Cheltenham’s advantageous proximity to major urban centres such as Gloucester and Bristol, along with the efficient M5 motorway network, significantly enhances its appeal as a destination for commuters and diverse inward investment opportunities. This connectivity contributes to a robust local economy that is primarily composed of small and medium enterprises (SMEs), which form the backbone of the community.
Current estimates suggest that Cheltenham’s economy is valued at approximately £2.5-£3 billion. However, this figure is projected to grow substantially over the next decade, potentially exceeding £4.5 billion. The town supports more than 70,000 jobs across a wide array of industries, including but not limited to cyber security, aerospace, engineering, professional services, retail and leisure, healthtech, edtech, as well as public administration.
The employment market in Cheltenham is particularly strong, showcasing a diverse range of businesses and enterprises that contribute to its economic vitality. Notably, several high-profile headquarters are located in the area, including the renowned Government Communications Headquarters (GCHQ), the innovative fashion brand Superdry, and the engineering company Spirax-Sarco. Additionally, Cheltenham boasts a remarkable concentration of digital and technology-based firms, with industry giants such as Google, Microsoft, and Apple maintaining a presence in the town.
Cheltenham has developed an exceptionally strong and well-established cyber-tech ecosystem within the region, proudly housing the UK’s largest cyber cluster outside of London. This thriving community not only fosters innovation but also attracts talent and investment, ensuring that Cheltenham remains a key player in the technological landscape of the country.
