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==Economy== {{Main|Economy of Liverpool}}{{See also|Liverpool city centre#Headquarters and major offices | Category:Companies based in Liverpool | Category:Manufacturing companies based in Liverpool}} ===City and region=== [[File:Liverpool Skyline 2023.jpg|350px|thumb|right|Liverpool is a major component of the third largest regional economy in the United Kingdom. Important sectors in the city include the [[knowledge economy]], [[Maritime transport|maritime industry]], tourism, [[Culture of Liverpool|culture]], [[Hospitality industry|hospitality]], [[healthcare industry]], [[List of life sciences|life sciences]], the [[Creative industries|creative]] and [[Digital economy|digital sectors]].<ref>{{Cite web|title=Economy of Liverpool|url=https://www.varbes.com/economy/liverpool-economy|access-date=29 August 2023|website=varbes.com|archive-date=29 August 2023|archive-url=https://web.archive.org/web/20230829001042/https://www.varbes.com/economy/liverpool-economy|url-status=live}}</ref><ref>{{Cite web|title=Liverpool to become £80m investment zone|url=https://lbndaily.co.uk/liverpool-to-become-80m-investment-zone|access-date=29 August 2023|website=lbndaily.co.uk|date=15 March 2023|archive-date=29 August 2023|archive-url=https://web.archive.org/web/20230829001044/https://lbndaily.co.uk/liverpool-to-become-80m-investment-zone/|url-status=live}}</ref><ref>{{Cite web|title='Liverpool's economy will thrive' says Prof Parkinson|url=https://lbndaily.co.uk/liverpools-economy-will-thrive-says-prof-parkinson|access-date=29 August 2023|website=lbndaily.co.uk|date=8 August 2022|archive-date=8 August 2022|archive-url=https://web.archive.org/web/20220808072015/https://lbndaily.co.uk/liverpools-economy-will-thrive-says-prof-parkinson/|url-status=live}}</ref>]] {{multiple image | align = right | perrow = 2 | total_width = 350 | image1 = Central Liverpool (2023).jpg | caption1 = [[List of tallest buildings and structures in Liverpool|Liverpool skyline]] showing the [[Liverpool city centre|Commercial District]] | image2 = Liverpool One (36503692576).jpg | caption2 = Liverpool is one of the top [[List of shopping centres in the United Kingdom by size|retail destinations]] in the UK | image3 = Liverpool School Tropical Medical School 2.JPG | caption3 = [[Knowledge Quarter, Liverpool|Knowledge Quarter]], Liverpool hosts globally significant institutions | image4 = Range Rover Evoque SD4 4WD Prestige – Frontansicht, 12. Juli 2014, Düsseldorf.jpg | caption4 = The [[Range Rover Evoque]] is manufactured at [[Jaguar Land Rover Halewood]] | image5 = Encounter and Sara Borchard.jpg | caption5 = The [[Port of Liverpool]] is the [[List of ports in Great Britain|4th largest port in the UK]] | image6 = Exchange Flags, Liverpool (2023).jpg | caption6 = Liverpool is home to many [[Liverpool city centre|global headquarters]] and major branch offices }} Liverpool forms an integral part of [[North West England]]'s economy, the third largest regional economy in the United Kingdom. The city is also a major contributor to the economy of [[Liverpool City Region]], worth over £40 billion per year.<ref>{{Cite web|title=Regional gross value added (balanced) by combined authority in the UK|url=https://www.ons.gov.uk/economy/grossvalueaddedgva/datasets/regionalgrossvalueaddedbalancedbycombinedauthorityintheuk|access-date=29 August 2023|website=ons.gov.uk|archive-date=27 September 2023|archive-url=https://web.archive.org/web/20230927095737/https://www.ons.gov.uk/economy/grossvalueaddedgva/datasets/regionalgrossvalueaddedbalancedbycombinedauthorityintheuk|url-status=live}}</ref><ref>{{Cite web|title=Gross domestic product of the United Kingdom in 2021, by region|url=https://www.statista.com/statistics/1004135/uk-gdp-by-region|access-date=29 August 2023|website=statista.com/|archive-date=29 August 2023|archive-url=https://web.archive.org/web/20230829085248/https://www.statista.com/statistics/1004135/uk-gdp-by-region/|url-status=live}}</ref><ref>{{Cite web|title=Regional gross domestic product: city regions|url=https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductcityregions|access-date=1 