5 Best Cities in The UK for Women to Start a Business

New data from payments provider Dojo, part of the Paymentsense brand, has looked at the best cities for women to start a business.
By analyzing data from the past year, the index has revealed the cities where women should open business and compared this with the top cities to start a business overall.
Dojo analyzed the following criteria to assess which city in the UK has the best working conditions for women to start a business:
- 5-year start-up survival rate
- The % of businesses that survive longer than 5 years
- Cost of living
- The amount of money it costs to live day-to-day
- Average Weekly Pay
- How much the average full-time worker earns
- Female employees
- Number of female employees
- Female business owners
- Number of females that are self-employed
- Gender pay gap
- Where in the UK has the lowest gender pay gap
It turns out York is the best city for women to start a business in the UK.
TOP UK Cities to Start a Business If You're a Woman – RANKED
The full results are as follows:
#1 York, North Yorkshire
⭐ Female bosses: 9.2%
⭐ Women in work: 66.3%
Today York is proudly championing it's female-owned and run businesses, with women-only-networking groups such as 'York Women Mean Business' enabling growth and knowledge sharing across the city. York consistently scored highly in the study as a city with the 3rd highest 5-year start-up survival rate at 47.7% and the 5th highest for female bosses.
Catherine Paver in 1971 established footwear company Pavers, which has over 100 stores.
#2 Wakefield, West Yorkshire
⭐Female bosses: 5.1%
⭐Women in work: 66.2%
Wakefield scored second place in both categories of the best places to start a business as a woman and where to start a business overall meaning this West Yorkshire city is a top choice for both men and women. Like York, the city has several networking opportunities for women, including Wakefield Women's Business Club.
#3 Stoke-on-Trent, Staffordshire
⭐Women in work: 64.3%
⭐Female bosses: 4.7%
Like Wakefield, Stoke-on-Trend was also consistent in its score across both indexes.
Bet365, a hugely successful gambling platform, is based in Stoke and was founded and is run by Denise Coates – the best-paid female executive in the world. Denise was paid £265 million in 2018. For reference, Tim Cook, the CEO of Apple, received £80 million.
#4 Sunderland, Tyne and Wear
⭐Women in work: 66.3%
⭐Female bosses: 4.4%
Although the North East admits that diversity in businesses is lacking, there are several strong female leaders across the North East in companies such as Virgin Money's Jayne-Anne Gadhia and Alice Hall, the founder of the Pink Boutique.
#5 Wolverhampton, West Midlands
⭐Women in work: 62.1%
⭐Female bosses: 4.7%
Caitlyn Moran, a successful journalist, comedian and best-selling author, grew up in Wolverhampton. Last year, entrepreneur and founder of the plastic-free cosmetics company Stript Becky Shuck used Natwest's Back Her Business incentive to raise £2,000.
Rank |
City |
Population |
Total Score |
1 |
York |
164,369 |
433 |
2 |
Wakefield |
107,546 |
353 |
3 |
Stoke-on-Trent |
278,137 |
289 |
4 |
Sunderland |
174,807 |
286 |
5 |
Wolverhampton |
246,247 |
281 |
6 |
Southampton |
269,750 |
261 |
7 |
Plymouth |
265,792 |
244 |
8 |
Perth |
47,430 |
244 |
9 |
Hereford |
55,800 |
231 |
10 |
Peterborough |
178,805 |
22 |
11 |
Sheffield |
552,143 |
222 |
12 |
Lancaster |
497,000 |
200 |
13 |
Portsmouth |
229,851 |
192 |
14 |
Swansea |
185,460 |
186 |
15 |
Nottingham |
315,987 |
156 |
BEST UK Cities to Start a Business Overall
Starting a business anywhere within the UK will always start off as a challenge, but below are the top five places within the UK to start a business in general. Wolverhampton scored 161.1 on the index, whilst Wakefield scored 155.6, Stoke-on-Trent 127.8, Sheffield 127.8, and Southampton at 125.
The index was ranked on the five-year startup survival rate of new businesses, cost of living, and an average weekly full-time salary.
Rank |
City |
Population |
Total Score |
1 |
Wolverhampton |
246,247 |
161.1 |
2 |
Wakefield |
107,546 |
155.6 |
3 |
Stoke-on-Trent |
278,137 |
127.8 |
4 |
Sheffield |
552,143 |
127.8 |
5 |
Southampton |
269,750 |
125.0 |
6 |
Sunderland |
174,807 |
119.4 |
7 |
Lancaster |
497,000 |
111.1 |
8 |
Portsmouth |
229,851 |
105.6 |
9 |
Plymouth |
265,792 |
100.0 |
10 |
Peterborough |
178,805 |
94.4 |
11 |
Nottingham |
315,987 |
91.7 |
12 |
Glasgow |
1,673,000 |
66.7 |
13 |
Manchester |
563,185 |
66.7 |
14 |
Coventry |
382,073 |
61.1 |
15 |
Leicester |
415,543 |
61.1 |