Issue date: 3 March 2000

Contact:
Amanda Fisher, citib@se 020 7808 7444
Alex Kane, Spada 020 7269 1430

Statistics show that Newcastle city centre works for business start ups

UK top five business centre operator, citib@se plc, today revealed statistics that support the view that Newcastle city centre is an attractive location for start-up businesses from a wide range of industries.

As part of a wider drive by citib@se to provide more transparent information on the service office sector, they have released statistics that for the first time outline office usage according to business sector across their national network of centres.

citib@se Newcastle at Churchill House, 12 Mosley Street, NE1 is currently home to a number of firms operating in the business services, financial services and IT sectors. This includes recruitment consultants, financial advisors, solicitors and sign writers.

citib@se centres are specifically designed for small and medium sized businesses and project teams from large businesses. They can move in at short notice and alter the amount of space they use. These features are also ideal for companies expanding into new areas. A company based in Southampton can take an office in the North East and quickly establish a presence without the complicated commitments of a long lease.

Ian Read said: "Many start-ups and small businesses can be put off by the idea of city centre rents. However serviced office centres are an ideal incubation environment and our statistics show that this view is shared by businesses from a variety of sectors in Newcastle.

"We are witnessing a broad range of clients coming through our doors at citib@se Manchester and going on to make great successes of their businesses."

Notes for Editors
For further information, please contact:
Amanda Fisher (corporate) citib@se plc 120 Wilton Road London SW1V 1JZ Tel: 020 7808 7444 Fax: 020 7808 7028		Alex Kane (press) Lion House 72-75 Red Lion Street London WC1R 4NA Tel: 020 7269 1430 Fax: 020 7269 1440
Editors’ Notes • citib@se manages a fast-growing, national network of business centres. It operates centres nationwide in Birmingham, London, Manchester, Newcastle, Leeds, Leicester, Bewdley, Cambridge, Edinburgh, Bristol, and Kenilworth. • citib@se operates business centres with five-star service and state-of-the-art telecommunications technology. The offices provide an environment that previously had only been available to large, well-established companies. Should you require any further information please contact: Lisa Watson citib@se plc Vigilant House 120 Wilton Road London SW1V 1JZ Tel: 020 7808 7006 Fax: 020 7808 7028 Email: lisawatson@citibase.co.uk