More than 42,000 commuters travel to work in Reading Borough every day

Matthew Wilcox our consultant managing the role

Reading is swiftly turning into a hive of economic activity - making it an increasingly enticing place to relocate to.

London and the south-east of England may be the strongest part of the UK economy, both in the financial sector and in services as a whole, but more and more people and companies are learning the benefits of living in - and commuting to - the town of Reading.

Data supplied by the Office for National Statistics has indicated that over 42,000 commuters travel to work in Reading each day from beyond its boundaries. Indeed, the daytime population swells by 9,000 during the week, showing that the number who commute into the town exceeds the 33,000 Reading residents who head off into London or elsewhere to work.

This may not come as too much of a surprise. The town has a thriving economy and is extremely well connected, being in the M4 corridor, close to Heathrow and easily linked to London.

In the case of its roads, this does not just mean Reading attracts some people from the capital, but also other local towns like Slough and Maidenhead, not to mention places further north and west such as Oxford and Swindon.

The public transport links are set to get even better. Reading's own railway station has recently been undergoing a major renovation, increasing the number of platforms and capacity to ease the flow of trains, adding a new passengers bridge and improving the frontage. This work has been carried out as part of a project to bolster the economic development of the town centre around the vicinity of the station.

In addition to this, Reading is set to receive Crossrail services after the original plans were amended, ensuring the route stretches further west into Berkshire than first intended. Furthermore, nearby Heathrow Airport could be set for a new runway when the Davies Commission reports, with London mayor Boris Johnson's bid idea of closing it and building a new hub airport in the Thames estuary having been ruled out. 

All this may make Reading a destination of choice for people moving to take up jobs in the London and south-east region.

The Marks Sattin Insight Report 2014 indicated the south-east is a popular place for people to relocate to for work purposes, with 13 per cent saying that would be their region of choice if they were to make a long-distance move within Britain. This was second only to London.

Senior manager for Marks Sattin in the Thames Valley Alastair Paterson said: "With London house prices soaring and first-time buyers finding it hard to raise a deposit, it seems that many candidates could do worse than looking at Reading to build their professional skill set.

"With the arrival of Crossrail in the not too distant future, more affordable housing and hugely desirable brands such as RB, Centrica, Microsoft, AkzoNobel and Waitrose within an easy commute, now seems to be as good a time as any to move to this mini metropolis.

Salaries are comparable to London in most cases, with many firms offering excellent benefit packages which include pension, car allowance, private Medical and bonus." 

11/04/16
posts

Related articles

How to become a change manager: qualifications and requirements
How to become a change manager: qualifications and requirements

Teaser

Change & Transformation

Content Type

Career Advice

23/07/24

Summary

What is a change manager?  A change manager ensures that business-wide changes are executed smoothly and effectively. This could be the implementation of a new process, system, or organisational

Teaser

Learn what the role of a change manager is.

Read full article
James  Thompson

by

James Thompson

James  Thompson

by

James Thompson

Five reasons change management is important in times of uncertainty
Five reasons change management is important in times of uncertainty

Teaser

Change & Transformation

Content Type

General

23/07/24

Summary

In the modern world of business, change management plays an important role in delivering results and ensuring employees are successful.  Whether spurred by technological advancements, shifts in m

Teaser

Learn why business leaders are seeking out change and transformation professionals.

Read full article
Cillian Mcevoy

by

Cillian Mcevoy

Cillian Mcevoy

by

Cillian Mcevoy

Why is change management important in transformation?
Why is change management important in transformation?

Teaser

Change & Transformation

Content Type

General

23/07/24

Summary

In the modern world of business, change management plays an important role in delivering results and ensuring employees are successful.  Whether spurred by technological advancements, shifts in m

Teaser

Join us as we explore some of the key areas of change management and why they’re so important for business transformation.

Read full article
Oliver Bradley

by

Oliver Bradley

Oliver Bradley

by

Oliver Bradley

jobs

Related jobs

Senior Commercial Finance Analyst

Salary:

£65,000 - £80,000 per annum + + bonus + benefits

Location:

City of London, London

Industry

FinTech

Qualification

Fully qualified

Market

Financial Services

Salary

£80,000 - £100,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

An exciting opportunity for a Commercial Finance Analyst to join a growing international FinTech.

Reference

BBBH181444

Expiry Date

01/01/01

Florin Hodinitu Find out more
Financial Controller

Salary:

£100,000 - £120,000 per annum

Location:

City of London, London

Industry

Investment Banking & Capital Markets

Qualification

Fully qualified

Market

Financial Services

Salary

£100,000 - £125,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

An exciting opportunity to join an international Bank and play a pivotal role in driving financial excellence, growth and transformation.

Reference

BBBH181445

Expiry Date

01/01/01

Florin Hodinitu Find out more
FInance Manager - Management Accounts (40% home working)

Salary:

Negotiable

Location:

Chorley, Lancashire

Industry

Consumer & Retail

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£50,000 - £60,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Finance Manager (Management Accounts) - 40% home working

Reference

BBBH180107

Expiry Date

01/01/01

Laura Halloran Find out more
Commercial Financial Controller

Salary:

Up to £55,000 per annum

Location:

Edinburgh

Industry

Business Services

Qualification

None specified

Market

Commerce & Industry

Salary

£50,000 - £60,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Delighted to be working once more with one of our long standing clients, who due to restructure are recruiting a Commercial Financial Controller

Reference

BBBH179738

Expiry Date

01/01/01

Laura Halloran Find out more
Group Financial Controller

Salary:

£85,000 - £95,000 per annum

Location:

Bristol

Industry

Technology

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£80,000 - £100,000

Job Discipline

Qualified Finance

Contract Type:

Permanent

Description

Marks Sattin have been engaged by an international software services company based in Bristol to recruit a Group Financial Controller.

Reference

BBBH181364

Expiry Date

01/01/01

Ben   Neeamuthkhan Find out more
Buyer- Capex

Salary:

£50,000 - £55,000 per annum

Location:

Bristol

Industry

Manufacturing

Qualification

None specified

Market

Commerce & Industry

Salary

£50,000 - £60,000

Job Discipline

Part Qualified & Transactional Finance

Contract Type:

Permanent

Description

Marks Sattin have been engaged on an exclusive basis to recruit a fantastic Capex Buyer role for a very exciting client based in the Bristol area.

Reference

BBBH181424

Expiry Date

01/01/01

Ben   Neeamuthkhan Find out more
Senior Finance Business Partner

Salary:

Negotiable

Location:

London

Industry

Pharmaceuticals & Life Sciences

Qualification

Fully qualified

Market

Commerce & Industry

Salary

£80,000 - £100,000

Job Discipline

Qualified Finance

Contract Type:

Contract

Description

A 6-month contract Senior Finance Business Partner role with a globally renowned research organisation in London.

Reference

JAR2802

Expiry Date

01/01/01

Julia Aruci

Author

Julia Aruci
Julia Aruci

Author

Julia Aruci
Find out more
View all jobs