Top 5 Factors Which Have Contributed to Liverpool's Thriving Economy

Liverpool is a city in the metropolitan borough ofTourists pulled around £188 million into the city
Merseyside. Although it's not regarded as highly aswhich provided a boost to the city's struggling
London and Manchester, Liverpool is the thirdeconomy.
largest city in England and is home to around3. Music: In addition to The Beatles, the city has
440,000 residents.also produced a wide range of musical artists and
The city has come a long way since its formationcurrently holds the title of the city whose artists
in 1207 and has recently enjoyed a stint as thehave produced the most number ones (56). Key
"European Capital of Culture". Liverpool is one ofartists which have helped to contribute to
the most famous cities for music and culture and,Liverpool's economy include Frankie Goes to
as a result, has a thriving economy. Here are theHollywood, Echo and the Bunnymen and The
top 5 factors which have contributed toZutons.
Liverpool's thriving economy.4. Office space: Liverpool office space is one of
1. The Beatles: There's no doubt about it - Thethe most popular commercial property options in
Scouse band The Beatles are Liverpool's best andthe whole of the UK. Versatile, vibrant and
most famous export. Formed in 1960, Thefunctional; the office space in Liverpool helps to
Beatles went on to become one of the mostpull in millions of pounds each and every year and
successful bands in the history of popular music.is home to a number of major corporations,
During their time together The Beatles racked upincluding Liverpool Hope University, the Liverpool
17 number ones and a range of top ten hits.Echo and Haines.
They found success all over the world and still5. Port: Back in the 18th century, the city was
feature in the record collections of many today.regarded as one of England's major port towns.
The Beatles' success meant they made lots ofDuring this time trade from the West Indies,
money and pulled in a great amount of tourists toIreland and mainland Europe helped to strengthen
the city.the city's economy and furthered the growth of
2. "European Capital of Culture": Liverpool's stint asthe city. By the end of the 19th century 40% of
the "European Capital of Culture" in 2008 helpedthe world's trade passed through Liverpool's
to bring in a plethora of visitors to the city.docks.