Public policy in Deloitte North West
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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.
Manchester has secured its position amongst the globe’s top smart city destinations of the future, according to a major new study analysing urban mobility by Deloitte.
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.
It is this continued renaissance that fills the Liverpool delegation with confidence as we return to MIPIM, the international property festival in Cannes, with our largest delegation, a real energy in the public-private sector collaboration, and involvement from the wider City Region in the form of Wirral MBC and the Liverpool LEP. Collaboration and confidence, a great partnership.
Undoubtedly, Manchester is seen by many as the leading contender for UK’s second city, something that can be attributed to the strong leadership that has continued to drive forward regeneration relentlessly over a distinctive 20+ year period.
Construction is a high cost, high risk, long-term activity and is routinely looked to as a marker for the economic health of a city or region. Our Real Estate Regional Crane Surveys highlight this link between development and prosperity, examining the external influences and key market drivers of city centre construction.
Over 1,000 companies in the north of England are ripe for private equity investment, according to a new study.
Commissioned by the British Private Equity & Venture Capital Association (BVCA), Deloitte and NorthEdge Capital, the study examines the role private equity can play in unlocking the potential of the north, which lags behind London and the South East in economic growth and productivity.
The news that the staple of the High Street, Marks & Spencer are potentially going to close some of their worst performing high street stores may have sent a shiver through the market on Friday – but is it as bad as we might think? Possibly not. Whilst no one would doubt the importance to the health and vitality of a town centre than someone like M&S or indeed BHS, perhaps it is time to recognise that there is life after a shop closure.
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.