If we are not careful, this will become a self-fulfilling prophecy and we will be engulfed in a vicious downwards spiral of financial gloom. Yes, these are challenging times, with the global pandemic and the war in Ukraine putting pressure on countries across the world, but I believe it’s time to talk up our economic potential rather than decry it. This is particularly true when it comes to the city of Leeds.
This optimistic picture is underpinned by the latest EY Regional Economic Forecast for the economy in Yorkshire and the Humber, which predicts that the city will be well-placed to benefit from and contribute to the UK’s return to prosperity over the next few years, as it drives economic growth in the North and across the country.