The North West of England has long been renowned as a global business centre, generating revenue that makes it the 12th largest local economy in Europe. The Metropolitan Borough of Bolton, Greater Manchester is making itself known as an economic force in the region, offering employment opportunities across a wide range of fields, and attracting major foreign investment.
Large companies who have made their home in Bolton include Reebok, Hitachi, RBS, British Aerospace and Warburton’s, who have been operating since 1876. The traditional heavy industry is now transforming into high tech and service industries, electronics, electrical engineering and IT. Increased growth in the service sector has created employment opportunities in call centres, data processing and administration, while care givers, medical professionals and administrators can find positions throughout Bolton’s Primary Care Trust.
Bolton continues to develop and has several large generation projects planned for the next decade. The Bolton Innovation Zone (BIZ) will be located in the heart of central Bolton and is expected to generate 4,000 new jobs and £300m private sector investment. The zone will include the expansion of the University of Bolton, which is working in development with the Manchester Knowledge Capital Initiative. Two major colleges will be relocated as well as the construction of a dedicated health, leisure and research centre. A new Cultural Quarter will become the hub for creative and cultural industries, and the Outdoor Market will receive a full refurbishment all of which will increase the commercial opportunities in and around the zone.
On the commercial front, Wilson Bowden Developments Limited are undertaking a £100 million retail lead central street development and further regeneration projects in Bolton include the £226 million Church Wharf by Ask Developments and Bluemantle and the Merchants Quarter by local developer Charles Topham group costing £200 million. Bolton is also home to the UK’s fastest growing profession based university, helping to continue the development of the North West's world renowned Knowledge Based Economy. Investment in the key growth sectors is strong, with large European and American investment building a strong and attractive foundation for new investors, helping to shape Bolton into a major economic player in the North West and on an international scale.