Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Huge rise in number of London-based engineering firms

The number of engineering companies in London grew by more than 16% last year, research has revealed.

Analysis of official figures by accountants Nixon Williams showed that 1,985 firms were registered in the sector in 2014 – up from 1,700 a year earlier.

This rapid rate of growth compared with an increase of just 3.6% across the UK as a whole in the same timescale.

Almost one in 10 engineering firms was based in the capital by the end of last year.

Nixon Williams practice manager Martin Brennan said: “The capital is the only UK region to have more engineering businesses in 2014 than in 2009.

“The sector as a whole is recovering nationally, but that growth is very unevenly spread, and with more investment earmarked for London, it is conceivable that the gap could widen still further.”

Outside of London, the North East and the North West saw the largest growth in engineering businesses – with 9.2% and 7.7% respectively.

Brennan said the amount of work in the capital, and the number of companies springing up to fulfil it, could lead to labour availability concerns.

“Skills shortages in London and the South East, particularly in areas such as rail engineering and tunnelling, are a growing concern,” he said.

“The number of students starting engineering apprenticeships is falling, and a cohort of senior engineers is reaching retirement age, which is why it is so important to redouble efforts to encourage more women into engineering.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Please note comments made online may also be published in the print edition of New Civil Engineer. Links may be included in your comments but HTML is not permitted.