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Six of the seven cities in the East Midlands included in PwC’s Good Growth for Cities Index are out-performing the UK average on income distribution, measured by the ratio of median to mean income, an indicator of wealth equity.
The Demos-PwC Good Growth for Cities Index ranks 51 of the UK’s largest cities (generally considered those with populations of at least 350,000 people), plus the London boroughs as a whole, based on the public’s assessment of 12 economic measures, including jobs, health, income, safety and skills, as well as work-life balance, housing, travel-to-work times, income equality, high street shops, environment and business startups.
Leicester maintained its position as the region’s highest ranking city (20th), despite slipping down slightly from 16th position in the previous index. Derby, Lincoln, Nottingham, Northampton and Peterborough have all seen an increase in overall rankings on the index, with Northampton achieving the biggest increase, moving from 42nd to 39th. The full East Midlands rankings are below:
Leicester – 20th Peterborough – 22nd Derby – 23rd Lincoln – 24th Nottingham – 35th Northampton – 39th
The report states that the East Midlands is expected to see slightly slower economic growth compared to the UK average in
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