Economy in Brighton & Hove

Brighton is booming – Economy in Brighton & Hove

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Brighton and Hove District Council compile an interesting array of data and information about their local economy and much of the conclusions can be seen and felt on a daily basis by people who live in the city. An economy is not merely a set of numbers that can be analysed and from which conclusions can be drawn. If any economy is to thrive and develop it must be recognizable as acting for the benefit of citizens and visitors alike. People must be able to connect with policies and strategies in their daily lives.

The Council have presented their new 2013 – 2018 Economic Strategy for Brighton & Hove, which shows a focus on how the city can adopt measures that will ultimately lead to a sustainable economy. Naturally this must include how the city and surrounding areas is affected by the wider social and environmental impacts of economic development in the UK as a whole. The strategy covers this five year period and unites a range of policies, strategic documents and innovative initiatives that are both current and yet to be developed.

Brighton is a unique city. A seaside destination that attracts holidaymakers and events from across the world. It was the world’s first seaside resort, and still boats fine attractions such as the pier, the famous Lanes, and first class entertainment, eating and shopping experiences. The University is respected and the Pavilion and other architectural landmarks set Brighton apart from so many other UK towns and cities.

The so-called Pink-Pound should not be overlooked either. As a recognised centre for gay life Brighton is universally regarded as an inclusive city. The nightlife is widely acknowledged to be a fun-filled extravaganza where one’s hair can be let down in a safe and healthy environment.

Sussex County Council as well as the Coast to Capital LEP commissioned detailed research to find out the growth ambitions of different sizes of business in the area. Among the questions they were asked were about perceived barriers to doing business in Brighton. Generally the survey showed that business in the area was optimistic, continued to be growth oriented and they were more likely to export than other parts of the UK. They were also found to be actively innovative and to employ graduates more than other parts of the UK.

It is comforting to see that the economy in Brighton is healthy, and is set to not just continue in this position but also to grow and thrive in the coming years. Brighton as a city is in a good position both geographically and economically.