The Great City of Cardiff
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About Cardiff - Cardiff
Cardiff is the principal finance and business services centre in Wales and a major UK city, and as such there is a strong representation of finance and business services in the local economy. In December 2003, 33,850 individuals were employed in the sector - higher than the proportion across both Wales (9.6%) and Great Britain (15.4%). Cardiff has one of the fastest growing economies in Europe and is currently enjoying several regeneration projects like the $1.4billion International Sports Village in Cardiff Bay which will play a part in London 2012 Olympics. Cardiff is a major fast growing city withen the British Isles
Legal & General, Admiral Insurance, HBOS, Zurich, ING Direct, The AA, Principality Building Society, 118118, British Gas, Brains, SWALEC Energy and BT (based in Stadium House all operate large contact centres in the city, many based in Cardiff's office towers such as Capital Tower and Brunel House. Other major employers include NHS Wales and the National Assembly for Wales.
Cardiff has a major international airport. The airport is the fastest growing airport in Northern Europe with an expected increase of 150% withen coming years acording to the British White Paper of Avation.
Cardiff is home to the Welsh media. BBC Wales, S4C and ITV Wales have their studios in the city and the UK's largest film, TV & multimedia sector outside London. Employment in the sector has grown significantly in recent years, and currently provides employment for 2.1% of the city's workforce - higher than the level across Wales (1.1%) and marginally lower than that across Great Britain as a whole (2.2%).
Former UK PM, Tony Blair said [Cardiff has become] one of the foremost cities of Europe. Cardiff has been one of the few major UK cities to grow in population in recent years.
Retail also plays a strong role in the city's employment, with it being crowned the 8th best place to shop in the UK according to recent surveys, and this ranking is likely to rise once the St. David's 2 shopping development is completed. The majority of Cardiff's shopping portfolio is in the city centre around Queen Street and St. Mary's Street. There are also numerous suburban retail parks, serving the city. Cardiff is also reputed to have the oldest record shop in the world in Spillers Records, which was established in 1894.
The city is also host to S A Brain, a brewery with premises in Cardiff since 1882. The current brewery is located next to Central Station.
In 2003 Cardiff combined with the Vale of Glamorgan had a GDP of £8.335 billion GBP. The GDP per head was £18,794, making the city more affluent than the UK as a whole, at 116% of the UK average or 146% of the Welsh average.
Source: Wikipedia
