Manchester is a centre for commerce and Economic growth in the North of England. Well known for its elaborate shopping centres and bustling city retail outlets. These traditionally have been the main drivers of business growth within Manchester for many years. However more recently there have been several new industries that have been making headway and producing business growth trends within the city.
Stock Trading
One of the biggest and most noticeable increases in business throughout the city has been that of Stock trading. Stock trading is when people buy and sell stocks and shares in order to earn a return on their investment. This can be a risky business and profits can often turn into losses depending on the way the market reacts with different changes.
Manchester has seen a significant surge in the number of traders appearing within the market and buying and selling stocks and shares on behalf of investment firms or syndicates. One of the reasons that there has been a surge in activity within this field has been due to Instagram influencers. Many Instagram influencers are encouraging others to trade with a company on their behalf. This serves as a kind of affiliate programme.
Digital Marketing
In addition to stocks and shares trading , there have also been a number of businesses that have set up digital marketing companies across Manchester. This has led to an increase in demand for digital marketing services with businesses of all sizes becoming interested in what these services have to offer.
As well as improving the marketing expertise of a number of businesses in Manchester , these digital marketing companies have also lead to demand from businesses outside Manchester which has helped to greatly boost the local economy overall.
In the near future the local council in Manchester hopes to supply and support more similar local businesses with loans and business support grants in order to encourage more investment and prosperity throughout the Cities private sector.
