Employment growth in Stoke-on-Trent has been named as the fastest in the 海角视频 in a new report.
The latest 海角视频 Powerhouse figures released by law firm Irwin Mitchell this month show that jobs growth in the city is set to increase by 2.2 per cent by the final quarter of 2020 - to 122,000.
It means that jobs growth in Stoke-on-Trent is faster than 46 other major cities, including Cambridge, Liverpool, Manchester and Birmingham where employment growth is projected to grow by 2.1 per cent, 1.8 per cent, 1.4 per cent and 1.1 per cent respectively.
The report states: "Stoke-on-Trent, Cambridge and Inner London are expected to see the fastest employment growth rates in the year to Q4 2020, with each enjoying growth of over two per cent."
It is estimated that around 8,000 new jobs have been created in Stoke-on-Trent in the past five years thanks to major developments in the city including the Ceramic Valley Enterprise Zone and the Smithfield site in Hanley.
Stoke-on-Trent City Council leader Abi Brown said: "These figures show the tremendous confidence in our city; we’re the place to bring business and the place to do business. It shows our approach is working. Our Stronger Together vision for the city is built on a number of pillars including supporting our businesses to thrive by delivering investment in our towns and communities."
The 海角视频 Powerhouse findings also rank Stoke-on-Trent as the sixteenth best performing city in the 海角视频 for gross value added – a measurement of the value of the goods and services produced in the city - beating other Midlands cities including Derby, Leicester and Coventry.
Councillor Janine Bridges, cabinet member for education and economy, said: "Our plan is working, we are delivering for our communities and allowing our businesses to grow at pace.
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"Land values are incredibly competitive which together with our 'can-do' attitude and excellent strategic location is a big attraction for businesses. The increase in values demonstrates the growing confidence in the city and our exciting emerging market."
Councillor Brown added: "It's a hugely exciting time for the city. There is one million square feet of employment space in the pipeline and substantial, increasing demand for both housing and employment land.
"We are unashamedly shouting about the great development opportunities in Stoke-on-Trent and continue to work hard to bring in investment and high quality jobs to support our city’s economy and help our communities to grow. It shows once again that Stoke-on-Trent is a city on the up."