A study by accountancy firm KPMG comparing business costs across 112 cities has rated Manchester as number one in Europe and number four in the world, with costs seven percent lower than in London. Twenty-six business costs were looked at in the survey including labour, transport and utilities, cost of living, availability of talent, quality of life and economic conditions.
Tim Newns of MIDAS, Manchester’s inward investment agency, said: “This report confirms Manchester’s place in an elite peer group of the world’s top business cities… Our superb universities and colleges, world-class airport and transport communications, a ‘can-do’ attitude and excellent quality of life for relocating executives give Manchester every opportunity to further build on the strong inward investment results of the last year”.