September 2023|website=ons.gov.uk|archive-date=1 September 2023|archive-url=https://web.archive.org/web/20230901145758/https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductcityregions|url-status=live}}</ref> The local authority area governed by [[Liverpool City Council]] accounts for 39% of the Liverpool city region's total jobs, 40% of its total GVA and 35% of its total businesses. At the local authority level, the city's [[Gross value added|GVA]] (balanced) at current basic prices was £14.3 billion in 2021. Its GDP at current market prices was £15.9 billion. This equates to £32,841 per head of the population.<ref>{{Cite web|title=Regional gross domestic product: local authorities|url=https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductlocalauthorities|access-date=28 August 2023|website=ons.gov.uk|archive-date=28 August 2023|archive-url=https://web.archive.org/web/20230828212620/https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductlocalauthorities|url-status=live}}</ref><ref>{{Cite web|title=Liverpool City Council Plan 2022–25|url=https://liverpool.gov.uk/media/25xbb4qb/council-plan-2022-25-8-march.pdf|access-date=29 August 2023|website=liverpool.gov.uk|archive-date=29 August 2023|archive-url=https://web.archive.org/web/20230829155536/https://liverpool.gov.uk/media/25xbb4qb/council-plan-2022-25-8-march.pdf|url-status=live}}</ref> At the [[2021 United Kingdom census]], 51.1% of Liverpool's population aged 16 years and over was classed as employed, 44.2% economically inactive and 4.8% unemployed. Of those employed, the most popular industries providing the employment were human health and social work activities (18.7%), wholesale and retail trade; repair of motor vehicles and motor cycles (15%), education (10.8%), public administration and defence; compulsory social security (7.3%), accommodation and food service activities (6.8%), construction (6.5%), transport and storage (5.8%), manufacturing (5.5%) and professional, scientific and technical activities (5.2%).<ref>{{Cite web|title=Employment in local authorities, England and Wales|url=https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/datasets/employmentinlocalauthoritiesenglandandwales|access-date=30 August 2023|website=ons.gov.uk|archive-date=30 August 2023|archive-url=https://web.archive.org/web/20230830103443/https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/datasets/employmentinlocalauthoritiesenglandandwales|url-status=live}}</ref> According to the [[Office for National Statistics|ONS]] Business Register and Employment Survey 2021, some industries within Liverpool perform strongly compared to other [[Local government in the United Kingdom|local authorities in Great Britain]]. In terms of absolute number of jobs per industry in Great Britain's local authority areas, Liverpool features in the national top 10 for human health and social work activities; arts, entertainment and recreation; public administration and defence; compulsory social security; accommodation and food service activities and real estate activities. Liverpool features in the national top 20 for number of jobs in education; construction; wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage; financial and insurance activities and professional, scientific and technical activities.<ref name="Labour Market Profile - Liverpool">{{cite web|url=https://www.nomisweb.co.uk/reports/lmp/la/1946157104/report.aspx|title=Labour Market Profile – Liverpool|access-date=16 December 2023|publisher=Office for National Statistics|archive-date=13 February 2019|archive-url=https://web.archive.org/web/20190213020732/http://www.nomisweb.co.uk/reports/lmp/la/1946157104/report.aspx|url-status=live}}</ref> In 2023, Liverpool City Council set out an economic growth plan for the city over the following 20 years. The City Council will have particular focus on economic sectors such as the [[Tourism in England|visitor economy (tourism)]], [[Culture of Liverpool|culture]], [[List of life sciences|life sciences]], [[Digital economy|digital]] and [[Creative industries|creative sectors]], and [[Automotive industry in the United Kingdom|advanced car manufacturing]].