North West wins silver in economic growth race

This month, the Royal Bank of Scotland’s Regional Growth Tracker was released. While Yorkshire’s press didn’t have anything to say about it that would please its readers, the North West’s press was rightfully delighted to report on the results. The North West came joint second in a ranking of the UK’s fastest growing regions in the second quarter of 2015.

 

The region that boasts some of the UK’s most exciting cities like Manchester and Liverpool experienced a 0.6% growth in its economy, and was only beaten to the top-spot by London. The regional enterprise manager for RBS has put this down to the thriving media and tech industries in the region. As a B2B PR agency based in the North West, we certainly agree that our region is being taken more seriously in the media and tech realm, particularly with the prosperity of MediaCityUK. Not only that, our region has always had a forward-thinking and creative culture, so it’s great to see this translated into entrepreneurial spirit.

 

It’s also safe to say that we’re seeing a lot of support for start-ups in the North West. Liverpool and Cumbria have both introduced accelerator hubs that give guidance to entrepreneurs in the early stages of business growth. Next year, Manchester will launch its own start-up hub – Entrepreneurial Spark – that will offer guidance to SME owners in their quest for success. It’ll be interesting to see what the alumni of this hub go on to achieve.

 

The spokesperson at RBS also notes the boost in leisure facilities in the North West, citing the expansion of the premises for The Ice Cream Farm in Cheshire as an example. Evidently, the North West isn’t just the ideal place to establish a business- it’s the place to live a fun social life.

 

Let’s hope that the hard work of the North West’s entrepreneurs continues to pay off and that one day our economic growth even beats that of the capital…

 

Alex Brown has just started his career at Skout PR and will be a regular contributor to the Skout blog.

Browse more blog posts

Posted on
byClaire James
Chris Linsell left university with a degree in Economics and Finance but knew that this was not where his true interests lay. In 2004 he joined an independent creative advertising agency called Mustoes and has not looked back since. Q: Tell me a little bit about your background before joining Pirtek as Marketing Director Chris. A: As a graduate I...
Posted on
byLaaraib Khan
Why was PR your chosen career? I have always loved writing and all things creative. I remember in year 4 gathering a few people together and starting the school newspaper! Having dabbled in social media, digital marketing and music journalism, I fell into PR and have loved every second of it! If you hadn’t chosen a career in PR, what would...
Posted on
bySkout team
Why was PR your chosen career? It wasn’t! I have always been slightly obsessed with the media though. Since reading the news in the mocked-up news studio at Bradford’s National Media Museum as a child, the addiction has stuck. I worked in TV and broadcast media in Beijing for four years (which was an eye-opener) before coming back to the...
Posted on
byJames Weaver
On Sunday 31st July, England’s Lionesses ended 56 years of hurt by overcoming the goliath task of beating Germany 2-1 in the European Championship final to finally bring football home. It was fantastic to watch the team storm the post-match press conference to celebrate their well-deserved victory.  This got me thinking, how does one of the greatest sporting achievements for...
Posted on
byRebecca Brown
Whether you’re in B2B or B2C, promoting your brand and engaging with your audience through social media is marketing 101. It’s fast, free, and effective! Not only can you post updates about your company and employees to showcase the successes and personality of your brand but it’s an excellent way of sharing valuable content with key audiences. It’s no surprise that...
Posted on
byJames Weaver
London is often considered the epicentre for many of the UK’s varying sectors from entertainment to finance. But, when it comes to the tech sector, the North West stronghold of Manchester is arguably a hotbed for talent, startups and established tech firms. In 2019, £181 million of investment was pumped into the city’s tech sector, establishing Manchester as one of...
Posted on
byRebecca Brown
We chat with Lizzie Berwick, director and co-owner at media buying agency, MacCormack Media, about her varied role, all things media buying, and what makes a brilliant business relationship.
Posted on
byClaire James
By Claire James, head of client services and built environment specialist, Skout The construction industry is about to go through its most transformative phase for decades with the introduction of the Building Safety Act. These changes are driven by the still unfolding story of Grenfell, the public outcry, and the substandard building materials and practices used on this structure that...
Posted on
byRebecca Brown
More than half of B2B marketing budgets are devoted to building and maintaining relationships with new customers, but only a quarter of B2B marketers say their relationships are akin to a happy marriage.
Posted on
byRob
When you’ve worked in a B2B PR agency for over 25 years, it’s easy to forget that the ‘turbulence’ we experience daily isn’t the norm for many. This is because every agency day is different, you never fully know what to expect, and deadlines can be ludicrously short.  Growing agencies like us deal with a lot of uncertainty. The biggest...