The Business Evolution of Manchester
Manchester might still be sitting in the shadow of London somewhat, but this vibrant city is growing at an incredible rate. You will find many world-class universities within easy reach and an investment agency that has a staggering success rate for helping new businesses get started in the city. It’s also a major hub for healthcare research and development, and then there’s the talent pool and a formidable transport system.
From the Industrial Revolution to Cosmopolitan Manchester
Manchester began growing at an exponential rate in the 19th century which was primarily due to the textile industry during the industrial revolution. Although settled by the ancient Romans, the Victorian era is visible on every corner. You will also find an outstanding transport system, but much of the population has relocated to the surrounding countryside in recent decades. This move was necessary for many people, for Manchester was a place of opportunity throughout this time, and large numbers came from Ireland, in particular, to search for work. Later on, large numbers of immigrants from other European countries began arriving, and this is precisely why Manchester has the second-highest population of Jewish people in the United Kingdom. However, not everything lasts forever, and this was certainly true about the industrial revolution, which declined in the mid-20th-century. Social and economic conditions were especially difficult during this time, but the 1990s brought investment, gentrification and a renewed sense of vigour for the city. Today, Manchester is home to many prominent education facilities, broadcasting networks and sporting arenas. It’s also now one of the most cosmopolitan cities in the world and an exciting alternative to London for business owners.Business Opportunities in Manchester - A Thriving Hub for Every Industry and Business in the UK
Believe it or not, the number of businesses in Manchester grew from 79,000 to more than 105,000 in recent years.
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