<ref>{{Cite web|title=Liverpool set to launch new 20-year plan to maximise city's development & investment opportunities|url=https://investliverpool.com/news/delivering-liverpools-development-potential|access-date=31 August 2023|website=investliverpool.com|date=15 August 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151030/https://investliverpool.com/news/delivering-liverpools-development-potential/|url-status=live}}</ref> According to the International passenger Survey, from the [[Office for National Statistics|ONS]], Liverpool was one of the top 5 most visited cities in the UK by overseas tourists in 2022. As of the same year, the city's tourist industry was worth a total of £3.5 billion annually and was part of a larger city region tourist industry worth £5 billion. A consistent calendar of major events, as well as a plethora of cultural attractions, continue to provide a significant draw for tourists. Tourism related to [[the Beatles]] is worth an estimated £100m to the Liverpool economy each year alone. [[Liverpool One]], as well as a growing retail offer overall, has led to the city being one of the most prominent destinations for shopping in the UK. [[Liverpool Cruise Terminal]], which is situated close to the [[Pier Head]], enables tourists to berth in the centre of the city.<ref>{{Cite web|title=Pioneers of Beatles tourism industry to be honoured by Liverpool|url=https://liverpoolexpress.co.uk/pioneers-of-beatles-tourism-industry-to-be-honoured-by-liverpool|access-date=31 August 2023|website=liverpoolexpress.co.uk|date=10 August 2022|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151026/https://liverpoolexpress.co.uk/pioneers-of-beatles-tourism-industry-to-be-honoured-by-liverpool/|url-status=live}}</ref><ref>{{Cite web|title=City's Tourism Sector Continues to Bounce Back|url=https://liverpoolexpress.co.uk/citys-tourism-sector-continues-to-bounce-back|access-date=31 August 2023|website=liverpoolexpress.co.uk|date=8 August 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151027/https://liverpoolexpress.co.uk/citys-tourism-sector-continues-to-bounce-back/|url-status=live}}</ref><ref>{{Cite web|title=Inbound trends by UK town|url=https://www.visitbritain.org/inbound-trends-uk-town|access-date=31 August 2023|website=www..visitbritain.org|date=19 May 2015|archive-date=15 August 2023|archive-url=https://web.archive.org/web/20230815134000/https://www.visitbritain.org/inbound-trends-uk-town|url-status=live}}</ref><ref>{{Cite web|title=Liverpool city region tourism value now above £5bn|url=https://lbndaily.co.uk/liverpool-city-region-tourism-value-now-above-5bn|access-date=31 August 2023|website=lbndaily.co.uk|date=8 August 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151029/https://lbndaily.co.uk/liverpool-city-region-tourism-value-now-above-5bn/|url-status=live}}</ref><ref>{{Cite web|title=Welcome To Liverpool, You're In The Heart Of The City We Love|url=https://www.cruise-liverpool.com/|access-date=31 August 2023|website=cruise-liverpool.com|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151025/https://www.cruise-liverpool.com/|url-status=live}}</ref><ref>{{Cite web|title=Liverpool ranked the top UK city for high street spending|url=https://www.businessleader.co.uk/liverpool-ranked-top-uk-city-for-high-street-spending|access-date=31 August 2023|website=businessleader.co.uk|date=26 September 2022|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151028/https://www.businessleader.co.uk/liverpool-ranked-top-uk-city-for-high-street-spending/|url-status=dead}}</ref><ref>{{Cite web|title=The best cities for shopping in the UK in 2022|url=https://www.which.co.uk/news/article/best-cities-for-shopping-in-the-uk-aUjs75v7cMS3|access-date=31 August 2023|website=which.co.uk|date=5 September 2022|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151025/https://www.which.co.uk/news/article/best-cities-for-shopping-in-the-uk-aUjs75v7cMS3|url-status=live}}</ref> Liverpool is home to the [[Knowledge Quarter, Liverpool|Knowledge Quarter]], a 450-acre city centre district that hosts some of the world's most influential institutions in science, health, technology, education, music