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Probably depends on the baseline date used? The UK contracted in the shadow of the credit crunch, Birmingham was a particular victim. There would have been a fairly big upside in Birmingham once it rebounded, which could be presented as growth. The European economies reacted more to the Euro crisis and were probably experiencing stagnation over the survey period.

The UK cities have a bright future though, especially those of the "northern powerhouse" once the dynamic effects of HS2 are unleashed! £56Bn I read yesterday! That's more than the annual UK defence budget. Urm ......

[QUOTE="Warbler, post: 2543343, member: 65228"] Probably depends on the baseline date used? The UK contracted in the shadow of the credit crunch, Birmingham was a particular victim. There would have been a fairly big upside in Birmingham once it rebounded, which could be presented as growth. The European economies reacted more to the Euro crisis and were probably experiencing stagnation over the survey period. The UK cities have a bright future though, especially those of the "northern powerhouse" once the dynamic effects of HS2 are unleashed! £56Bn I read yesterday! That's more than the annual UK defence budget. Urm ...... [/QUOTE]

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