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“PETERBOROUGH’S ECONOMY IS ANTICIPATED TO GROW BY 40% FROM £6.2BN GDP TO £8.7BN GDP IN 2025. IT WILL BE ENGLAND’S FASTEST GROWING CITY.” ~ MCKINSEY REPORT

1st fastest-growing city by population. Annual growth rate 1.6%

 

2nd city with the highest private sector employment growth with 5.4% change

 

5th city with the highest housing stock growth with a 0.9% change

 

7th city with the highest proportion of private sector employment with a 3:6 private to public ratio

 

8th city with the highest rises in house prices with a 3.5% annual growth rate

 

8th city for annual mean house price growth (2012-13): 3.61%

 

* Republished with permission from Invest in Peterborough

Fall in JSA Claimant Count figures from 5.2% – 3.4% (May 2013-2014)

 

Employment rising from 69.12% – 70.81% (2012-2013)

 

Average weekly earnings £464.50 in 2013 – increased from £453.38 in previous year

 

Growth in mean house prices (2012-13) – £5,500. Ranked 13th

 

* Republished with permission from Invest in Peterborough

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