and the creative performing arts. The [[Government of the United Kingdom|UK government]] has also identified the city as a '[[Pharmaceutical industry in the United Kingdom|pharmaceutical]] production superpower' and one of the UK's leading regions for [[Biomanufacturing|bioprocessing]]. The accolade led to the government choosing the city for England's second ever 'Investment Zone' in 2023. This will involve millions of pounds being invested over the coming years in to science orientated districts including the Knowledge Quarter and the so-called 'pharma cluster' in the city suburb of [[Speke]]. The two clusters form an internationally significant role in [[Infectious diseases (medical specialty)|infectious disease]] control. Liverpool City Council also plan to invest in the city's [[Baltic Triangle]], which is renowned in the creative and digital industries.<ref>{{Cite web|title=LCR announced as the UK's second Investment Zone|url=https://www.kqliverpool.co.uk/lcr-announced-as-the-uks-second-investment-zone|access-date=31 August 2023|website=kqliverpool.co.uk|date=27 July 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151029/https://www.kqliverpool.co.uk/lcr-announced-as-the-uks-second-investment-zone/|url-status=live}}</ref><ref>{{Cite web|title=Everything you need to know about the Knowledge Quarter, Liverpool|url=https://theguideliverpool.com/everything-you-need-to-know-about-the-knowledge-quarter-liverpool|access-date=31 August 2023|website=theguideliverpool.com|date=24 November 2020|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151028/https://theguideliverpool.com/everything-you-need-to-know-about-the-knowledge-quarter-liverpool/|url-status=live}}</ref><ref>{{Cite web|title=Delivering Liverpool's development potential|url=https://liverpoolexpress.co.uk/46268-2|access-date=31 August 2023|website=liverpoolexpress.co.uk|date=15 August 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151028/https://liverpoolexpress.co.uk/46268-2/|url-status=live}}</ref><ref>{{Cite web|title=Second Investment Zone for the North to unlock multi-million pound investments|url=https://www.gov.uk/government/news/second-investment-zone-for-the-north-to-unlock-multi-million-pound-investments|access-date=31 August 2023|website=gov.uk|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151023/https://www.gov.uk/government/news/second-investment-zone-for-the-north-to-unlock-multi-million-pound-investments|url-status=live}}</ref><ref>{{Cite web|title=Business leaders sought to shape Liverpool City Region's growth sectors|url=https://www.liverpoolcityregion-ca.gov.uk/business-leaders-sought-to-shape-liverpool-city-regions-growth-sectors|access-date=31 August 2023|website=liverpoolcityregion-ca.gov.uk|date=25 July 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151032/https://www.liverpoolcityregion-ca.gov.uk/business-leaders-sought-to-shape-liverpool-city-regions-growth-sectors/|url-status=live}}</ref><ref>{{Cite web|title=Liverpool set to launch 20 year plan to maximise investment opportunities|url=https://theguideliverpool.com/liverpool-set-to-launch-20-year-plan-to-maximise-investment-opportunities|access-date=31 August 2023|website=theguideliverpool.com|date=15 August 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151028/https://theguideliverpool.com/liverpool-set-to-launch-20-year-plan-to-maximise-investment-opportunities/|url-status=live}}</ref> [[Automotive industry in the United Kingdom|Car manufacturing]] also takes place in the city at the [[Jaguar Land Rover Halewood]] plant, where the [[Range Rover Evoque]] model is assembled. In 2023, Jaguar Land Rover announced that the Halewood plant would begin to shift its focus to [[electric car]] production.