Glasgow Chamber of Commerce. Breakfast Meeting 5 October 2004. The way we were…. Jobs decline from 382K to 326K 81-93…..56,000 jobs lost Economy shrank by 2% 87-92…while the Scottish economy grew by 1.5% 1990…..54K registered unemployed….17% 1990 ….employment rate was 56%.
5 October 2004
….The agenda for Glasgow has been set….
“Our vision is clear. We want Glasgow to be one of the most dynamic, economically competitive and socially cohesive city regions in Europe”…..
City Centre Action Plan
Tourism Action Plan
Welfare To Work Forum
Glasgow Film Office
Glasgow North Canal Regeneration
Glasgow Harbour local labour Programme
Glasgow Works programme
Glasgow Business location service
………..Glasgow’s contribution to the
Scottish economy ….
….. A strong economic performance
…. and forecast to continue… with a growing share of Scotland's jobs and GDP
25 Edinburgh 35K
29 Glasgow 32K
34 Bristol 29K
43 Leeds 26K
56 Birmingham 22K
57 Manchester 22K
58 Newcastle 20K
61 Liverpool 16K
Source Barclays Bank : 61 European Cities
% Employment changes 03-06
Source : ExperianAnd is ahead…. of other UK cities….
GDP per capita
Source : Parkinson et al 2003
% annual growth 2003-13
Source : Experian
(Q +S III)
Glasgow’s economic activity rate has grown by 9% since 1990, but remains 10% below the Scottish rate.
Investment required nationally for QSIII £6.5B but the engineering industry can only deliver up to £500m per annum
Multi-agency solutions will be required