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Home Business

Reading is the investment capital of the UK according to survey

Phil Creighton by Phil Creighton
Wednesday, October 26, 2022 6:01 am
in Business, Reading
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Picture: Pixabay

Picture: Pixabay

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A NEW study shows that Reading is good for business, as it is the investing capital of the country.

Research suggests that there are 1,613 monthly investment-related internet searches per 100,000 – way ahead of second-placed Bristol, with 1,452 searches a month.

London ranks third with 1,363 monthly investment-related search terms and Manchester fourth, with 1,348.

New analysis reveals that Reading is home to the keenest investors in the UK.

The study, by UK financial services provider CMC Markets, examined Google Ads data to discover the average monthly search volume for investment-related search terms across the most populated areas of the UK, to determine which areas are most interested in investing.

And it was the Ding that came out on top.

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The most frequently searched investment-related term is ‘stock market’, with an average of 360 monthly searches, followed by ‘investment’ and ‘interest rate’, which both have 260 average monthly searches.

The study revealed that Manchester ranked closely behind London, and fifth is Edinburgh.

The study was conducted by CMC Markets, a UK-based financial services company that offers online derivative trading such as spread betting and contracts for differences across world markets such as shares and foreign exchange.

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