Hackney

Hackney ranks 25th of 361 UK local authorities, scoring 57 points above the UK benchmark. Its standout result is on Investment, where it places 11th nationally, well clear of the UK average. ESG is the weakest pillar, sitting below the UK benchmark.

  • Top pillar: Investment
  • Biggest opportunity: ESG
  • 100,738 active companies

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The composite score draws on four pillars: Innovation, Scaling, Investment and ESG, weighted at 30%, 30%, 30% and 10% respectively.

Each score is averaged across active companies in the authority, with corporate groups counted once. That averaging means a place with relatively few but highly active companies can score just as strongly as a much larger economy, making the index a fair comparison between authorities of very different sizes.

The UK as a whole scores 1,000, so Hackney's composite of 1,057 places it clearly above that benchmark. Every score also comes with a likely range showing how much it could shift with a slightly different mix of companies; a score is only published when that range is narrow enough to rely on.

London

Each dot shows the pillar score on a scale where the UK as a whole scores 1,000, marked by the line. The paler band is the likely range. The composite weights Innovation, Scaling and Investment 30% each and ESG 10%.

  • Innovation 30%1,047Well above average nationally
  • Scaling 30%980Below average nationally
  • Investment 30%1,181Well above average nationally
  • ESG 10%947Well below average nationally

Want to learn more about the scores? Speak to an expert

Pillar breakdown

How Hackney's composite score of 1,057 is built up, pillar by pillar.

Innovation

1,047

Well above average nationally

+47 points against the UK · Likely range 1,041–1,053 · 30% of the composite

Innovation captures patents, academic spinout status, R&D grant value, innovative sector tagging and IS-8 sector presence. Hackney ranks 40th of 361 authorities on this pillar, 47 points above the UK benchmark, placing it in the top 20% nationally and ahead of 88.9% of authorities.

The 5 measures behind this pillar

  • Patents25%See the data on Beauhurst

    Granted patent families filed in the last 20 years, held anywhere in the corporate group (capped, log scale).

  • Academic spinouts25%See the data on Beauhurst

    Whether the company is a university spinout.

  • R&D grant value25%See the data on Beauhurst

    Value of R&D grants received in the last five years: Innovate UK, EU programmes and other grants for R&D (capped, log scale).

  • Innovative sectors15%See the data on Beauhurst

    Tagged with any industry or buzzword on a curated list of innovative sectors, for example chips, biotechnology, quantum, AI, data, SaaS, FinTech and CleanTech. About 2.5% of companies.

  • IS-8 sectors10%See the data on Beauhurst

    Tagged with any of the eight IS-8 sectors: advanced manufacturing, clean energy, creative industries, digital and technologies, financial services, life sciences, professional and business services, and defence. About 18% of companies.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Scaling

980

Below average nationally

−20 points against the UK · Likely range 973–987 · 30% of the composite

Scaling measures whether companies are 20% scaleups, their headcount growth over recent years and accelerator attendance. At 980, Hackney's score sits 20 points below the UK benchmark, ranking 252nd of 360 authorities. On this dimension, the picture is weaker than the composite suggests.

The 3 measures behind this pillar

  • Scaleups45%See the data on Beauhurst

    Whether the company is a 20% scaleup (Beauhurst high-growth signal).

  • Headcount growth45%See the data on Beauhurst

    Annualised three-year employee growth rate over the latest four years of accounts, including group accounts, for companies with five or more employees at the start (capped). All other companies count as zero.

  • Accelerator10%See the data on Beauhurst

    Whether the company has attended an accelerator.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Investment

1,181

Well above average nationally

+181 points against the UK · Likely range 1,166–1,196 · 30% of the composite

Investment covers whether companies raised equity in the last five years, how much they raised and whether a deal was their first ever. Hackney ranks 11th of 360 on this pillar, 181 points above the UK benchmark, and outperforms 96.9% of authorities. This is its strongest result by a clear margin.

The 3 measures behind this pillar

  • Equity raisers40%See the data on Beauhurst

    Whether the company raised equity in the last five years.

  • Equity raised40%See the data on Beauhurst

    Amount of equity raised in the last five years (capped, log scale).

  • First-time raisers20%See the data on Beauhurst

    Whether the company's first equity deal ever was in the last five years. A first-time raiser always counts as an equity raiser too.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

ESG

947

Well below average nationally

−53 points against the UK · Likely range 942–952 · 10% of the composite

ESG reflects clean energy activity, other green activity, environmental accolades, social and governance signals, and not-for-profit proxy status. Hackney ranks 337th of 361 on this pillar, 53 points below the UK benchmark, outperforming only 6.6% of authorities. This is its lowest-scoring dimension.

The 5 measures behind this pillar

  • Clean energy30%See the data on Beauhurst

    Active in clean or renewable energy, or clean technology.

  • Other green activity20%See the data on Beauhurst

    Active in green buildings and infrastructure, green transport, or sustainable farming and food.

  • Environmental accolades20%See the data on Beauhurst

    Has an environmental accolade, including completed Innovate UK clean growth grants.

  • Social and governance15%See the data on Beauhurst

    Has a gender pay equality signal from a report in the last five years, a director gender equality signal, or a social accolade.

  • Not-for-profit proxy15%See the data on Beauhurst

    Is limited by guarantee without share capital, a rough indicator of non-profit status.

We publish a score for each pillar, not for the measures inside it. The percentage beside each measure is how much it counts towards the pillar score. Select the lock to see the companies behind a measure on the Beauhurst platform.

Compared to Greater London

The chart below places Hackney's composite score alongside its neighbours in Greater London, where it ranks 9th of 32 authorities, 36 points above the county score of 1,021.

Dots share one axis across the site. The line marks the UK benchmark of 1,000; differences are in points.

Frequently asked questions

Common questions about Hackney's Local Growth Score and how it's calculated.

Read the methodology
What is Hackney's Local Growth Index score?

Hackney scores 1,057 on the UK Local Growth Index, placing it 25th of 361 local authorities and 57 points above the UK benchmark of 1,000.

How does Hackney compare to the rest of London?

Hackney ranks 9th of 32 authorities in Greater London, scoring 36 points above the county average of 1,021 and 24 points above the regional average of 1,033.

Which pillar is Hackney strongest on?

Investment is Hackney's strongest pillar. It ranks 11th of 360 authorities on this measure, 181 points above the UK benchmark, reflecting strong equity-raising activity among its companies.

Which pillar is Hackney weakest on?

ESG is Hackney's weakest pillar, with a score of 947, which is 53 points below the UK benchmark. It ranks 337th of 361 authorities on this dimension.

How many companies are counted in Hackney's score?

The index covers 100,738 active companies in Hackney, with corporate groups counted once rather than as each of their registered entities.

What does the Local Growth Index actually measure?

It measures the characteristics of a place's business economy across Innovation, Scaling, Investment and ESG pillars. It is not a measure of economic output or GDP; it reflects how active local companies are across those four dimensions.

Explore the data behind the index

Every score on this page is built from real, named company activity, patent filings, fundraisings, spinouts and scaleups. Book a call to see the data behind any authority's score, and how Beauhurst can support your work.

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