Summary
The article discusses how Manchester might be a model for economic growth in the UK. It highlights the city's successful strategies, including its growing infrastructure, business presence, and educational institutions. The city's economic growth is significantly higher than the UK average.
Key Facts
- Manchester's economy has been growing at 3.1% annually over the last 10 years.
- This growth rate is double that of the UK as a whole.
- New developments include skyscrapers and improved transport infrastructure like the Metrolink tram system.
- The city's population increased by 9.7% between 2011 and 2021.
- Major companies such as IBM, Booking.com, and government services like GCHQ have a presence in Manchester.
- The University of Manchester has the most applications in the UK and is a major contributor to the local workforce.
- The city housed around 100,000 people in its center by 2021 and is projected to grow significantly by 2035.
