Derby’s economy is faster growing than Nottingham’s says report

The UK Powerhouse report, which provides quarterly measures of regional economic performance puts Derby ahead of Nottingham for fasting growing city in business terms. 

 

The report, published in July, states that Derby’s economy grew by 2.3% in the year to Q1 2017, where Nottingham’s economy grew by 2.2%and Leicester reports annual growth of 1.9%.

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The report also found that the annual rate of job creation in Nottingham was 1.4%, higher than Leicester at 1.2% and Derby at 1.1%.

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