A look at the projected growth of the regions with links to key investment opportunities and data for the main cities
The North has historically been the manufacturing centre of the UK – and little has changed.
From Nissan’s car manufacturing plant in Sunderland to Bentley Motors in Crewe, advanced manufacturing plays a major role in both the North East and the North West.
Meanwhile Yorkshire & Humberside, which has historically been a manufacturing centre itself, is now making inroads into finance.
Though the North is home to a number of major cities that are growing and making a name for themselves, such as Manchester and Liverpool, the key challenge for the region’s three metro mayors is connectivity.
The North still lacks easy east-west transport between the cities and HS2 will not solve everything.
But if the government follows through on plans such as the high-speed Northern Powerhouse rail development, new opportunities will certainly arise.
North East
Projected growth 2017-2027
16.2%
total GVA
14%
GVA per employee
2%
employment
Source: Cebr/Irwin Mitchell
North West
Projected growth 2017-2027
14.5%
total GVA
12.6%
GVA per employee
1.7%
employment
Source: Cebr/Irwin Mitchell
Yorkshire & Humberside
Projected growth 2017-2027
13.6%
total GVA
11%
GVA per employee
2.4%
employment
Source: Cebr/Irwin Mitchell
Main image: Stefan Boness/Ipona/Sipa/REX/Shutterstock
A look at the projected growth of the regions with links to key investment opportunities and data for the main cities
The North has historically been the manufacturing centre of the UK – and little has changed.
From Nissan’s car manufacturing plant in Sunderland to Bentley Motors in Crewe, advanced manufacturing plays a major role in both the North East and the North West.
READ MORE: Regional investment guide to Leeds
Meanwhile Yorkshire & Humberside, which has historically been a manufacturing centre itself, is now making inroads into finance.
Though the North is home to a number of major cities that are growing and making a name for themselves, such as Manchester and Liverpool, the key challenge for the region’s three metro mayors is connectivity.
READ MORE: Regional investment guide to Manchester
The North still lacks easy east-west transport between the cities and HS2 will not solve everything.
But if the government follows through on plans such as the high-speed Northern Powerhouse rail development, new opportunities will certainly arise.
North East
Projected growth 2017-2027
16.2%
total GVA
14%
GVA per employee
2%
employment
Source: Cebr/Irwin Mitchell
READ MORE: Regional investment guide to Newcastle
North West
Projected growth 2017-2027
14.5%
total GVA
12.6%
GVA per employee
1.7%
employment
Source: Cebr/Irwin Mitchell
READ MORE: Regional investment guide to Liverpool
Yorkshire & Humberside
Projected growth 2017-2027
13.6%
total GVA
11%
GVA per employee
2.4%
employment
Source: Cebr/Irwin Mitchell
READ MORE: Regional investment guide to Sheffield
Click here for EG’s guide to investment opportunities in the North
Main image: Stefan Boness/Ipona/Sipa/REX/Shutterstock
