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Birmingham Post
Birmingham Post
Business
Tom Keighley

Newcastle 'riding a wave' of investment enquiries amid latest jobs joy

Newcastle has got momentum behind it - that’s the feeling of inward investment agency Invest Newcastle after a week that brought another jobs boost for the city.

Global defence giant Leonardo will base some of the 200 North East-based jobs it intends to create, including data scientists, systems and software engineers and analytics experts at the Spark building on the Newcastle Helix business and science park. The €14.1bn revenue company is just the latest to plump for Newcastle, following the likes of cybersecurity firm Arctic Wolf and digital consultancy Monstarlab in choosing the city. At least a couple more significant announcements are expected in the coming months and Newcastle has been identified as being one of the top areas in the country for attracting overseas investment.

And while the success of Newcastle United Football Club has undoubtedly generated good international PR for the city, there is more at play when it comes to attracting investors, according to Invest Newcastle director Jen Hartley. “I think in my 12 plus years in trade and investment I think I’ve never known a busier time,” she said.

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