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Warrington’s economic performance as a Borough is impressive:
Warrington is the place to be with:
• A population of 207,000 which is larger than many cities including Chester, Oxford and Aberdeen
• Home to around 8000 businesses employing 115 000 people and 17 of the largest locally controlled businesses have their headquarters in the borough.
Centre for Cities annual health check of UK cities, Cities Outlook 2014 (January)
• Warrington has jumped from overall 54th place in 2008-09, 25th (2009-2012) and is now ranked 10th (2009 -13). This ranking is based on how Warrington has performed against the number of claimants to estimated changes in jobs; work-place weekly wages; the size of the business base and house values.
• Warrington has a consistent presence in the top ten for all measured criteria. It was ranked:
• 5th in the top ten cities with the highest proportion of private sector employment – ratio of private sector to public sector employment
• 7th highest in terms of both employment rates and private sector jobs growth. Warrington is placed even higher at 4th in terms of the ratio of private sector to public sector employment
• 10th in terms of highest weekly earnings. Average earnings at £507 per week
• 10th in terms of private and public sector jobs growth with a 2.7% increase
• The borough has the fourth highest jobs growth in the UK (at 4.5% – only bettered by Edinburgh, Brighton and London).
• Only five cities maintained their position in having the highest employment rates per capita including Warrington who are ranked 3rd with 77.8% (only topped by Reading and Gloucester). This marked a 2.3% increase on the data from the previous year.
Centre for Cities report, SmallBusiness Outlook 2014 (June)
Warrington SME performance
• Number one in the UK for high growth (2010-2013)
• 9th highest in terms of SME expansion (2008 – 2013)
• 10th highest in terms of SME’s investing in ‘high growth strategies’
Centre for Cities annual health check of UK cities, Cities Outlook 2013
• Best performing ‘city’ in the region
• One of the few ‘cities’ in the country which has economy improved in the second half of the recession.
Municipal Journal findings 2013
• Top ten cities for overall economic performance outside London – Warrington is seventh
• Top ten cities for business and enterprise – Warrington is fourth
• Top ten cities for human resources outside London – Warrington is seventh
• Top ten cities for the labour market – Warrington is second
• Top ten cities for knowledge workers – Warrington is sixth
• Top ten cities for skills and qualifications – Warrington is ninth
• Top ten cities for quality of life – Warrington is second.
Santander Findings 2013
• Top 20 towns for business after statistics have found higher than average company start-up rates and employee satisfaction in the town
UHY Hacker Young 2013
• Placed Warrington postcode WA1, as the top location in the UK outside of London for new business start ups.
Start Up Britain/Cabinet Office 2014 ‘Warrington is a start up hotspot’
Figures released by Start Up Britain indicate that some 6,776 new businesses were registered in Warrington in 2012. Regionally Warrington was only bettered by Manchester (with 11,765 registrations). Greater London topped the UK table in which Warrington was ranked ninth and Manchester third overall.
NW Business Insider Growth 100 2014
Fastest growing businesses in the NW region
• Warrington’s Secured Express topped the table.
• Five Warrington businesses in the top 30 (compared with Liverpool’s four and Manchester’s three)
MEN Business Week Fastest 50 2014
Fastest growing businesses in the Greater Manchester and neighbouring regions (figures compiled by Durham University)
• Five Warrington Businesses in the top 50
Duport Business Confidence Report 2013
• showed an 80% rise in net company growth in Warrington during 2012, almost double the UK average of 44%. The number of Warrington start ups also showed a 24% increase on the number recorded the previous year. Average UK growth trailed at only 9%.
Liverpool University list of the North West’s top 200 businesses 2013
• list of the top ten best performing businesses is dominated by Warrington based companies with four included compared to only one each for neighbours Liverpool and Manchester. It is a similar picture for the top 20; Warrington has six businesses in the top 20, compared with Liverpool’s three and Manchester’s two.
• A total of 18 Warrington based businesses feature in the top 200 generating a combined turnover of nearly £19.5 billion.
The Sunday Times/BDO National Top Track 100 2014
• shows Warrington based European Metal Recycling placed 10th with sales of over £3.1bn and Warrington based engineering recruitment consultancy Fircroft at 59th up from 85th place the previous year with with sales of £898m.
Department of Education 2014
• second in the UK with 98% of Warrington 16 and 17 year olds in education or training.
The Sunday Times’ 101 Best Places to Live in Britain 16 March 2014
• Lymm in Warrington ranked 70 – ‘part village, part town – and brilliant at both’ with a good supply of housing choice on its doorstep.
• Warrington ranked 74 – ‘the connections are second to none’.
Warrington Annual Property Report 2014 Findings:
• Warrington’s industrial property take-up for 2013 was the highest recorded (since the reports began in 1998). With a total take-up of nearly 2 million sq ft this was 31 percent greater than the previous high (2010).
• 2013 was also a record year in terms of the highest industrial rental achieved with Travis Perkins agreeing to pay £3 million a year for their 700, 000sq ft unit (currently under construction at Omega).
• Warringtons investment market was up 75% on the previous year. £140 million worth of assets were traded.
• Warrington’s office market saw its highest level of activity since 2001. Take up exceeded 323,000sq ft and 46 businesses chose to relocate to Warrington.
• Warrington’s retail offer continues to improve. Golden Square saw the arrival of Primark on December 2013 and with 140 retailers, it is now close to full occupation.
• Average house prices in the Borough rose by 6.97% against a national rise of around 5.85%. The average house price is now £183,000, nearly £20,000 more than Manchester.
Top Companies in Cheshire & Warrington by Turnover (Experian Report June 2014):
• Warrington featured five in the top ten with the list headed by Betfred (combined turnover £16.2 billion)
• Warrington featured seven businesses in the top 20 (Betfred, Certas Energy,UU, Fircroft, talktalk, NW Electricity, Eddie Stobart
Hot Prospects in Cheshire & Warrington by Turnover (Experian Report June 2014):
• Warrington featured two in the top five (Advanced Bionics and Blue Machinery)