A new study has found that Oxford, Inverness and Cambridge are among some of the top places for budding entrepreneurs and self employed business owners to set up shop.

According to Nominet, the official registry for UK domain names, Durham and Portsmouth finish the top five, while Salisbury, Winchester, Hereford, Norwich and Bath make up the top ten, respectively.

The research is based on an analysis of over 154,000 Google search terms and 63,000 national business listings covering 59 of the country's biggest cities, and identifies where the opportunities are for new business owners.

Commenting on the results of the survey, Eleanor Bradley, chief operating officer of Nominet suggested that they highlight a need for self employed business owners to set up their businesses in the right part of the country, regardless of whether they're mainly physical or based online.

"Having a great idea and being in the right place at the right time is just one part of the story – businesses need a great shop window, on and offline, to grow," she said. "With millions of Brits searching the web for local services before hitting the streets, the lack of an online presence is the same as turning business away."

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