A financial outlook for our city

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A financial outlook for our city

London's showing the signs of a strong economic future.

According to new research, there has been a 30 per cent increase in the number of businesses and 750,000 more jobs in the last 10 years.

This has proven that the capital is London is driving the UK’s economy.

The report released by the Centre for Cities shows that business is booming for many cities in the south, however it is a different story up north. 

Employment is causing the North-South divide to grow even further, with figures showing that for every 12 new private sector jobs created here in the south, one is lost in the rest of Britain.

The report also released new figures stating that in the last 10 years the capitals population has risen by one million people.

Ben Harrison from the centre behind the study talks on how population and the geographical divide is effecting the economy and our city.

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