Despite the recession, the turnover of the night-time economy in Brighton & Hove increased by nearly 9% over the last three years and supports over 7,200 jobs according to a new survey of the UK's leading night-time locations.
A joint study by specialist consultancies Make Associates and TBR Limited shows the value of the city's "after-dark" economy was £302.746m in 2006 and £329.253m in 2009 placing us 41st in the UK rankings according to turnover and almost equalling the £400m contribution that tourism makes.
The top 5 in 2009 were Westminster [nearly £3bn], Birmingham [nearly £1.4bn], Manchester [just over £1bn], Camden [£995.94m]] and Glasgow City [£903.15m] but the last two have both seen their turnovers decline between 2006 and 2009.
The figures were collated using TBR’s Trends Central Resource database which is based on Dun & Bradstreet’s data of 2.5m real businesses.
According to the report there has been a 6% decline in firms classified as being “drink-led” over the three-year period. This equates to about 4,000 firms but late night food outlets have taken up much of the slack increasing by 3,000.
ECONOMIC PARTNERSHIP COMMENT
Given the lack of realistic competition from neighbouring locations close to Brighton, the Economic Partnership would have expected the city to be higher up the rankings. Are we missing a trick?
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