The GDP figures for Q1 2011 were released today and it's a moderate return to growth, with the UK economy growing by 0.5% in the first three months.
It's a welcome result for the Government, following the 0.5% contraction at the end of 2010. But it's not as high as they might have hoped. The Office for Budgetary Responsibility, for example, predicted 0.8% growth this quarter. While services and manufacturing did well, construction output dipped significantly (although some suggest the figures may be subsequently revised).
But what do the national GDP figures mean for towns and cities around the country? Centre for Cities analysis shows that in Q4 2010, all cities and Great Britain on a whole were either stagnating or had negative GDP growth.
In Q1 2011, all cities grew their GDP except one (Mansfield, which did not change). Average city growth was 0.3% and the city with the highest growth was Cambridge (0.6%). The table below shows the cities that grew the most over the last quarter and the cities that grew the least.
This city-level GDP series is constructed by Gavurin.
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