Manchester has firmly established itself as the UK’s second city. It is the administrative and commercial hub of the North West region and it is the largest and fastest growing city regional economy outside of London with a gross added value of £62.8 billion. The city is globally recognized for its world class education and research, commerce, culture and its two global football superpowers.
Greater Manchester has a population of £2.7million with over 500,000 people aged 20-34, making it the largest regional millennium population. The City also has the largest student population in Europe with over 100,000 students across 5 universities, producing approximately 36,000 graduates annually. More than 60% of graduates stay in the North West region to work, providing businesses with a highly skilled and sustainable pool of graduate talent. As such, 80 of the FTSE 100 companies are currently represented in Manchester.
It is a dynamic regional city and a global destination for business, with a number of leading sectors including advanced manufacturing, financial and business services, life science and healthcare and a digital and creative sector worth more than £4.4 billion annually. Some of the world’s leading brands including Amazon, BNY Mellon, Kellogg’s, Boohoo, Jaguar Land Rover and Cisco, have chosen to make Greater Manchester their home. As a result, Manchester has seen job growth of 84% between 2002-2015, and the Annual UK regional Economic Forecast anticipates no slowdown, with Manchester’s employment growth expected to sit at 1.2% a year, equivalent to 16,300 new jobs.