Businesses no longer look to London as the ‘place to be.’ Increasingly, more companies from start-ups to multi-national corporations are looking to relocate their operations to the North East and our region has gained popularity as a ‘northshoring’ destination.
Nearly 19,000 financial, professional and business services companies already call the North East home, which provides a huge and invaluable peer network and supply chain. The region’s strengths lie in business process outsourcing (BPO), back and middle offices, financial, tax and advisory services, legal services and contact centres.
Home to the ‘big four’ consultancy firms, North East England boasts a thriving professional services sector, with a rich ecosystem of legal, accountancy, finance, business and professional services firms.
Companies who have chosen to make the move include include Europe’s largest domestic alarm provider Verisure and online grocery market pioneers Ocado. Find out more below.