Much is made these days, for good or for ill, of the focus of investment markets into London. But now there is a new and highly significant investment trend emerging. At recent investor events, UK city leaders have begun to see a new push towards investment elsewhere.
Clever money is starting to look closely to other British cities as a destination for their funds. Shrewd investors are beginning to look at markets outside of London, believing them to offer greater value uplift and improved yields.
Why is this happening? Well it is partly to do with a new sense of self-determination in our UK cities. Over the past couple of years I have launched a series of City Deals in Britain.