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Thousands of new jobs will help Swindon bounce back from Covid faster than most UK towns and cities


THOUSANDS of new jobs will see Swindon bounce back from the coronavirus crisis and help lead the way for the rest of the UK.
A new report suggests the town will have the fourth-fastest employment growth in the country this year - quicker than Oxford, Edinburgh and Doncaster.
Only Cambridge and the Welsh cities of Cardiff and Swansea are expected to recover slightly better.
The Powerhouse report predicts 2,400 new jobs created in Swindon by the last quarter of 2021 and its overall economy will grow by 7.4 per cent.
Almost two thirds of UK towns and cities in the report are not expected to increase their employment levels this year - but Swindon is one of the few who will. ....

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Oxford's economy is growing with new jobs despite pandemic


By
Andrew Ffrench
@OxMailAndyF
Business reporter covering Didcot and Wallingford. Call me on 01865 425425
An artist s impression of Oxford University s life and mind sciences building Picture: Oxford University
A new economic report said Oxford was expected to lead the nation’s post-Covid-19 recovery in 2021 with some of the fastest employment growth in the UK.
The latest UK Powerhouse report from Irwin Mitchell and the Centre for Economic and Business Research reveals that Oxford had the strongest end to 2020 with a 3.0% increase in employment.
The report said this level of employment growth would dip slightly in the 12 months to the fourth quarter of 2021, but that it will still create 2,200 new jobs. ....

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Brighton economy was third least affected amid Covid-19 due to tourism


THE rise in staycations over the summer meant Brighton was able to withstand a severe blow to its economy, compared with other places.
According to a new report by Irwin Mitchell and the Centre for Economic and Business Research (Cebr), Brighton and Hove saw the third smallest annual contraction in economic output of the 46 UK Powerhouse cities in the third quarter of this year.
The city saw a 4.7 per cent decline in the employment rate over the same period and the value of goods and services produced in the city (GVA) was down by 7.4 per cent.
Other places saw a stronger contraction, such as Doncaster, where GVA was down by 11.7 per cent, and Milton Keynes, where it was down by 11.8 per cent. ....

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