The UK’s cities, and especially those in the North of England have borne nearly three-quarters (74 percent) of all real-terms local government funding cuts in the last decade despite being home to just 54 percent of the population, according to Centre for Cities’ annual Cities Outlook 2019 report – the Centre’s annual health check on UK city economies. This is equivalent to a reduction of £386 per city dweller since 2009/10, compared to £172 per person living elsewhere. Cities Outlook 2019  reveals a clear geographical divide in where cuts to cities have fallen, with the top five worst affected cities all located in the North of England.

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Oxford Economics has published its annual Global Cities research report projecting the shifting landscape of the world’s leading cities from 2019 to 2035. It examine which major cities will be the urban superpowers of the future and which are poised for the most rapid expansions of their economies, populations and business heft. Its main finding is that Asia’s cities, especially those in India such as Surat (pictured) and Agra are making huge strides, although New York, Tokyo, Los Angeles and London stay as the metropolitan superpowers. New York maintains pole position while Tokyo falls below Los Angeles and London in the ranking.  (more…)

Improving skills levels and new business formation have been the key long-term drivers of growth for UK cities since the financial crisis, according to the latest Demos-PwC Good Growth for Cities 2018 index that ranks cities on a combination of economic performance and quality of life. The latest Index analyses a decade of economic and social data to determine what long-term factors drive Good Growth. PwC analysis shows that the average city in our index has improved its good growth score significantly over 10 years from 2005-7 to 2015-17, and has now more than recovered from the recession and downturn triggered by the global financial crisis.

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CBRE has released Our Cities, Knowledge for the future, a report and microsite which explores how British cities might look and feel in twenty years’ time. The research claims to cast new light on the complexity of the future city. The project examines what will make a successful city through a collection of over 80 separate articles with insights on areas such as diversity, culture and sport, the economy, sustainability, governance, health, transport and placemaking. In doing so it identifies innovation, culture, and governance as being crucial to the success of British cities.

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