Bristol well placed to benefit from economic recovery report shows
Bristol is one of the best placed cities in the country outside of London and the South East to take full advantage of the economy’s return to growth, according to new research.
The Cities in Recovery report, put together by leading property firm CBRE, looks at a number of factors that will affect 20 major regional UK cities.
These include educational levels, the growth of new businesses and the potential for economic growth following five years of recession.
The findings indicate that Bristol is one of the best educated cities in the UK.
It is fifth behind only major university locations such as Oxford, Cambridge and Edinburgh in terms of the number of people with a high level of academic qualifications.
Philip Morton, Head of Office Agency & Development at CBRE Bristol, comments: “It comes as no surprise that Bristol is one of the cities best set up to benefit most from the economic recovery.”
The report also highlighted that Bristol is one of the cities that will most benefit from new found confidence in the financial services sector, an area hit badly by the recession.