Stoke’s initial economic industries included mining, steel production, and the crafting of pottery. Recognised globally as the World Capital of Ceramics, Stoke is still referred to as The Potteries to this day.
While pottery still maintains a presence, the local business landscape is now characterised by light manufacturing and service sectors. Key local employers encompass Bet365 in Etruria, which sustains a workforce of 2,000, and Vodafone, employing 1,100 individuals. Other significant contributors comprise Michelin, KMF Group, Portmeirion, Emma Bridgewater, Water Plus, Seddon, Churchill China, Don-Bur and Synectics Solutions.
The University Hospitals of North Midlands NHS Trust plays a pivotal role in the economy, employing over 11,000 people at the Royal Stoke University Hospital and County Hospital in Stafford.
Stoke grappled with economic decline following the wane of its traditional industries. However, the Make It Stoke-on-Trent initiative actively draws businesses, investments, and economic growth to the region.
The Ceramic Valley Enterprise Zone, aptly dubbed Stoke’s Enterprise Zone, stands out as one of the UK’s most prosperous. It may catalyse the creation of 900 new jobs across multiple locations. These developments present positive prospects for buy-to-let investors.
In addition, local football teams such as Stoke City, Burton Albion and Port Vale also provide job opportunities to locals.