The number of North East companies with global operations has increased seven-fold in the last eight years.
The Global Reach 2021 Report has identified 538 Northern companies who employ over seven million people globally, more than double the 250 discovered when the report was first compiled in 2013.
The new report was commissioned by Prolific North – in association with Manchester Metropolitan University’s School of Digital Arts (SODA) – in a bid to explore the performance of the region’s tech, marketing, media and creative companies on a global stage.
While the original report was dominated by North West companies (almost 70% of the total), the new research highlights how other parts of the region have emerged in recent years with global companies branching out into Yorkshire and the North East.
Although a majority of companies still have a presence in the North West, many more now have a base in Yorkshire and the North East.
Out of the companies surveyed, 46.8% (252 companies) have an office in Manchester, 19% (102 companies) have an office in Leeds and 46 in Newcastle (8.5%).
The original research only found around 10 companies with an office in the North East, but that number has now jumped to 71, or 13% of the 538 companies included in the research.
