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Birmingham Post
Birmingham Post
Business
Graeme Whitfield

Inward investment and electrification boost North East automotive sector

Figures released last week that showed the North East had created the most jobs through inward investment of any UK region or nation were remarkable in a number of ways.

A total of 59 inward investment projects in the North East LEP area created 5,495 jobs, 2,000 more than the next most successful area. Though more jobs were created in London, when the area’s populations are taken into account, the North East attracted proportionally nearly 50% more jobs than London.

Those jobs were created across a range of sectors, with Newcastle in particular seeing a number of technology consultancies setting up in the city in recent months.

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