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Northampton making “the best economic recovery”

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A Government think-tank has listed Northampton as making the best recovery from recession.

The Centre for Cities monitors the performance of the 63 largest towns and cities in the UK.

Their latest annual ‘Cities Outlook report’ charts the recovery of each town and city since 2008.

The report looks at how the recession has affected individuals and businesses in terms of job creation, average wages, numbers and size of businesses in the area and house prices.

Of all 63 locations, Northampton makes the largest leap improvement up the rankings.

In 2008 Northampton had been among the worst affected places, rated 61 out of 63. But in the last three years the town has leapt into the top ten, now rated as seven out of 63.

This places Northampton above Milton Keynes, Cambridge, Leicester, Birmingham, Manchester and Nottingham. Of the six towns and cities ranked higher in the new report town, each started in a stronger position and none have made the same progress Northampton has since 2008.

Councillor David Mackintosh, leader of Northampton Borough Council said: “This is yet more recognition that the confidence in our town is well deserved. The report makes interesting reading, and it shows just how far we have come.

“Through Northampton Alive we have been able to highlight all of the progress being made across our town. As well as lots of exciting Northampton Alive projects, we also have an Enterprise Zone which is making it easier to do business in our town.

“This does not mean we are immune to the wider economic climate, but it does show how the steps we have taken are making a difference and that we are in a much stronger position than we were in 2008.”

The 2013 Cities Outlook has been published by the Centre for Cities is available online at: www.centreforcities.org/outlook13

More information about Northampton Alive can be found on the Borough Council’s website: www.northampton.gov.uk/northamptonalive

 

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