Wednesday, 3rd September 2014
Manchester Tops the Growth Table
Manchester is the fastest-growing city outside London and is among the top five most “dynamic” places in Britain, according to a report.
Based on an analysis of demographics and economic growth during the eight years to 2012, Manchester is followed by Birmingham, Milton Keynes, Bristol and Brighton and Hove in a list of the five highest-growth cities outside the capital published today by Grant Thornton.
Manchester, home to MLP's One Smithfield Square, is praised in the report for being the only area outside of London to make the top ten most economically dynamic places in the UK, with a large local economy, high percentage of knowledge driven businesses and high employment density.
Based on this analysis of past progress and future prospects, Grant Thornton’s report also reveals a number of ‘growth corridors’ – functional and large scale local economic areas in England – which are playing a significant role in the country’s overall growth levels.
Though predominantly stemming from London, the intra-city growth corridors include a number of other large cities at their core, creating a network of key strategic linkages between high growth and dynamic areas. The ‘corridor’ linking Liverpool – Warrington – Manchester – Leeds is prominent.
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