OXFORD has the second most vibrant economy in the UK after Cambridge, according to a new survey.

The city scored a silver medal for being 'entreprenurial and innovative', fostering good 'health and wellbeing' and producing wealth and creating jobs.

Vale of White Horse District in southern Oxfordshire came eighth in the ranking.

Oxford Mail:

The survey was carried out by international tax advisory firm Grant Thornton.

Cambridge and Oxford were followed by Richmond upon Thames, South Cambridgeshire, Guildford, Wokingham, Windsor, Vale of White Horse, Winchester then Reigate.

And despite Cambridge coming in top place, Oxford actually scored higher on prosperity; 'health, wellbeing and happiness' and 'community, trust and belonging'.

Vale of White Horse also scored better than Cambridge in health and wellbeing as well as 'inclusion and equality'.

Grant Thornton said the purpose of the study was to 'provide a tool that will help identify the opportunities for and the challenges to social and economic growth across the nation'.

The company looked at 324 local authorities across England.

Researchers concluded that affluence in some of the richest places in the country, such as London and Leeds, did not necessarily translate into healthier or more inclusive communities.