UK cities with strong tech and life science sectors such as Cambridge will continue to outperform those with economies based on agriculture and manufacturing in the months following Brexit – but their growth is likely to slow significantly, predicts a report by the Centre for Economics and Business Research (Cebr).
The research, carried out for law firm Irwin Mitchell, predicts that Cambridge will be the UK’s top-performing city in the second quarter of 2019, growing by 2% in gross value added (GVA), followed by Reading and Milton Keynes, each growing 1.9%. Belfast is expected to be the slowest growing, at 0.4%, followed by Middlesbrough and Swansea, each tipped for 0.5% GVA growth.
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