Working in Lancashire and the surrounding area
With a £20 billion economy, Lancashire is one of the largest sub-regions in Britain, attracting an increasingly diverse range of businesses.
The region is renowned in the UK as a manufacturing, aerospace and automotive hub. with companies such as BAE Systems, Rolls-Royce jet engines, Leyland Trucks, TRW Automotive and hundreds of cutting-edge component suppliers as major players in the market.
Multinational names such as Alstom Traction, Baxi Group and Akzo Nobel are testament to the region's continued engineering and chemicals industry excellence, while the thriving food and drink sector, Lancashire's second largest industry, is worth £1.5 billion.
On the border of Lancashire lies Cumbria – not only an Area of Outstanding Beauty but a key business location in the North.
Cutting-edge nuclear technology plays a significant part in the Cumbrian economy with the presence of Sellafield and the establishment of the Nuclear Decommissioning Authority handling contracts worth £2 billion per year over the next two decades.
The main industrial centres in Cumbria are Barrow-in-Furness and Carlisle, and both towns are increasingly dynamic business locations, with Barrow-in-Furness at the heart of the UK shipbuilding industry. BAE Systems has a large operation here and the town is a centre for submarine production, as well as other offshore industries. Carlisle is an important regional centre with a variety of manufacturing and service-based industries, boasting several new flagship developments.
Cumbria continues to push forward, adapting and evolving to the changing business climate. It has recently unveiled bold plans to develop a powerful knowledge-led economy, an ambition that is already in sight thanks to the launch of Britain's newest university, the University of Cumbria. The university was founded in 2007 and already has 10,000 students.
Source: North West Development Agency
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