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OurWorld…passionate about business02-Dec-08
Welcome to UK Trade & Investment today

North-west 'is robust’

A regional business leader has suggested the new-west economy is robust.

A regional business leader has suggested the new-west economy is robust due to investment from the Government and private sector as well as growth and rising employment.

Speaking at the Northwest Regional Development Agency's annual conference, Chief Executive Steven Broomhead suggested that the area survived the worst economic condition seen for 30 years.

He told delegates: "The north-west has strengths in sectors which are likely to be more resilient, including energy, defence, advanced manufacturing, engineering, science and innovation.

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Mr Broomhead also pointed to the success the region has in attracting foreign direct investment, noting the north-west has drawn in 150 projects over the past year and is the leading region outside of London in this respect.

In addition, the expert claimed knowledge-based firms are the driving force behind the north-west's economic success and also applauded the achievements of the automotive and creative sectors.

Earlier this month, Sir Howard Bernstein, Chief Executive of Manchester City Council, suggested further inward investment could be sparked by the acquisition of Manchester City football club by an Abu Dhabi consortium, the Manchester Evening News reported.



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