Plymouth’s economy ranked 5th highest in the UK for Good Growth
According to the latest publication of Demos-PwC Good Growth for Cities, a report which measures the performance and characteristics of 50 UK Cities. Plymouth came 5th highest overall, with particularly strong performance in the variables of income distribution, work-life balance and transport. In addition, Plymouth was also ranked 1st for the most improved city, with the highest overall change in the Good Growth score from last year to the current year. This ranking highlighted the major improvements seen in Plymouth for measures such as jobs and work-life balance.
The report also produced Good Growth Index scores for Local Enterprise Partnerships (LEPs), this found that the whole South West region performed strongly for Good Growth this year when compared to last. Considerable improvements in scores were seen for the Heart of the South West as well as Dorset and Cornwall and Isles of Scilly.
The Demos-PwC Good Growth for Cities Index covers a broad set of measures of economic wellbeing including factors that the public identifies as being most important to their work and finances. These measures fall across a wide-variety of categories including jobs, income, health, safety, housing, transport, skills and the environment. In particular, this year’s Good Growth for Cities Index shows the public is placing increased importance on income, jobs and the fair distribution of wealth.