Hello Friends i ve wanted to share with you a report from “Cities Outlook 2011" which looks at the economic recovery across UK cities with some very interesting facts about Brighton. Off course as a Brighton business in the massage and beauty industry we have a great interest in the local economy and its outlook.
"A new report has painted a mixed picture of economic recovery across the UK, but Brighton has been highlighted as one of the cities that is ‘well placed to drive the UK’s economic recovery’.
The Centre for Cities annual index, Cities Outlook 2011, says that Brighton is a city with a strong private sector economy and has experienced limited public spending cuts.
However, the report states that Brighton is ranked in the middle with regard to its welfare bill per capita at £2,731 (highest Birkenhead at £3398), lowest Cambridge at £1,770), although its projected welfare spending cut per capita is relatively high at £157 (highest Birkenhead at £197, lowest York at £85).
The positives are vast though, with Brighton highlighted as having survived the recession with limited job losses (1.3 per cent reduction in the city’s workforce) thanks to the resilience of the service industry.
The city has maintained its third place position in terms of business stock per 10,000 people with a score in 2009 of 402.6, which was down 2.8 per cent on 2008, but the figure was still higher than all cities over than London and Aldershot.
Another plus for Brighton is that it has the second lowest figure of residents of working age with no formal qualifications. At 7.3 per cent only Cambridge scores better (5.3 per cent) in this regard and the difference is stark with a city such as Liverpool that has 19.5 per cent of its working population with no formal qualifications.
The full study can be viewed here while for a national interpretation of the results view The Guardian.
"A new report has painted a mixed picture of economic recovery across the UK, but Brighton has been highlighted as one of the cities that is ‘well placed to drive the UK’s economic recovery’.
The Centre for Cities annual index, Cities Outlook 2011, says that Brighton is a city with a strong private sector economy and has experienced limited public spending cuts.
However, the report states that Brighton is ranked in the middle with regard to its welfare bill per capita at £2,731 (highest Birkenhead at £3398), lowest Cambridge at £1,770), although its projected welfare spending cut per capita is relatively high at £157 (highest Birkenhead at £197, lowest York at £85).
The positives are vast though, with Brighton highlighted as having survived the recession with limited job losses (1.3 per cent reduction in the city’s workforce) thanks to the resilience of the service industry.
The city has maintained its third place position in terms of business stock per 10,000 people with a score in 2009 of 402.6, which was down 2.8 per cent on 2008, but the figure was still higher than all cities over than London and Aldershot.
Another plus for Brighton is that it has the second lowest figure of residents of working age with no formal qualifications. At 7.3 per cent only Cambridge scores better (5.3 per cent) in this regard and the difference is stark with a city such as Liverpool that has 19.5 per cent of its working population with no formal qualifications.
The full study can be viewed here while for a national interpretation of the results view The Guardian.
extremely interesting post, go Brighton go....
ReplyDeleteMany thanks again i read the entire report
ReplyDeletethank you again another very informative post
ReplyDeleteGreat link thank you
ReplyDelete