Our capital city, Cardiff, has experienced jobs growth over 20% in the past decade, with visitor numbers growing by 50%.
Over this same period we saw huge investment in the Region’s transport infrastructure supporting further growth in the Cardiff Capital Region economy.
As the primary economic hub for South Wales, the influence of Cardiff reaches well beyond its boundaries.
100,000 people, almost a third of the workforce, commute into the city each day which demonstrates the important economic and social role Cardiff plays in relation to the wider region.
Pre-pandemic Cardiff had developed to become the sixth biggest retail centre in the UK, attracting over 20 million visitors a year and bringing £1 billion to the local economy.
Ranked No 4 in UK Core City in the Global Talent Competitiveness Index 2022.
Highly skilled, adaptable and dependable workforce.
A strategically strong location, with excellent access.
Quality of Life
Consistently recognised as one of the best cities to live, work and play in.
Lower operating costs in comparison to other UK major cities.
The influence of the city is also growing as it becomes increasingly well connected. There are currently 1.6 million people living within a 45 minute commute of Cardiff. Connectivity has been boosted by the electrification of the Great Western Main Line, cutting travel time to London to 106 minutes.
The removal of tolls from the Prince of Wales Bridge (Second Severn Crossing) is anticipated to increase travel between South Wales and South West England and bring a £1 billion boost to the Welsh economy.
Cardiff’s development into a diverse and business-friendly city, coupled with the powerful ‘croeso’ provided by stakeholders from academia, Welsh Government, Cardiff Council and Cardiff Capital Region, has enabled us to invest with confidence in creating 1,000 jobs here over the next five years.
— John-Paul Barker, Regional Market Lead for PwC in Wales and the West of England
The importance of linking Cardiff to the wider Welsh economy has been recognised with the establishment of the Cardiff Capital Region in 2016. The deal covers 10 local authorities in South East Wales, and aims to boost economic growth throughout the region. Investment of £1.2 billion has been committed by local and national government, with over £1 billion of investment to fund the Metro network for the Cardiff Capital Region.