Staniforth, Birmingham, England, United Kingdom

Economy

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Staniforth, Birmingham, United Kingdom. Birmingham is a city and metropolitan borough in the West Midlands, England. It is the second-largest city, urban area and metropolitan area in England and the United Kingdom. Birmingham is commonly referred to as the Second city of the United Kingdom.

Located in the West Midlands county and region in England, approximately 100 miles (160 km) from Central London, Birmingham, as one of the United Kingdom's major cities, is considered to be the social, cultural, financial, and commercial centre of the Midlands. Historically a market town in Warwickshire in the medieval period. Birmingham grew during the 18th century during the Midlands Enlightenment and during the Industrial Revolution, which saw advances in science, technology, and economic development, producing a series of innovations that laid many of the foundations of modern industrial society. By 1791, it was being hailed as "the first manufacturing town in the world". Birmingham's distinctive economic profile, with thousands of small workshops practising a wide variety of specialised and highly skilled trades, encouraged exceptional levels of creativity and innovation and provided an economic base for prosperity that was to last into the final quarter of the 20th century. The Watt steam engine was invented in Birmingham.

Birmingham's economy is now dominated by the service sector. The city is a major international commercial centre and an important transport, retail, events and conference hub. Its five universities make it the largest centre of higher education in the country outside London. Birmingham's major cultural institutions – the City of Birmingham Symphony Orchestra, the Birmingham Royal Ballet, the Birmingham Repertory Theatre, the Library of Birmingham and the Barber Institute of Fine Arts – enjoy international reputations, and the city has vibrant and influential grassroots art, music, literary and culinary scenes. The city will host the 2022 Commonwealth Games. Birmingham is the fourth-most visited city in the UK by people from foreign nations.

Economy Birmingham grew to prominence as a centre of manufacturing and engineering. The Gun Quarter is a district of the city that was, for many years, a centre of the world's gun-manufacturing industry. The first recorded gun maker in Birmingham was in 1630, and locally made muskets were used in the English Civil War. The Gun Quarter is an industrial area to the north of the city centre, bounded by Steelhouse Lane, Shadwell Street, and Loveday Street, specialising in the production of military firearms and sporting guns. Many buildings in the area are disused but plans are in place for redevelopment including in Shadwell Street and Vesey Street.

The economy of Birmingham is dominated by the service sector, which accounted for 88% of the city's employment in 2012. Birmingham is the largest centre in Great Britain for employment in public administration, education and health; and after Leeds the second-largest centre outside London for employment in financial and other business services. The wider metropolitan economy is the second-largest in the United Kingdom with a GDP of $121.1 billion (2014 estimate, PPP). Major companies headquartered in Birmingham include the engineering company IMI plc, National Express, Patisserie Valerie, Claire's, and Mitchells & Butlers; including the wider metropolitan area, the city has the largest concentration of major companies outside London and the South East. hosting headquarters for Gymshark and Severn Trent Water. With major facilities such as the National Exhibition Centre and International Convention Centre, Birmingham attracts 42% of the UK's total conference and exhibition trade.

In 2012, manufacturing accounted for 8% of the employment in Birmingham, a figure below the average for the UK as a whole. Major industrial plants in the city include Jaguar Land Rover in Castle Bromwich and Cadbury in Bournville, with large local producers also supporting a supply chain of precision-based small manufacturers and craft industries. More traditional industries also remain: 40% of the jewellery made in the UK is still produced by the 300 independent manufacturers of the city's Jewellery Quarter, continuing a trade first recorded in Birmingham in 1308.

Birmingham's GVA was estimated to be £24.8 billion in 2015, economic growth accelerated each successive year between 2013 and 2015, and with an annual growth of 4.2% in 2015, GVA per head grew at the second-fastest rate of England's eight "Core Cities". The value of manufacturing output in the city declined by 21% in real terms between 1997 and 2010, but the value of financial and insurance activities more than doubled. With 16,281 start-ups registered during 2013, Birmingham has the highest level of entrepreneurial activity outside London, while the number of registered businesses in the city grew by 8.1% during 2016. Birmingham third for private sector job creation between 2010 and 2013.

According to the 2014 Mercer Quality of Living Survey, Birmingham was placed 51st in the world, which was the second-highest rating in the UK. The city's quality of life rating has continued to improve over the years and Birmingham was ranked 49th in the world in the 2019 survey. This is the first time it has featured in the top 50. The Big City Plan of 2008 aims to move the city into the index's top 20 by 2026. An area of the city has been designated an enterprise zone, with tax relief and simplified planning to lure investment.

According to 2019 property investment research, Birmingham is rated as the number one location for "The Best Places To Invest in Property in the UK". This was attributed to a 5% increase in house prices and local investment into infrastructure.

Europe/London/Birmingham 
<b>Europe/London/Birmingham</b>
Image: Photo by Eryk Fudala on Unsplash

The Birmingham City has a population of over 1,141,816 people. It is also a part of the larger West Midlands area. For the location of Staniforth see: Birmingham.

Text Atribution: Wikipedia Text under CC-BY-SA license

Antipodal to Staniforth is: 178.1,-52.467

Locations Near: Staniforth -1.9,52.4667

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Birmingham -1.9,52.467 d: 0  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Smethwick -1.967,52.502 d: 6  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 West Bromwich -1.999,52.522 d: 9.1  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Sutton Coldfield -1.822,52.563 d: 11.9  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Solihull -1.778,52.413 d: 10.2  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Walsall -1.98,52.58 d: 13.7  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Rowley Regis -2.047,52.488 d: 10.2  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Halesowen -2.051,52.45 d: 10.4  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Redditch -1.933,52.3 d: 18.7  

🏴󠁧󠁢󠁥󠁮󠁧󠁿 Dudley -2.089,52.508 d: 13.6  

Antipodal to: Staniforth 178.1,-52.467

🇳🇿 Dunedin 170.474,-45.884 d: 19097.9  

🇳🇿 Christchurch 172.617,-43.517 d: 18940.3  

🇳🇿 Canterbury 171.58,-43.543 d: 18911.7  

🇳🇿 Invercargill 168.373,-46.413 d: 19043.1  

🇳🇿 Wellington 174.767,-41.283 d: 18746.4  

🇳🇿 Hutt 174.917,-41.217 d: 18741.3  

🇳🇿 Lower Hutt 174.917,-41.217 d: 18741.3  

🇳🇿 Upper Hutt 175.05,-41.133 d: 18734  

🇳🇿 Masterton 175.664,-40.95 d: 18721.3  

🇳🇿 Porirua 174.84,-41.131 d: 18730.8  

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