Tuesday 09th August 2022
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Regional Economic News

Region’s major cities fare well in index of ‘economic wellbeing’

Norwich, Luton, Ipswich and Cambridge have been ranked among the top 20 best performing cities in the annual Demos-PwC Good Growth for Cities Index. Norwich ranked sixth of 50 for the best performing city in the index, which ranks large urban areas on key economic wellbeing factors. Southend was ranked the lowest out of all cities in the East and South East.

Simon De Young, Cambridge market senior partner at PwC, said: “It’s encouraging to see so many of the cities in our region performing well in the index, particularly in terms of jobs and incomes. When we look at the difference between areas like Norwich and Southend, it is clear to see the inequalities that local leaders and businesses need to work together to address.” Norwich saw the highest increase in skills for youth in this years’ index, whereas Cambridge performed well on jobs, income and health. In Ipswich, work-life balance and new businesses are on the rise and Southend has seen improvements for skills for adults.

 

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