<ref>{{Cite web|title=Revealed: New Range Rover Evoque will secure future of THOUSANDS of Halewood workers|url=https://www.liverpoolecho.co.uk/news/business/revealed-new-range-rover-evoque-15453283|access-date=31 August 2023|website=liverpoolecho.co.uk|date=22 November 2018|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151023/https://www.liverpoolecho.co.uk/news/business/revealed-new-range-rover-evoque-15453283|url-status=live}}</ref><ref>{{Cite web|title=Jaguar Halewood to go all-electric in £15bn project|url=https://lbndaily.co.uk/jaguar-halewood-to-go-all-electric-in-15bn-project|access-date=31 August 2023|website=lbndaily.co.uk|date=19 April 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151031/https://lbndaily.co.uk/jaguar-halewood-to-go-all-electric-in-15bn-project/|url-status=live}}</ref> Historically, the economy of Liverpool was centred on the city's port and manufacturing base. Today, the [[Port of Liverpool]] is the UK's fourth largest port by [[tonnage]] of [[Cargo|freight]], handling over 30 million tonnes in 2020. The city is also the UK's largest port for [[Transatlantic crossing|transatlantic trade]], handling 45% of the country's trade from the United States. In 2023, the city was chosen by the British government to be a designated [[Free ports in the United Kingdom|Freeport]] to encourage growing international commerce. The [[Liverpool2]] container terminal, completed in 2022, has greatly increased the volume of cargo which Liverpool is able to handle and has facilitated the world's biggest [[Container ship|container vessels]].<ref>{{Cite web|title=Port of Liverpool hails record-breaking achievements and 'landmark moment'|url=https://www.business-live.co.uk/enterprise/port-liverpool-hails-record-breaking-23621698|access-date=31 August 2023|website=business-live.co.uk|date=7 April 2022|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151033/https://www.business-live.co.uk/enterprise/port-liverpool-hails-record-breaking-23621698|url-status=live}}</ref><ref>{{Cite web|title=Introducing Liverpool2|url=https://www.peelports.com/campaigns/liverpool2|access-date=31 August 2023|website=peelports.com|archive-date=22 September 2023|archive-url=https://web.archive.org/web/20230922222441/https://www.peelports.com/campaigns/liverpool2|url-status=live}}</ref><ref>{{Cite web|title=Inspiring connectivity|url=https://investliverpoolcityregion.com/growth-sectors/port-logistics|access-date=31 August 2023|website=investliverpoolcityregion.com|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151026/https://investliverpoolcityregion.com/growth-sectors/port-logistics/|url-status=live}}</ref><ref>{{Cite web|title=Port Codes, Port Code Finder & Global Port Lookup|url=https://www.seabaycargo.com/seaport/detail/Liverpool_United-Kingdom_GBLIV.html|access-date=31 August 2023|website=seabaycargo.com|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151024/https://www.seabaycargo.com/seaport/detail/Liverpool_United-Kingdom_GBLIV.html|url-status=live}}</ref><ref>{{Cite web|title=Liverpool port: workers vote to strike for better wages|url=https://www.powercargo.co.uk/blogs/liverpool-port-workers-vote-to-strike-for-better-wages|access-date=31 August 2023|website=powercargo.co.uk|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151023/https://www.powercargo.co.uk/blogs/liverpool-port-workers-vote-to-strike-for-better-wages|url-status=live}}</ref><ref>{{Cite web|title=Peel Ports completes £140m port expansion|url=https://lbndaily.co.uk/peel-ports-completes-140m-port-expansion|access-date=31 August 2023|website=lbndaily.co.uk|date=8 February 2022|archive-date=19 August 2023|archive-url=https://web.archive.org/web/20230819204243/https://lbndaily.co.uk/peel-ports-completes-140m-port-expansion/|url-status=live}}</ref><ref>{{Cite web|title=Govt approves Liverpool City Region Freeport status|url=https://www.placenorthwest.co.uk/govt-approves-liverpool-city-region-freeport-status|access-date=31 August 2023|website=placenorthwest.co.uk|date=10 January 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151027/https://www.placenorthwest.co.uk/govt-approves-liverpool-city-region-freeport-status/|url-status=live}}</ref> Liverpool is also home to numerous UK headquarters, or the major strategic branch offices, of many [[Shipping line|shipping and freight lines]] including: [[Atlantic Container Line]],<ref>{{Cite web|title=Where to Contact ACL|url=https://www.aclcargo.com/contacts/#uk|access-date=31 August 2023|website=aclcargo.com|archive-date=22 September 