In 2015, the National Videogame Arcade was opened in the Hockley area of the city; being "the UK's first cultural centre for videogames". It was announced in June 2018 that the arcade was soon to close and relocate to Sheffield city centre, where it reopened in November 2018 as the National Videogame Museum. Economy Nottingham is the East Midlands' largest economy. The headquarters of several large companies are based in the city: these include Alliance Boots (formerly Boots the Chemists); Chinook Sciences; GM (cricket bats); Pedigree Petfoods; VF Corporation (American clothing); Changan Automobile (Chinese-made automobiles); the credit reference agency Experian; energy company E.ON Energy UK; betting company Gala Bingo; amusement and gambling machine manufacturer Bell-Fruit-Games; engineering company Siemens; sportswear manufacturers Speedo; high-street opticians Vision Express and Specsavers; games and publishing company Games Workshop; PC software developer Serif Europe (publisher of PagePlus and other titles); web hosting provider Heart Internet; the American credit card company Capital One; the national law firm Browne Jacobson; and Earache Records, an independent music company founded by local resident Digby Pearson, based on Handel Street in Sneinton. Nottingham also has offices of Nottingham Building Society (established 1849); HM Revenue & Customs; the Driving Standards Agency; Ofsted; the Care Quality Commission and BBC East Midlands. The schools and aerial photographers, H Tempest Ltd, were Nottingham-based for many years, until relocating to St Ives, Cornwall January 1959. Nottingham was named one of the UK's six science cities in 2005 by the then Chancellor of the Exchequer Gordon Brown. Among the science-based industries within the city is BioCity. Founded as a joint venture between Nottingham Trent University and the University of Nottingham, it is the UK's biggest bioscience innovation and incubation centre, housing around 80 science-based companies.In 2010, Nottingham City Council announced that the target sectors of their economic development strategy would include low-carbon technologies; digital media; life sciences; financial and business services; and retail and leisure. The city formerly had a major bicycle manufacturing industry sector. Raleigh Bicycle Company was established in 1886 and Sturmey-Archer, the developer of three-speed hub gears, was also founded in the city. Raleigh's factory on Triumph Road, famous as the filming location of Saturday Night and Sunday Morning, was demolished in 2003 to make way for the University of Nottingham Jubilee Campus's expansion. In 2015, Nottingham was ranked in the top 10 UK cities for job growth (from 2004 to 2013), in the