Business Growth in Manchester

ALEXANDER& CHARTERED ACCOUNTANTS BUSINESS GROWTH AND EMPLOΥΜΕNT IN MANCHESTER Since 2010, Manchester has seen an overall growth in employment of 68,154 which makes it the seventh best employment hotspot in the UK. With it is set to outperform the likes of Berlin, Tokyo and Paris for jobs growth over the next five years, Machester is looking like the place to be for business. A quick profile of Manchester 168,767 £525 Working age population with NVQ Level and above (2012) Average full-time weekly earnings (2013) Universities Manchester - the home of technology The home of Tech North, a government-backed organisation that promotes the interests of start-ups in Manchester is the birth place of the first computer to store program data electronically. the north of England. The Escalator has: The Manchester Escalator on Deansgate is a collaborative space for professionals from the finance, technology, social enterprise, education, healthcare and gaming industries. Two meeting rooms featuring widescreen TVs and VOIP conference phones With 20 co-working seats, multiple break-out areas and chill out spaces An onsite coffee shop Free WiFi A nine screen video wall Powerful sound system Host up to 140 people Manchester Vs the rest of the world Employment growth across international cities over the next five years: Dubai Beijing 10.1% New York (metro) 4.1% Sydney 4.1% 18.2% IIIIII I III Liverpool 2.6% Birmingham 2.5% Manchester Glasgow 2.2% 3,8% Tokyo -0.7% Paris Berlin 1.7% 1% What does the future hold for Manchester This makes Manchester one of the top ten fastest growing places for jobs in law, finance, management consultancy and advertising Employment growth is predicted to be 3.8% in Manchester Economists say the driver of this growth has been the professional services industry which will continue to grow with 7,800 new jobs set for the city by 2020. between 2015-2020. outside London. Between 2010 and 2015, Manchester created 3,218 in manufacturing. across pharmaceuticals, components and plastic products and printing 14,000 jobs in professional services 926 new positions in the energy and environment sector BBC NEWS ty Salford saw a 53% hike in digital and creative roles which the report 'linked to the migration of the BBC and ITV to MediaCityUK. This also led to an increase in real person disposable income in Salford as it grew 11.7% Trafford will grow even faster - at 15% – and create 3,870 new jobs in the professional services sector between 2015 and 2020 Sources http://www.bbc.cauk/news/technology-31 142902 http://www.manchestereveningnews.co.uk/business/barclays-support- -8200997 http://www.manchestereveningnews.co.uk/news/geater-manchester-news/booming manch toutperfborm-berlin-9522458 http://www.telegraph.co.uk/finance/yourbusiness/1 1390230/Bournemouth-beats-London-as-UKo-fastest-growing-digital-economy.html http://www.manchestereveningnews.co.uk/business/enterprise/12000-businesserstarted-up-manchester-6637866