A Guide to Business in Birmingham A Guide to Business in Birmingham | Página 8

A guide to business in Birmingham Food and drink Birmingham has a vast food and drink manufacturing sector, providing 59,000 jobs and £14bn of income (2). The area has particular expertise in confectionery, drinks and food technology and is home to large firms like Muller Dairies, Kraft/Cadbury and Coors. The region is also home to a range of specialist F&D networks, including Heart of England Fine Foods (HEFF) and the Regional Food Academy. The University of Birmingham and Birmingham College of Food have particular expertise in food, providing a wealth of research and expertise. The University College Birmingham often works in conjunction with local food businesses, giving students the chance of work placements or helping to develop new food products and recipes. The college’s Food Innovation Facility is regularly used by small/medium businesses for product and recipe development, taking advantage of a full range kitchen with commercial scale equipment (14). Professional Birmingham has the second largest number of business and financial services graduates outside of London, with the industry generating £23bn of revenue for the region (2). The city has particular skills in accountancy investments, retail and specialist banking services and finance, with firms like Deutsche Bank, KPMG, E&Y and PwC. The area is also a thriving hub for insurance and legal services, employing over 10,000 insurance professionals. The most popular region for professional services firms is a cluster around Birmingham’s city centre and on its western edge, including Colmore Business District, Brindleyplace and Edgbaston. Birmingham is also an international hub for language skills, with the highest frequency of foreign languages spoken of any cit y in the UK (1), creating a prime environment for global business. This chart shows the proportion of employment in knowledge intensive industries for Birmingham, compared to the West Midlands and the UK. Source: birmingham.gov.uk/economy Local Economic Assessment Commercial Property – Industrial Units, Office Space to Rent 8