Tuesday, 13 January 2015

Good to make the case for the North East economy today - short speech in the Commons on NE business success story

The North East last year was the region with :
-         the most technology start-ups [300] outside of London,
-         and fastest rate of growth in private sector business nationally over the Autumn quarter:

Fact checker:
Technology start ups:

Private Sector Growth by PMI Output
The graph below shows the regional PMI Output Indexes for the UK. An average of the latest three months is used. All 12 UK regions registered an increase in private sector business activity on average over the third quarter of 2014. The fastest rate of growth was seen in the North East, while Scotland registered the slowest expansion: PMI = Purchasing Managers Index [Lloyds Bank]

And ….Worth making the point that we are also the region with the highest rise in the value of its exports