Nottingham 3rd for economic growth30 October 2007 An independent Europe-wide survey has ranked Nottingham third in the UK behind London and Birmingham - and ahead of Manchester - for wealth, growth and business environment.
The European Regional Economic Growth Index (E-REGI) shows cities and regions across Europe that have the greatest economic growth potential over the short-to-medium term, and so where demand for investment is likely to be strongest.
The highly-valued E-REGI measure of economic growth is in its ninth year and the latest report shows Nottingham-Derby ranked 30th - up by 26 ranks on last year and so one of the most improved cities in the UK, along with Birmingham and Cardiff.
Leader of Nottingham City Council, Councillor Jon Collins, said: 'We're clearly doing a number of things right and can look forward to a bright future for Nottingham.
'Our evolving economy is seeing growth in a diverse range of sectors, including science, creative industries and financial and business services. The investment in and potential of our Science City status is huge - as can be seen from the recent announcement of the £1bn Environmental Technologies Institute, for example.
'Investment in the physical and social fabric of the city, including transport improvements and increasing the good opportunities open to developers, as well as effectively tackling issues like crime and grime, also play a part in making Nottingham an attractive place for new and existing businesses. We're also working hard to ensure local people benefit from this growth and the opportunities it creates.'
Source:Nottingham City Council|