8 Consulting Ltd
Michelle@c8consulting.co.uk
+44 1189 001132

This press release was distributed by ResponseSource Press Release Wire on behalf of C8 Consulting in the following categories: Business & Finance, for more information visit https://pressreleasewire.responsesource.com/about.