Member Article

As IFB rolls into Liverpool, Manchester declares itself ‘open for business’

The latest assessment by the Manchester Monitor – a snapshot of Greater Manchester’s latest socio-economic indicators – shows the city region’s economy in robust health.

Headlines indicators include:

2,375 new businesses incorporated in April 2014; 442 more than in April 2013 (a 22.9% increase). Jobseekers allowance claimants falling year-on-year (April) by 30.1% An average house cost £105,400 in April 2014, a year-on-year increase of 4.1% (£4,145)

John Holden, acting director of research for New Economy, said: “As the International Festival for Business (IFB) lands in our neighbouring city of Liverpool this month, we’re particularly encouraged by the many positive trends that are coming through in these latest business indicators.

“With business start-ups on the rise, a competitive property market and improving labour market conditions, Greater Manchester is demonstrating a mixture of appealing prospects for both existing businesses and potential investors alike.

“These current trends and attributes are in line with the aspirations of the North West’s business base and will ensure that the many businesses representing Greater Manchester at IFB this month and next, will be able to provide a truly positive picture of the regional economy, backed up by robust evidence.”

This was posted in Bdaily's Members' News section by Simon Malia .