Oxford and Reading top the league in the latest PwC ‘Good Growth for Cities’ report with Bradford and Liverpool the most ‘improved’ cities over the past year.
The index measures the performance of the UK’s largest cities against 10 indicators the public consider important to economic wellbeing. These include links to jobs, income, skills and health along with housing, transport, work-life balance, new business and the environment.
While the top 10 cities show mixed fortunes in terms of current annual property price growth, in all but one of the ten most improved cities, property prices are currently on the rise.
Cities in the North West all rank above the national average for work-life balance, with new businesses and jobs driving growth across the Midlands. Across Yorkshire and the North East, all nine cities in the index score above the national average for house price to earnings ratio.
Despite Brexit London remains in the top half of the index (ranked 16 out of 42 cities), scoring well on new businesses per head, income and skills.
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