Economy of Manchester

rdf:langString Economy of Manchester

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rdf:langString The City of Manchester Stadium which once hosted the 2002 Commonwealth Games

rdf:langString Sir William Siemens House on Princess Road, West Didsbury. It is head office for Siemens Automation and Drives

rdf:langString China Airlines Cargo Boeing 747-400F departs Manchester Airport

rdf:langString McVitie's factory on Stockport Road

rdf:langString Spinningfields with the Royal Bank of Scotland

rdf:langString The Trafford Centre is the 2nd largest shopping centre in the UK

rdf:langString The Manchester Metrolink will have the largest tram system in the UK once expansion is complete.

rdf:langString The Co-Operative Group's NOMA development currently under construction

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rdf:langString Etihad Stadium.jpg

rdf:langString Manchester Airport.jpg

rdf:langString Manchester Picadilly Station Panorama.jpg

rdf:langString NOMA skyline.jpg

rdf:langString No 3001 Manchester Metrolink tram.jpg

rdf:langString Sir William Siemens House.jpg

rdf:langString Spinningfields - geograph.org.uk - 1639624.jpg

rdf:langString Trafford-arial.jpg

rdf:langString Boeing 747-409F, China Airlines Cargo JP5752085.jpg

rdf:langString McVitie's Biscuit Factory, Wellington Road North, Stockport - geograph.org.uk - 803875.jpg

rdf:langString The economy of Manchester is among the largest in England. Manchester is a city and metropolitan borough of Greater Manchester. It lies within the United Kingdom's second-most populous urban area, with a population of 2.55 million. Manchester's commercial centre is in Manchester city centre, focused on Spinningfields, Mosley Street, Deansgate, King Street and Piccadilly Gardens. Historically, the world's first industrialised city, the region was once in economic and population decline. In 2012 Greater Manchester South, which includes the cities of Manchester and Salford and three other metropolitan boroughs, was the largest NUTS3 area outside London in economic terms, and growth was 3.8% vs the Core Cities average of 2%. Between 2002 and 2012 Greater Manchester South grew 45% vs. national growth of 44%. Meanwhile, the 2011 census also showed that Manchester was the fastest growing city in the UK in terms of population. Manchester is also a city of contrast, where some of the UK's most deprived and most affluent neighbourhoods can be found. According to the 2010 Indices of Multiple Deprivation Manchester is the 4th most deprived local authority in England. On the other hand, Greater Manchester is home to more multi-millionaires than anywhere outside London, with the City of Manchester taking up most of the tally. In 2013 Manchester was ranked 6th in the UK for quality of life, according to a rating of the UK's 12 largest cities. Manchester is considered to be a 'beta -' global city, rated as the second most globally influential city in the UK after London with Edinburgh third, Belfast fourth and Glasgow fifth. The region is now an economic knowledge-led centre, with research and enterprise clustered around the University of Manchester, where research ranked as the third most powerful in the UK behind Cambridge and Oxford. Typical industry areas include: digital and creative, financial, legal and business services, biotechnology, advanced manufacturing, environmental technologies, tourism, global sports brands, media and real estate. The city is also a key location for many foreign owned companies and headquarters, and almost half of the Northwest's Top 500 businesses. Manchester City Council also plays a uniquely active role in business, where it owns key infrastructures such as a 35.5% stake in Manchester Airports Group, which owns other UK airports such as London Stansted Airport, and is the owner of the City of Manchester Stadium, home to one of the world's highest earning football clubs.