by Steve Park
TWO recently published independent reports have highlighted Warrington as a hotspot for business leadership and for property investment.
Research undertaken by the Centre for Economics and Business Research has placed Warrington in the top 10 cities in the North of England for producing the directors and business executives of the future.
The findings revealed that the next generation of business leaders is more likely to come from smaller towns than big cities and also indicated a north-south divide, with Warrington bucking the trend being the only location in the North to be ranked in the top 10.
The ranking looked at the seniority of the workforce living in each location, as well as considering their level of educational attainment and pay packages. This was then compared to the location’s economic importance.
Warrington was ranked 8th, London was ranked 9th, Manchester 32nd and Liverpool 38th.
The top 10 list comprised; Aldershot, Crawley, Oxford, Reading, Exeter, Cambridge, Brighton, Warrington, London and Milton Keynes.
Other research compiled by Law firm SAS Daniels LLP, has named Warrington as the most attractive town in the north-west for commercial property investors.
Warrington featured at the top of a list of the 10 towns in the north-west with the best average rental yields for commercial properties, with a figure of 9.54 per cent – more than double then national average of 4.5 per cent.
The report declared that Warrington is ‘becoming a hotspot for commercial property investors’ – with average commercial property prices standing at £360,225.
Warrington has long been a hotspot for property investment and it is reassuring to see that it is still topping the tables. It is good to see the town being recognised too for business leadership and business leadership potential.
Warrington is an economic powerhouse and Warrington’s framework for growth, Warrington Means Business is in place to ensure that it maintains that status.