Burnley's Economy - Facts at a Glance

Burnley

Aircelle

Holiday Inn Express

Burnley inside out...

...showing the way

Latest figures show an increase in entrepreneurship and business start-ups, an increase in skills, educational attainment and personal development in the working age population, and a stable employment rate.

Key Sectors

2,455

5

The Centre for Cities report of the top towns/cities across the UK shows that Burnley is…

• Ranked in the top 10% for growth in patent applications between 2009-10 • Shows a positive ‘Business Churn’ for business growth – the town has seen fewer business closures and an increase in Business start-ups, and is performing better than the national average • Ranked higher than our close neighbour the city of Preston, for the proportion of the working age population with degree level qualifications • Ranked 1st for the proportion of jobs in manufacturing • Has a resilient business base with a favourable ratio of private to public sector employment

Qualifications

0%

6

• The main sectors for employment in Burnley are:

13% employed in the business services sector

16% of all employed in the

manufacturing sector.

Burnley has specific strengths in advanced manufacturing, aerospace and automotive industries

35% employed in the Public administration, education and health sector

1 Centre for Cities, Cities Outlook, 2012 ONS Mid-year population estimates, 2010 3 ONS Mid-year population estimates, small areas..., 2010 ONS Annual Survey of Hours and Earnings (Workplace Analysis), 2011 5 ONS, Business Demography, 2010 6 ONS, Business Register & Employment Survey, 2010 2

NVQ3 & above

people

5,900

Great Britain

Burnley 45,400 Great Britain

Great Britain

Burnley 29,100

NVQ4 & above

Great Britain

20%

Burnley 14,600

40%

North West

60%

North West

80%

Lancashire North West

Burnley 37,400

100%

North West

• Burnley College 99.7% pass rate, 75.4% High Grades, A* Grades tripled • Advanced Manufacturing Centre includes a £500,000 investment in robotics, non-destructive testing, RFID component tracking and SAP • In 2011 over 50% of students on our HE courses achieved a first class or upper second class degree

businesses employing

32,700

1

Centre for Cities results

Facts at a glance

• In 2010 Burnley had a total of

NVQ2 & above

NVQ1 & above

No Qualifications

% is a proportion of resident population of area aged 16-64 Source ONS annual population survey January - Decemeber 2010

4

Labour Costs

Average weekly full time pay (£)

Burnley’s pro-active approach to creating the right environment and infrastructure to support business growth and attract new investment is having a positive impact on the stats.

• In 2011 the average full time gross weekly wage in Burnley was £421.304, significantly lower than the national average of £502.60 • Average weekly earnings for Burnley compare favourably with neighbouring towns of Blackburn, Bolton, Bury, Leeds, Manchester & Preston

500.0

480.0

460.0

440.0

420.0

400.0

380.0 Burnley

Blackburn

Bolton

Bury

Leeds

Manchester

Preston

Burnley’s Population total 2

SKIPTON

85,300

BARNOLDSWICK

CLITHEROE

KEIGHLEY COLNE NELSON M65 BURNLEY

M6

Travel to work area

PRESTON

40minute travel time • Travel to work population

M61

BLACKBURN

M65

HEBDEN BRIDGE

ACCRINGTON

DARWEN

TODMORDEN

RAWTENSTALL

3

16

RAMSBOTTOM M66

ROCHDALE BURY BOLTON M62

Cartography by Graphics. Graphics and Communications, © Burnley Council 2012. 01282 425011. Job 6816.

Based upon the Ordnance Survey mapping with the permission of the Controller of Her Majesty’s Stationary Office © Crown Copyright.

Unauthorised reproduction infringes Crown Copyright and may lead to prosecution or civil proceedings. Burnley Council. Licence No. LA-077364 2012.

M66

M627 (M)

M61 M60 M60

OLDHAM

Based upon the Ordnance Survey mapping with the permission of the Controller of Her Majesty’s Stationary Office © Crown Copyright. Unauthorised reproduction infringes Crown Copyright and may lead to prosecution or civil proceedings. Burnley Council. Licence No. LA077364 2012.

Increases in entrepreneurship, business start-ups, skills & educational attainment...

Total business environment Attracting investment, jobs and visitors is a top priority for Burnley, and creating a pro-active business environment and treating our business as our most valued asset is our ethos.

Working closely with businesses and building the borough’s reputation as a good place for enterprise, has climbed higher and higher up the agenda of the local council and key partnership bodies.

Burnley is building a reputation for looking to the future, working hard to secure investment and jobs to build the town for years to come.

Burnley is home to several world class businesses; new schools and colleges; three new universities; and unrivalled business development opportunites which include: Burnley Knowledge Park, Burnley Bridge Business Park, The Technology Park, offering approximately 100 acres of prime business development land.

The hard work underway to attract new investment is underpinned by huge infrastructure projects to support new businesses.

•

Build on the current strengths of the area, with its high tech employers like Aircelle, Unison, AMS Neve and What More UK to name but a few

•

Creating a modern, forward looking image for the borough

•

Training and developing a highly skilled workforce to underpin the knowledge economy

•

Improving transport links and connectivity to key growth centres in the region such as Manchester

Our Specialist Business Team A specialist Business Team has been developed within Economic Development at Burnley Council to provide all the support needed for your business.

With experience in supporting businesses from startup to global brands; the team are perfectly placed to deal with all your needs and can offer one-to-one support on the issues affecting your business: • Inward Investment • Relocation and Commercial Property Support • Employment issues

Burnley’s Future

• Advice on Financial Assistance and much more

Burnley council and a range of business partners are working on a ten year economic strategy called ‘Burnley’s Future’ to :

Please don’t hesitate to make contact – no matter how big or small, the Business Team is there to support you.

•

Alex Hooley (Principal Business Support Officer).

Tel: 01282 477206 Email: ahooley@burnley.gov.uk

Develop an entrepreneurial culture so that the town is a good place to do business

For more information about investing, living or visiting Burnley, send an email with your enquiry to: info@burnley.co.uk or visit wwww.burnley.co.uk