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Facts

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Business Facts

 

Did you know?

  

  • Slough was named as ‘Britain’s Boomtown’ 
    by the Observer  
  • Slough is home to the highest concentration
    of European headquarters in the UK  
  • Slough is the third most productive town in the UK, contributing approximately £8bn to the National
    economy; double the UK average
  • Slough is home to 4,600 organisations
  • Whatever your career aspirations, Slough is full of opportunity, with 77,000 people employed in the town
    and 500,000 people within a twenty minute radius by car
  • Slough’s first economic assessment (2006) confirmed
    the health of Slough economy and its contribution to both
    the residents of Slough and to UK business
  • Key strengths for Slough include its: 
    • accessibility
    • location
    • skilled workforce
    • access to valuable markets
    • high-quality supply chain
    • competitive and dynamic business environment
  • A renewed focus for Slough will see the borough continue to develop the skills of its workforce and local population and to increase the amount of business
    start-ups

 Key highlights of Slough’s economy: A multiracial bus queue in Slough, Berkshire. Photograph: Karen Robinson

  • 83,000 jobs in total
     
  • 4,600 enterprises
     
  • 70% of 16 to 65 year olds in work – 
    above the national average
     
  • Total turnover of £7.5 billion
     
  • Output of approximately £2.5 billion
     
  • £700 million of output in manufacturing
     
  • 9,000 jobs in manufacturing
     
  • Continued growth in service sector jobs
     
  • Growth sectors include telecommunications, biotechnology, consumer electronics, ICT, auto, business and financial, pharma and healthcare
     
  • Productivity score of 186.65 ranked 3rd in UK outside London (Source Local Future State of the Nation 2006)
     
  • Job based salaries £603 per week, this is above South East and UK average 

 Communications 

  • Not only does Slough have a highly-skilled workforce, but its world-class strategic communication links
    with other cities allow access to a vast base of skilled workers within a 45-minute commute time
  • Future developments of the transport infrastructure are essential to ensure the large volume of people employed at Heathrow (which has risen with the opening on Terminal 5 in 2008) have accessible
    transport systems

Road

  • Slough is based next to the M4 motorway giving easy access to London, Reading and the South West region  
  • It is also closely situated to the M40 providing routes
    to Birmingham
  • In addition to these motorways, the road network is supported by the A355 (north of Slough towards the M40 and Amersham); the A4 (travels the length of Slough to Maidenhead and on to the West); and A412 (to Uxbridge)
  • Solutions to heavy traffic being considered include the 
    widening of Junction 7 to 8/9 or Junction 5 to 8/9
  • Slough also has easy access to the M25 
  • Travel distance to key destinations from Slough: 
    • Heathrow 8 miles / 13km
    • Central London 24 miles / 39 km
    • Reading 23 miles / 37 km
    • Bristol 97 miles / 156 km
    • Birmingham 101 miles / 163 km
    • Dover 85 miles / 136 km 
  • Around 80% of Heathrow Airport’s staff travel to work by road and so the implications for Slough’s road infrastructure are significant
  • Heathrow is only 10 minutes away from the centre of Slough. 
    There is a direct bus service and future plans for more services are being looked at

 

Rail

  • Slough is situated on the mainline link between
    Paddington and the West Country   
  • The town is served by six trains per hour into London – 15 minutes to Paddington, on the First Great Western Link service
  • Fast trains also run from Slough to the West of England and Wales
  • There are two other local stations, at Langley in the East of the borough and Burnham in the West

  

Crossrail 

  • The proposed ‘Crossrail’ service will link Slough to East London and provide direct access to the West End,
    City, Canary Wharf and beyond without  the need to change trains
  • The £15.9 billion Crossrail project will create 118km of state-of-the-art railway between Maidenhead, Slough, west of London and Shenfield and Abbey Wood to the east, en-route linking Heathrow Airport, the West End, the City of London and Canary Wharf
  • Crossrail will bring 1.5 million people within an hour's commute of London's financial and commercial centres, improve access to the UKs principal airport and national rail stations and relieve congestion on London Underground
  • It is expected to deliver a £36 billion economic benefit to the UK as a whole  
  • Detailed design is underway. Enabling and advance construction works have started and the first major construction packages will commence in 2010
  • Crossrail is scheduled for completion in 2017

Western Rail Access to Heathrow

  • Slough Borough Council is a key player in the development of the Western Access to Heathrow Project, which aims to link Heathrow T5 to the Great Western Mainline and provide Slough with a direct rail link to Heathrow.  Passengers travelling to the airport from the Midlands, South and South West of England and South Wales would be able to interchange at Reading for a direct rail service to the airport, rather than needing to do so at London Paddington.

Air 

  • Heathrow Airport is situated just outside of Slough and
    it is estimated that one in 20 residents of Slough are
    employed at the site. It is therefore an important asset
    to the local economy in terms of employment, but also
    for accessibility and communications
  • Heathrow is the world’s busiest international airport with more than 87 million passengers per annum. Heathrow comprises five terminals and two runways which face a high level of demand from passengers
  • Terminal 5 is situated less than eight miles from Slough town centre
  • The close proximity of Heathrow to Slough makes it an internationally accessible location, especially for businesses who may be located in Slough or those who travel to Slough to do business