2023|archive-url=https://web.archive.org/web/20230922185034/https://www.aclcargo.com/contacts/#uk|url-status=live}}</ref> [[Bibby Line]],<ref>{{Cite web|title=Bibby Line Group Head Office Contact|url=https://bibbylinegroup.co.uk/contact|access-date=31 August 2023|website=bibbylinegroup.co.uk|archive-date=16 July 2023|archive-url=https://web.archive.org/web/20230716153503/https://bibbylinegroup.co.uk/contact/|url-status=live}}</ref> Borchard Lines Ltd,<ref>{{Cite web|title=Local offices|url=https://www.borlines.com/contact/local-offices/?fbclid=IwAR18fGBdViXZQKUCLdi2EgexfSYTr9xGuVaQIFuOa7esYEhcbzM6F7HTz4I|access-date=31 August 2023|website=borlines.com|archive-date=21 August 2023|archive-url=https://web.archive.org/web/20230821104120/https://www.borlines.com/contact/local-offices/?fbclid=IwAR18fGBdViXZQKUCLdi2EgexfSYTr9xGuVaQIFuOa7esYEhcbzM6F7HTz4I|url-status=live}}</ref> [[CMA CGM]],<ref>{{Cite web|title=Offices & Contacts|url=https://www.cma-cgm.com/local/united-kingdom/offices-contacts|access-date=31 August 2023|website=cma-cgm.com|archive-date=17 September 2021|archive-url=https://web.archive.org/web/20210917194558/https://www.cma-cgm.com/local/united-kingdom/offices-contacts|url-status=live}}</ref> [[Hapag-Lloyd]],<ref>{{Cite web|title=United Kingdom|url=https://www.hapag-lloyd.com/en/services-information/offices-localinfo/europe/united-kingdom.html|access-date=31 August 2023|website=hapag-lloyd.com|archive-date=21 August 2023|archive-url=https://web.archive.org/web/20230821104118/https://www.hapag-lloyd.com/en/services-information/offices-localinfo/europe/united-kingdom.html|url-status=live}}</ref> Independent Container Line,<ref>{{Cite web|title=Contact ICL|url=https://www.icl-ltd.com/contact/?fbclid=IwAR2w8GRx41FXz2CSAEkthWX1X8GedsgxOypm_pUx0-9_LllStVdxhCmLFYw|access-date=31 August 2023|website=icl-ltd.com|archive-date=21 August 2023|archive-url=https://web.archive.org/web/20230821104117/https://www.icl-ltd.com/contact/?fbclid=IwAR2w8GRx41FXz2CSAEkthWX1X8GedsgxOypm_pUx0-9_LllStVdxhCmLFYw|url-status=live}}</ref> [[Irish Ferries]],<ref>{{Cite web|title=Contact Us|url=https://www.irishferries.com/ie-en/contact-us|access-date=31 August 2023|website=irishferries.com|archive-date=23 September 2023|archive-url=https://web.archive.org/web/20230923052502/https://www.irishferries.com/ie-en/contact-us/|url-status=live}}</ref> [[Maersk Line]],<ref>{{Cite web|title=Shipping to and from United Kingdom|url=https://www.maersk.com/local-information/europe/united-kingdom|access-date=31 August 2023|website=maersk.com|archive-date=7 November 2023|archive-url=https://web.archive.org/web/20231107221000/https://www.maersk.com/local-information/europe/united-kingdom|url-status=live}}</ref> [[Mediterranean Shipping Company]]<ref>{{Cite web|title=Connecting the UK with the world|url=https://www.msc.com/en/local-information/europe/united-kingdom|access-date=31 August 2023|website=msc.com|archive-date=1 August 2023|archive-url=https://web.archive.org/web/20230801054700/https://www.msc.com/en/local-information/europe/united-kingdom|url-status=live}}</ref> and [[ZIM (shipping company)|Zim Integrated Shipping Services]].<ref>{{Cite web|title=United Kingdom Contacts|url=https://www.zim.com/global-network/europe/united-kingdom/united-kingdom-contacts|access-date=31 August 2023|website=zim.com|archive-date=29 September 2023|archive-url=https://web.archive.org/web/20230929205011/https://www.zim.com/global-network/europe/united-kingdom/united-kingdom-contacts|url-status=live}}</ref> Liverpool's rich [[Architecture of Liverpool|architectural base]] has helped the city become the second most [[Film industry|filmed city]] in the UK outside London. As well as being a featured location in its own right, it often doubles up for Chicago, London, Moscow, New York City, Paris and [[Rome]]. The Depot studios, close to the city centre, provide space for film and TV productions.