Economy of Manchester in the context of "2002 Commonwealth Games"

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⭐ Core Definition: Economy of Manchester

The economy of Manchester is among the largest in England. Manchester is a city and metropolitan borough of Greater Manchester. It lies within the United Kingdom's second-most populous urban area, with a population of 2.55 million. Manchester's commercial centre is in Manchester city centre, focused on Spinningfields, Mosley Street, Deansgate, King Street and Piccadilly Gardens.

Historically, the world's first industrialised city, the region was once in economic and population decline. In 2012 Greater Manchester South, which includes the cities of Manchester and Salford and three other metropolitan boroughs, was the largest NUTS3 area outside London in economic terms, and growth was 3.8% vs the Core Cities average of 2%. Between 2002 and 2012 Greater Manchester South grew 45% vs. national growth of 44%. Meanwhile, the 2011 census also showed that Manchester was the fastest growing city in the UK in terms of population. Manchester is also a city of contrast, where some of the UK's most deprived and most affluent neighbourhoods can be found. According to the 2010 Indices of Multiple Deprivation Manchester is the 4th most deprived local authority in England. On the other hand, Greater Manchester is home to more multi-millionaires than anywhere outside London, with the City of Manchester taking up most of the tally. In 2013 Manchester was ranked 6th in the UK for quality of life, according to a rating of the UK's 12 largest cities.

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👉 Economy of Manchester in the context of 2002 Commonwealth Games

The 2002 Commonwealth Games, officially known as the XVII Commonwealth Games and commonly known as Manchester 2002, were an international multi-sport event for the members of the Commonwealth held in Manchester, England, from 25 July to 4 August 2002. According to planning, this event was to be held in a country in the United Kingdom as part of the Golden Jubilee of Elizabeth II, head of the Commonwealth. England was the only bidder for the event and, in an internal process, Manchester was selected for the 2002 Games ahead of London. The Manchester bid used projects which were part of the failed bid for the 2000 Summer Olympics and Paralympics, which were awarded to Sydney, Australia. The 2002 Commonwealth Games was, prior to the 2012 Summer Olympics, the largest multi-sport event ever to be held in the UK, eclipsing the London 1948 Summer Olympics in terms of teams and athletes participating. The 2002 Commonwealth Games had the largest number of events of any Commonwealth Games in history, featuring 281 events across 17 sports.

The event was considered a success for the host city, providing an opportunity to display how Manchester reeinvented itself as city, following the 1996 IRA bombing. The Games formed the main catalyst for the widespread regeneration and heavy development of Manchester and bolstered its reputation as a European and global city internationally. Rapid economic development and continued urban regeneration of the now post-industrial Manchester continued after the Games, which helped cement its place as one of the principal cultural cities in the United Kingdom.

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LINKED FROM (PARENTS)
← 2002 Commonwealth Games
LINKS TO (CHILDREN)
Manchester → Metropolitan borough → Greater Manchester → Greater Manchester Built-up Area → Central Business District → Manchester city centre → Spinningfields → Mosley Street → Deansgate → King Street, Manchester → Piccadilly Gardens → City of Salford → List of UK cities by GVA → Core Cities → Indices of Multiple Deprivation →