With a population of 2.5 million and a workforce of 1.2 million, Greater Manchester is the economic powerhouse of the North West, contributing a massive £28 billion to the region’s GDP.
Over the last decade, an extensive regeneration programme has transformed the city, which boasts a world-class economy based around financial services, computing, engineering, research, broadcasting and communications.
In the last decade, the number of 20 to 30-year-olds living in the city centre has almost doubled and the city’s 19% population growth since the last census is almost three times the national average. Manchester also has the UK and Europe’s largest university campus and is home to over 85,000 domestic and international students.
Spectrum apartments - Manchester
The city centre boasts a host of excellent restaurants, bars and nightclubs and is famous for its vibrant music scene. Manchester’s excellent fashion and lifestyle shopping offers everything from high street brands to exclusive designer labels and the 1.5 million sq.ft. Arndale Centre is Europe’s third largest city centre shopping mall attracting almost 40 million visitors each year.
Greater Manchester also boasts the highest density of professional football in the world with Manchester United and Manchester City helping to position the city as the UK’s football capital. The city is also renowned as the home of British Cycling; Team GB track cycling team stars such as Sir Chris Hoy and Victoria Pendleton MBE regularly train at the National Cycling Centre at the Manchester Velodrome.
In 2012, the BBC moved its Radio 5 Live, research, sport and children’s programming to MediaCity on the banks of the Manchester Ship Canal. It is estimated that the move, which was part of the Corporation’s decentralisation from London will create thousands of jobs and add £1 billion to the regional economy.
Transport links by road, rail and air are excellent. The city has the most extensive bus network outside London serving around 90 million passengers a year. Twenty five per cent of the UK’s motorways run through Manchester and the city has five rail stations serving central Manchester and linking with the Metrolink rail tram service, which operates throughout central Manchester.
Manchester Airport is the UK’s largest regional airport and the UK’s third busiest. 22 million passengers travel through the airport each year, which is served by 100 airlines offering direct flights to 225 worldwide destinations.
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