Innovation in Deloitte North West
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A quantum leap in the development of technology has been seen over recent years. The convergence of rapid technological advancements and urban planning is driving an evolution of human behaviour, and encouraging us to reconsider the way that we communicate, live, work and play. Such advances are infiltrating the way in which modern cities work.
Cranes continue to dominate the Manchester skyline as residential development maintains its upward trajectory, exceeding 2008 levels for the second year running, according to Deloitte Real Estate’s Manchester Crane Survey.
There is much debate around what impact Brexit will have on London as the leading international financial centre, but about half of the industry’s gross value is actually generated outside the M25. As Deloitte’s managing partner for regional markets and the newly appointed TheCityUK Chair for Greater Manchester, I am delighted to have a role in championing the in the North West and contributing to its long-term success.
New analysis found that the number of outbound cross-border deals involving north west technology, media and telecoms (TMT) businesses over the last two years has more than doubled.
The technology, media and telecoms sector in the North West continues to thrive, with the region’s six key clusters now home to 755 companies, according to new research.
Our latest Cross Border Deals Radar, conducted in partnership with Experian Corpfin, reveals that the value of inbound deals has nearly trebled over the last 12 months – up to £1.1bn from £305m in 2016.
Disrupting the disruption – the effect of digital disruption on real estate, infrastructure and the construction industry
Digital disruption is something that working in property and construction we hear a lot about. According to some, robots are coming to take our jobs and soon we won’t need to learn to drive either. Without sounding sceptical, this is currently quite a far cry from the industry we work in. Property, infrastructure and construction in general is still a rather traditional industry when it comes to how we work, albeit some technology advancements.
The value of international market transactions rose by 60 per cent in 2016. The statistics, in partnership with Experian Corpfin, show that despite the marked increase in spend, the number of transactions dipped 30 per cent from 44 to 31 over the year, giving an average deal size of £20m, more than double the £9m seen in 2015.
This week saw the UK launch of Deloitte’s technology, media and telecommunications predictions hosted in Manchester. In its 16th year the annual report reveals the perspectives gained from hundreds of conversations with industry leaders and tens of thousands of consumer interviews across the globe.
The newly published Greater Manchester Spatial Framework is already making headlines, principally because it suggests making the first substantial changes to the green belt that we have seen in a generation.
However whilst we are sure there will be a lively debate about green belts and new housing allocations, from our perspective there are other matters bound within the plan that are perhaps even more worthy of note.