Bristol’s economy is expected to fall out of the UK’s regional top 10 but still expand by £500m and add almost 10,000 new jobs by the end of next year, according to a new report.
The city has been predicted to see year-on-year growth of 2% in the fourth quarter of 2023 in terms of value of goods and services produced (GVA), with the value of its economy growing to £14.7bn.
The study, produced by law firm Irwin Mitchell and the Centre for Economics and Business Research (Cebr), ranked Bristol 18th among the country’s 50 largest local economies for GVA growth in one year’s time.
