Peterborough’s status as a dynamic business centre has been
underlined by new research that ranks the city in 15th position in a
‘competitiveness index’ that compares the country’s top 56 city
Peterborough is also shown to be one
of the four most productive non-metropolitan cities, along with
Norwich, St Albans and Southampton.
Gloria Milne, chief executive of
Greater Peterborough Investment Agency, welcomed the survey results as
further evidence to support the campaign to promote the city to
companies that wish to relocate or expand.
“This is further good news for
Greater Peterborough,” she said. “Official government figures
reveal that the East of England is the third best region for economic
performance after London and the South-East.
“This research provides further hard
evidence about Peterborough’s attractions as a business location. We
now need to continue our efforts to increase the number of
knowledge-based businesses and enhance the city’s performance so
that we achieve an even higher ranking next year.”
The 2002 UK Competitiveness Index has
been compiled by Robert Huggins Associates, a research-based economics
consultancy and think-tank. It measures overall competitiveness by
benchmarking a range of economic factors including: productivity,
gross domestic product per person, economic activity, business
density, proportion of knowledge-based businesses, unemployment rates
and average earnings.