A NEW report has placed Oxford 36th out of 38 best major cities in the UK to invest in for starting a new business and buying a property.

The study by online savings company Raisin showed Oxford ranked 36th.

The business survival rate in the city is over 86.9 per cent and house prices have risen by 8.3 per cent in the past two years.

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The index ranked 38 of the UK's biggest cities by five factors - working population, business survival rate, house price changes, job claimant rate and price per sq ft of office space - to determine which city is the best to invest in.

Oxford Mail:

Kevin Mountford, Co-Founder of Raisin UK, said: "Whether you’re buying a house or starting a business when it comes to investing in something new, you have to weigh up the pros and cons, and the location is a key factor in that.

"Using the Raisin UK city investment index you can find the most practical and profitable location for your business needs, encouraging the most successful outcome of your investment and hard-earned savings.”