Luton is a large town located in the county of Bedfordshire and in 2008 the Office of National Statistics estimated that it had a population of 191,800. It is home to the University of Bedfordshire and Luton Town Football club. However, it is probably most well known for being the home of London Luton Airport which featured in the TV documentary series – Airport. This television series ran for a staggering 10 series in the UK.
Luton is the home of many successful companies including Vauxhall, EasyJet and Monarch Airlines. Located just 30 miles north of London, Luton offers several incentives for businesses to move into the area.
When it comes to transport links, Luton is very lucky. Transport links alone make Luton a good place to set up a business because employees can easily commute into work and clients will find it easy to come to meetings. These transport links include:-
London Luton Airport is the 5th busiest airport in the UK in terms of passenger traffic. Having an airport on the doorstep is very convenient for businesses especially when they travel abroad a lot. Luton Airport mainly serves European flight routes and has several budget airlines operating there. This is especially useful for businesses that have multiple locations throughout Europe as the reduced cost of travelling can ultimately save them money.
The National rail system also offers easy access to parts of the country like Nottingham, Loughborough, Sheffield, London and Sutton.
Butterfield Business & Technology Park
Butterfield Business & Technology Park is a brand new development which holds purpose built offices in 85-acres of land. This huge business and technology park is part of an investment that is set to transform Luton over the next few years and create at least 10,000 new jobs. With investment of 4 billion into this project, Butterfield is a state of the art location for businesses to set up. As an added bonus, Butterfields won the “Green office of the year award.” Another reason to start a business at this particular location in Luton is that there are substantial grant funding to businesses who locate here.
Luton Airport is planning to expand the number of passengers it handles. This could create up to 6,000 new jobs in the area. With this increase in growth, Luton Airport could attract more businesses to the area and thus create more business to business opportunities.
In conclusion, Luton is a town that is expected to grow in popularity for businesses due to the recent investment in the area. It has an ideal location, being only 30 miles from London and offers lots of transport benefits for both regional and international travel.