Futures is South Yorkshire

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The strength of what Sheffield and Rotherham have to offer inward investors has been highlighted in a new report by The Local Futures Group.

The research and strategy consultancy worked in conjunction with the Municipal Journal to rank all 335 English local authority areas according to key factors important to potential inward investors.

Sheffield was ranked third among the English cities and Rotherham third among English local authorities for their environment and infrastructure.

Factors taken into account include availability of commercial floor space, connectivity, cost base, quality of life, and growth in commercial and industrial floor space

Ann Allen, head of investment and sector growth at Sheffield City Council’s inward investment arm Creative Sheffield, said: “Sheffield City Region is an attractive place for companies to locate, invest and grow by taking advantage of the large skilled workforce. This has been recognised by the continued investment and success of companies who have chosen the city as their home, such as Sky, HSBC, Firth Rixson, Wandisco and Plusnet.”

Tim O’Connell, from Rotherham Council’s regeneration arm, Rotherham Investment & Development Office, added: “We have always known that the Rotherham area comprises a strong offer for potential inward investors, with not only the factors highlighted in this report, but also the expertise of our companies - especially those in the advanced manufacturing and materials sectors - and the availability of high level skills.