Great Marks For Second City In Good Growth Index
Birmingham has received further prestigious recognition of its status as a highly compelling investment destination in widely respected nationwide research.
The second city has been cited as the most rapidly improving location in the UK in which to live and work in the annual Good Growth for Cities index, which is compiled by global consulting group, PwC and leading think-tank, Demos.
The report, which takes into account a variety of indicators including transport, work-life balance, inequality and health, as well as income levels, confirmed Birmingham was the most rapidly improving of the 42 UK cities polled, ahead of Leeds, Leicester and the capital.
The findings represent the latest in a long line of plaudits received by Birmingham as it ramps up it’s already strong national and international appeal. In addition to record levels of inward investment from major employers embracing the city such as HSBC and HMRC, the second city is enjoying significant falls in unemployment alongside major changes to its transport infrastructure with the impending arrival of HS2.
Commenting on the news, Andy Foote, director at SevenCapital says:
The savviest investors look for a variety of factors beyond just current market price and potential yield when considering potential investment locations. This wide-ranging research paints a hugely complimentary picture of a city primed to grow and improve further and will no doubt, give extra comfort for new investors looking to buy into the Birmingham story.