Local Economy

A dynamic economy

A 2016 report by the LSCC Growth Commission showed that the London - Stansted - Cambridge corridor has the potential to become one of the world's top 'knowledge regions', competing alongside Silicon Valley, Boston’s high-tech / life science cluster, Greater Munich, Øresund in Scandinavia, and emerging regions in Asia.

Bishop's Stortford sits at the heart of the Oxford-Cambridge-London ‘Golden Research Triangle’ which hosts several pockets of excellence - information technology; bioscience, life sciences and pharmaceuticals; creative industries and advanced manufacturing and engineering.

Research by Business Stortford has identified a strong life sciences cluster in Bishop's Stortford. Over 25 life / bio sciences companies have chosen to set up their headquarters, laboratories or offices in and around Bishop's Stortford.

Over 50 international firms are based here, capitalising on the town's location in the heart of the London - Stansted - Cambridge corridor which has easy access to Europe.

Stansted Airport related businesses employ over 10,000 people, including specialist engineering activities such as manufacturing for the aerospace industry.

Bishop's Stortford houses a strong wholesale, retail and trade sector. Specialised stores as well as large national retailers offer approximately 4200 jobs, mainly based in the town centre.

Business Stortford Business Stortford Business Stortford Business Stortford Business Stortford

Clusters in the area

Hertfordshire

Bioscience & Life Sciences

Pharmaceuticals

Specialist Engineering

Creative Industries

Corporate Headquarters

Green Industries & Environmental Consultancies

Professional Services

Banking & Finance

Cambridgeshire

Biotech & Life Sciences

Pharmaceuticals

Hi-tech

Low-carbon

Information & Communication Technologies (ICT)

Business Services

Education & Research

Computer Gaming

Agriculture

West Essex (M11 corridor)

Construction

Agriculture

Business Services

Information & Communication Technologies (ICT)

Electronics

Pharmaceuticals

Advanced Manufacturing

Air & Land Transportation

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