<ref>{{Cite web|title=The Depot Liverpool|url=https://britishfilmcommission.org.uk/studios/the-depot-liverpool|access-date=31 August 2023|website=britishfilmcommission.org.uk|date=7 July 2021}}</ref><ref>{{Cite web|title=Filming in Liverpool|url=https://www.liverpoolfilmoffice.tv/filming-in-liverpool|access-date=31 August 2023|website=liverpoolfilmoffice.tv|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151033/https://www.liverpoolfilmoffice.tv/filming-in-liverpool/|url-status=live}}</ref> Major economic projects planned for the city include the revitalisation of disused land in the North docks/Ten Streets area, [[Liverpool Waters]] and a new purpose built TV studio at the former [[Littlewoods Pools building]], adjacent to the Depot.<ref>{{Cite web|title=Ten Streets: dockland area in north Liverpool hoping to be the 'next Baltic Triangle'|url=https://www.liverpoolecho.co.uk/news/liverpool-news/ten-streets-dockland-area-north-17710026|access-date=31 August 2023|website=liverpoolecho.co.uk/|date=16 February 2020|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151025/https://www.liverpoolecho.co.uk/news/liverpool-news/ten-streets-dockland-area-north-17710026|url-status=live}}</ref><ref>{{Cite web|title=Peel L&P to refresh £5.5bn Liverpool Waters vision|url=https://www.placenorthwest.co.uk/peel-to-refresh-5-5bn-liverpool-waters-masterplan|access-date=31 August 2023|website=placenorthwest.co.uk|date=13 April 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151026/https://www.placenorthwest.co.uk/peel-to-refresh-5-5bn-liverpool-waters-masterplan/|url-status=live}}</ref><ref>{{Cite news|title=Liverpool Littlewoods building: First details of film studio plan revealed|publisher=BBC News|date=16 June 2023|url=https://www.bbc.co.uk/news/uk-england-merseyside-65931262|access-date=31 August 2023|archive-date=31 August 2023|archive-url=https://web.archive.org/web/20230831151023/https://www.bbc.co.uk/news/uk-england-merseyside-65931262|url-status=live}}</ref> ===City region economy and devolution=== {{Pie chart | caption= The [[Liverpool City Region]] GDP in 2021 was £40.479 billion. The 6 contributing boroughs to this GDP were as follows:<ref>{{Cite web|title=Regional gross domestic product: city regions|url=https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductcityregions|access-date=13 September 2023|website=ons.gov.uk|archive-date=1 September 2023|archive-url=https://web.archive.org/web/20230901145758/https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductcityregions|url-status=live}}</ref> | label1 = [[Liverpool City Council|Liverpool]] <br>(£15.911 billion) | value1 = 39.3 | color1 = #890d4f | label2 = [[Metropolitan Borough of Wirral|Wirral]] <br>(£6.632 billion) | value2 = 16.38 | color2 = #bebc3b | label3 = [[Metropolitan Borough of Sefton|Sefton]] <br>(£5.431 billion) | value3 = 13.42 | color3 = #ffbd31 | label4 = [[Metropolitan Borough of Knowsley|Knowsley]] <br>(£4.557 billion) | value4 = 11.26 | color4 = #b6bdbc | label5 = [[Borough of Halton|Halton]] <br>(£4.498 billion) | value5 = 11.11 | color5 = #747474 | label6 = [[Metropolitan Borough of St Helens|St Helens]] <br>(£3.448 billion) | value6 = 8.52 | color6 = #ff2e5f }} The policy agenda of the [[Government of the United Kingdom|British Government]] is to continuously monitor the economy and productivity of the UK's [[Core Cities Group|core cities]] within the context of their respective [[city region]]s. The government's longer-term plan is to assess each area's potential for increased [[Devolution in the United Kingdom|devolution]] and transfer of additional powers and budgets from central government in [[Whitehall]] to their corresponding [[Combined authority|combined authorities]]. As such, official statistics about Liverpool's economy within the context of the [[Liverpool City Region]], are closely monitored by the [[Office for National Statistics]]. This allows policy and decision makers to more accurately assess the 'functional economic area' of the city, which is not bound by traditional [[Local government in England|local government geographies]].