What does a recession mean for Greater Manchester?
These headlines and statements this morning are enough in themselves to set alarm bells ringing, but what does a recession actually mean? And how is this set to impact Manchester moving forwards?
The Chancellor has made no bones about it: The UK is in for tough times.
These headlines and statements this morning are enough in themselves to set alarm bells ringing, but what does a recession actually mean? And how is this set to impact Manchester moving forwards?
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What is a recession and how does it affect people?
The coronavirus pandemic has wreaked havoc on nations worldwide, causing the value of goods and services – widely known as a country’s Gross Domestic Product (GDP) – to plummet.
This has led to economies shrinking.
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When shrinking occurs over two consecutive quarters (basically six months in a row), it is known as a recession.
The last recession was the 2007-08 global financial crisis, when GDP in Britain fell by over 6%.
However, the latest stats from the Office of National Statistics (ONS) show that GDP in 2020 has fallen by a whopping 20.4%.
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Many big nations have also suffered, with Germany and US suffering large declines.
But the stats show that the UK is officially one of the worst-hit countries in the continent.
Manchester City Council Leader, Sir Richard Leese, has already said that “recovering from the impacts of the coronavirus period and getting the city back on a positive trajectory is the greatest challenge we have faced in our lifetimes.”
The cold hard facts are that many more people in Manchester will lose their jobs as a result of the UK being in a recession.
Finding a new job can also prove more challenging in this sort of economic climate. Companies are left facing increased costs, which may mean they are reluctant to hire.
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Property values can also fall drastically.
However, this recession has long been anticipated. The council is putting a recovery plan in place – where ‘steps will be taken to support the city’s business base and help residents into employment while continuing to bring forward development and initiatives to stimulate the economy’.
Mr. Leese added: “We will be working closely with Manchester residents and businesses, as well as health services and other partner organisations including the voluntary and community sector, to keep this great city moving forwards. We want to ensure that nobody gets left behind and everybody can contribute to the recovery.”
The most recent UK recession more than 10 years ago lasted for over 12 months, but a lot will depend on how businesses can get back on their feet.
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The expectations are that the economy will see significant improvement if a vaccine is found.
Whilst Chancellor Sunak spoke of ‘difficult choices’ having to be made over the coming months, he did offer a ray of optimism for the tricky path ahead.
“We will get through this,” he pledged.
“And I can assure people that nobody will be left without hope or opportunity.”
News
Netflix drops the first trailer for upcoming Peaky Blinders film
Danny Jones
It looks like Christmas has come early for TV drama fans and cinephiles, because Netflix has officially dropped the first trailer for the upcoming Peaky Blinders movie.
Popcorn at the ready – even the teaser alone has got us fired up.
ln just 70 seconds, they’ve managed to pull us right back in, and we cannot wait to see Cillian Murphy back in full-on Tommy Shelby mode.
Not exaggerating when we say we have LITERAL chills.
As you can see, they certainly haven’t scrimped on the budget with the first-ever feature-length Peaky Blinders film, neither in terms of production value nor the cast.
Then again, having already hosted the likes of Sam Neill, Tom Hardy, Adrien Brody, Anya Taylor-Joy and others in the series itself, as well as going on to become one of the most successful BBC shows of all time, they were never going to.
We’re sure you spotted plenty of them for yourselves, but the debut trailer for The Immortal Man gives us not only our first glimpses of now Oscar-winning Murphy, 49, back in the saddle (both figuratively and literally) but also fellow blockbuster Irish actor, Barry Keoghan.
Other big names set to appear in the movie – set for a limited release in theatres before launching exclusively on Netflix – include Rebecca Ferguson and Tim Roth. It still remains unclear, however, as to how any of these characters will knit into the new season.
It’s also worth noting that the trailer shares a little snippet of the historical context, this continuation of the Shelby story is playing into, as we see what looks to be Nazi figures meeting on screen.
Creator Steven Knight has already confirmed that the plot will fast-forward some years to meet back up with Tommy at the outset of WWII and his ancestral home of Birmingham during the Blitz.
Having already confirmed 6 March as the theatrical release date ahead of it going live on Netflix a fortnight later, the anticipation was seriously starting to ramp; this latest look has only added to the tinderbox of excitement.
What do you make of the Peaky Blinders: The Immortal Man trailer, and will you be watching it?
Appeal to find two individuals after man is left with ‘serious head and face injuries’ in Altrincham attack
Danny Jones
Trafford Police are trying to find two men following an attack outside a takeaway in Altrincham earlier this year.
The incident, which took place outside Canada Grill on Railway Street a couple of months ago, has left one individual with serious.
Reported to have occurred at around 2am on Sunday, 19 October, the identity of the pair who have since been revealed on CCTV footage is still unknown.
You can see both male suspects pictured below.
#APPEAL | Can you help us identify these men as we believe they can help with our investigation of an assault at Canada Grill, #Altrincham on 19/10/25 at 2am?
The victim has serious injuries to their head and face
Since shared by Greater Manchester Police (GMP) at large on social media, officers investigating the case are appealing for anyone who recognises them to come forward.
While the exact extent of the damage done and the condition of the other person involved in the altercation has not been fully disclosed, they are believed to have been left with significant “head and facial injuries”.
The Manc -
12th August 2020 
