CANNES, FRANCE—At today's kickoff of MIPIM, Manchester economist Jim O'Neill said the United Kingdom's major cities need autonomous global relationships apart from London, if they are to flourish in the 21st century.
O'Neill heads the City Growth Commission which is pushing for more financial freedom other UK cities. UK news sources quoted him from a presentation he gave today at MIPIM, as saying that cities like Manchester, which is currently redeveloping its downtown around a new high speed rail station, need access to emerging markets like China. O'Neill, a former chair of Goldman Sachs Asset Management, and now a professor at Manchester University, specializes in urban economics.
The panel is said building the case for the "growth of urban Britain outside of London, but not at London's expense" according to a report on the website Place North West. It will seek certain measures from the UK government.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