<ref>{{Cite web|title=Combined Authorities and Regions (December 2017) Map in England|url=https://geoportal.statistics.gov.uk/documents/ons::combined-authorities-and-regions-december-2017-map-in-england-1/explore|access-date=14 September 2023|website=geoportal.statistics.gov.uk|archive-date=18 September 2023|archive-url=https://web.archive.org/web/20230918184740/https://geoportal.statistics.gov.uk/documents/ons::combined-authorities-and-regions-december-2017-map-in-england-1/explore|url-status=live}}</ref><ref>{{Cite web|title=English devolution: combined authorities and metro mayors|url=https://www.instituteforgovernment.org.uk/article/explainer/english-devolution-combined-authorities-and-metro-mayors|access-date=14 September 2023|website=instituteforgovernment.org.uk|date=15 July 2019|archive-date=18 September 2023|archive-url=https://web.archive.org/web/20230918184740/https://www.instituteforgovernment.org.uk/article/explainer/english-devolution-combined-authorities-and-metro-mayors|url-status=live}}</ref><ref>{{Cite web|title=Levelling up the UK's regional economies|url=https://www.centreforcities.org/reader/levelling-up-the-uks-regional-economies/the-development-of-mayoral-combined-authorities|access-date=14 September 2023|website=centreforcities.org|archive-date=18 September 2023|archive-url=https://web.archive.org/web/20230918184744/https://www.centreforcities.org/reader/levelling-up-the-uks-regional-economies/the-development-of-mayoral-combined-authorities/|url-status=live}}</ref><ref>{{Cite web|title=Briefing Paper: Number 06649, 17 December 2019: Combined authorities|url=https://researchbriefings.files.parliament.uk/documents/SN06649/SN06649.pdf|access-date=14 September 2023|website=researchbriefings.files.parliament.uk|archive-date=7 May 2022|archive-url=https://web.archive.org/web/20220507211446/https://researchbriefings.files.parliament.uk/documents/SN06649/SN06649.pdf|url-status=live}}</ref><ref>{{Cite web|title=A guide to devolution and why it matters|url=https://www.newlocal.org.uk/articles/a-guide-to-devolution-and-why-it-matters|access-date=14 September 2023|website=newlocal.org.uk|date=24 January 2020|archive-date=18 September 2023|archive-url=https://web.archive.org/web/20230918212613/https://www.newlocal.org.uk/articles/a-guide-to-devolution-and-why-it-matters/|url-status=live}}</ref> As of 2023, there are 10 city regions in England with Combined Authorities. The economy of [[Liverpool City Region Combined Authority|Liverpool's combined authority]] area in comparison to the other city regions is as follows: {|class="wikitable sortable" |+Economy of [[Liverpool City Region]] compared to all [[Combined authority|combined authority areas]] in England<ref>{{Cite web|title=Regional gross domestic product: city regions|url=https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductcityregions|access-date=14 September 2023|website=ons.gov.uk|archive-date=1 September 2023|archive-url=https://web.archive.org/web/20230901145758/https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductcityregions|url-status=live}}</ref> ! Combined authority area || [[Core Cities Group|Core city]] (if applicable) ||GVA (2021)<br />(£ billions) ||GDP (2021)<br />(£ billions)||GDP per head (2021)<br />(£) |- | [[Cambridgeshire and Peterborough Combined Authority|Cambridgeshire and Peterborough]] || || 28.648 || 31.698 ||align="right" | 35,348 |- | [[Greater Manchester Combined Authority|Greater Manchester]] || [[Manchester]] || 78.744 || 87.703 ||align="right" | 30,576 |- | [[Liverpool City Region Combined Authority|Liverpool City Region]] || Liverpool || 35.345 || 40.479 ||align="right" | 26,086 |- |[[North East Combined Authority|North East]] || || 22.516 || 26.255 ||align="right" | 23,038 |- | [[North of Tyne Combined Authority|North of Tyne]] || [[Newcastle upon Tyne]] || 19.725 || 22.444 ||align="right" | 27,075 |- | [[South Yorkshire Mayoral Combined Authority|South Yorkshire]] || [[Sheffield]] || 28.971 || 33.528 ||align="right" | 24,399 |- | [[Tees Valley Combined Authority|Tees Valley]] || || 14.241 || 16.346 ||align="right" | 24,103 |- | [[West Midlands Combined Authority|West Midlands]] || [[Birmingham]] || 70.961 || 79.076 ||align="right" | 27,117 |- | [[West of England Combined Authority|West of England]] || [[Bristol]] || 34.110 || 37.571 ||align="right" | 39,371 |- | [[West Yorkshire Combined Authority|West Yorkshire]] || [[Leeds]] || 60.137 || 67.607 ||align="right" | 28,769 |}
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