Birmingham has been undergoing a major transformation in recent years, driving significant levels of investment into the city. The city centre itself is a vibrant hub of shops, restaurants, bars, and many other nationally recognised attractions such as the Birmingham Arena, Sealife Centre, Symphony Hall, and Birmingham Rep Theatre.
Birmingham is also home to a number of high profile organisations such as the BBC, ITV, Heart FM within the creative sector, HMRC are relocating 4,000 jobs to Birmingham City Centre, and major financial institutions opening head offices there – the likes of Deutsche Bank, HSBC, PwC, and Royal Bank of Scotland.
Birmingham has been confirmed as Europes youngest City with 45% of its population under 30 years of age. Birmingham is home to HS2 HQ which will bring in 1500 new jobs and provide a huge boost to the already booming economy. Eight universities and world-class research institutions produce 52.000 graduates annually with a 50% graduate retention rate meaning one out of two students stay and work in Birmingham.
HS2 will mean it will only take 38 minutes to get into London.
One of the largest areas of regeneration has been the New Street Station complex – in preparation for the HS2 line that will connect London and Birmingham in just 49 minutes – essentially making it an option for Birmingham residents to work in London.
Birmingham is the second largest city economy in the UK after London at 25.3 billion and is growing at a rapid pace.
Population of 1.1 million people. Birmingham has grown by 36,404 since 2015, which represents a 1.12% annual change.
So it’s no surprise that the population of Birmingham City Centre is one of the youngest in the Europe – with 45.7% of the 1.1 million population estimated to be under the age of 30. The job opportunities are in abundance, which is why many of the 65,000 students choose to stay in the city after graduating.
The Universities here have played a major role in transforming pockets of the city, with hundreds of millions of pounds spent over the last decade to provide some of the highest quality facilities of any Universities in the UK.
Largest economy outside of London at 25.3 billion and is growing at a rapid pace.
20.5% increase in house prices forecast between 2018 and 2022.
Population of 1.1 million people.
16.5% increase in rental prices forecast between 2018 and 2022.
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