A major new study has revealed that Preston is “on the up”.
According to research published by Price Waterhouse Cooper, Preston has risen in the league table of UK cities according to the Good Growth For Cities Study.
The study takes into account several aspects such as;
- Work-Life balance – Preston is considerably above the national average.
- House price to earnings – Preston again is considerably above the national average.
- Jobs – Slightly above the national average.
Preston Council Chiefs were have praised the report and suggested a climb in the league table is “another strong showing for our city”.
Mark Whittle, of Preston City Centre Business Improvement District, said he was delighted with the findings.
He said: “There’s a lot of great things happening in Preston, not least city centre investment in the UCLan Masterplan, cinema project and new leisure brands choosing to locate here.
“More widely, the continued Government investment in the City Deal and the Western Distributor Link Road will add to Preston’s appeal, as a great place in which to work, live visit and invest.
“Preston is clearly an evolving city – the public and private sectors need to continue working together to attract investment and ensure Preston’s future is dynamic.”
Preston City Council chief executive Adrian Phillips added: “We are really pleased to see the results of this report highlight the continued great progress we have made, and are still making in Preston.
“This success is based on practical policies to build wealth for the whole community collaboratively with a number of partners.
“Employment, health, income and skills are important factors for economic success and wellbeing and we are proud to receive national recognition for the improvement in these areas that has been made in the city in the last 12 months.
“These developments improve the lives and prosperity of all Preston residents.
“There is still much work to be done, but we are up to the challenge and continue to invest in a future to benefit everyone.”