We are moving to Liverpool! Can you imagine! The accent, the culture, and being nearer to friends there! If the gaze long enough on the facts below, we will definitely consider making the move!
Who wouldn’t want to live in an area where it’s vibrant and employment levels are high?
In August 2018, nationally published employment data found that things are looking up when it comes to job growth in Liverpool. The data found that the number of Liverpool residents in employment had increased by 19,200 compared to the previous year. While the North West region still has the highest levels of unemployment compared to the rest of England, Liverpool’s rates of employment are surpassing that of the North West and the nation as a whole.
The success of Liverpool’s business scene and the high levels of employment have made the city not only attractive to graduates and those seeking employment but also to investors.
This sounds like a lovely place for our son and our daughter when they leave university!
The flourishing economy of the city has gained attention from those interested in investments, and with the city boasting some of the highest rental yields out of the UK, buy to let remains a great opportunity in this Northern city.
Leading property investment company, RW Invest, have a selection of buy to let properties in Liverpool, with impressive yields as high as 7 and 8%. With big regeneration projects such as the £5.5 billion Liverpool Waters scheme planned for the city, more and more jobs are set to be created, boosting employment levels even further for many years to come.
This presents an optimistic outlook for the already thriving Liverpool economy, with predictions for further growth to hit the city throughout 2019 and the upcoming years. This surge in employment levels is most likely led by the city’s burgeoning job market. Liverpool has received over £5 billion worth of investment in the last decade, and a number of big names in the business world such as Jaguar Land Rover, and Unilever are calling the city home and creating a number of new jobs.
It isn’t just the large-scale UK companies that are generating jobs for Liverpool residents, with the city also boasting a thriving startup scene. One example of a successful Liverpool startup is Mowgli Street Food, launched by Nisha Katona. Mowgli’s first restaurant opened its doors in Liverpool back in 2014, and now boasts restaurants in Oxford, Manchester, and Birmingham. The success behind Liverpool’s restaurant scene is a key indicator of the healthy business scene of the city, with new independent eateries, bars, cafe’s and stores opening up on a regular basis and creating numerous new jobs.
With a student population of over 70,000, Liverpool is one of the UK’s most popular University cities. Many of those choosing Liverpool for their studies are staying in the city after graduation, with a 31% retention rate. While a number of graduates are drawn in by business opportunities in large corporations like Shop Direct and Matalan, those fixated on a more creative role are also well catered for. The Baltic Triangle area of the city has been voted one of the coolest neighborhoods’ in the UK, with the Baltic Creative attracting the city’s ambitious entrepreneurs and graduates, start-up companies and creative professionals. More than 150 businesses from the creative and digital sector are based in the Baltic Creative, including some big names like Liverpool Biennial and Black and Ginger.
Coming with us? Liverpool does seem like the place to be and we can’t wait to check it out and share the news with others.
What’s your favourite UK City and why?