Dundee has been named in the UK’s top 10 cities for small businesses.
The in-depth study looked at medium sized enterprises and was based on average wages, travel times, house prices and jobs.
Glasgow hit the top spot with London not even featuring in the top 25, according to the new report.
A study based on average wages, travel times, house prices and jobs, also suggested that Manchester and Derby were among the best places in the UK for small to medium sized enterprises (SMEs).
Glasgow scored high on a short average commute as well as the growth of small businesses in recent years, said small business lender iwoca.
Its research marked down London because of high house prices and lengthy commutes to work.
Dundee joined other cities in the top 10 including Liverpool, Newcastle upon Tyne and Southampton.
Christoph Rieche, iwoca chief executive, said: “The pandemic has fundamentally changed the life choices we make.
“It has changed the way we work, where we want to be based and has made many people across the country consider if their current career or company they work for is the right one for them.
“The big corporations grab the headlines and have the profile, but it’s the small businesses who are making this country tick.
“It’s really promising to see so many smaller towns and cities feature so prominently in our research of top spots for SME jobs.
“Britain’s thriving small businesses can be found in all corners of this country, creating jobs that make a real difference to communities, supporting the growth of local economies.”
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