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South East Midlands features highly in the High Growth Index 2014

3 September 2014

The newly launched Grant Thornton’s High Growth Index of places 2014, based on economic and demographic measures, shows the pivotal role of a handful of cities for driving regional growth. 
 
Outside of London, the Index identifies that Milton Keynes ranks alongside Manchester and Birmingham as the strongest performers.
 
The report states: “As the UK emerges from the worst economic crisis in many generations, increasing attention is being given to delivering and supporting economic growth.
 
"National policy makers are focused on providing the investment and levers to facilitate this growth while, at the local level, decision makers are working hard to ensure that these levers are used to maximum effect. The result is that growth – its stimulation, acceleration and maintenance – is at the forefront of national, sub-regional and local agendas”.
 
Commenting on the findings, Daniel Charles Mouawad, SEMLEP’s Chief Executive said: “For any given city, an increase of housing and dwelling stock partly reflects the growth in the resident population, whilst the stock of commercial and industrial floorspace indicates the impact of economic growth. 
 
"That balance, crucial for sustaining economic growth, applies to most cities across the UK. That is why it is particularly refreshing to note that the South East Midlands cities, including Milton Keynes, Northampton and Corby have featured so highly in the High Growth Index 2014”.
 
View the full Grant Thornton report HERE.

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