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German cities richest in Europe, UK cities ranking low
20-11-2006

Research by Britain’s Barclays Bank shows that, by GDP, Frankfurt is Europe’s richest city. The southern German city of Karlsruhe is placed second, followed by Paris in third place. Seven out of the top ten cities are German. London, the highest ranked UK city, is in 23rd position. Liverpool occupies last place in the Barclays Bank ranking.
English provincial cities are lagging behind equivalent cities in mainland Europe. “They perform less well and make a smaller contribution to national economic welfare than many provincial cities in Germany and other European countries,” says a study carried out by the European Institute of Urban Affairs at Liverpool John Moores University.
The Liverpool University study was commissioned by the British Office of the Deputy Prime Minister (ODPM) and supported by the Core Cities Working Group, which is a partnership of the eight English provincial cities (Birmingham, Bristol, Leeds, Liverpool, Manchester, Newcastle, Nottingham, and Sheffield), the nine Regional Development Agencies, and the departments of central government primarily concerned with national economic performance, including the ODPM, the Treasury, and the Departments of Trade and Industry, Transport and Culture, Media and Sport.

Source: City Mayor

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