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
Police confirm man was arrested ‘on suspicion of making an explosive device’ in Gay Village
Daisy Jackson
Police have confirmed that the man who was detained in the midst of an incident in the Gay Village yesterday was arrested on suspicion of making an ‘explosive device’.
A huge cordon was in place in the Canal Street area in the city centre on Monday 11 May, after members of the public reported a ‘chemical smell’ coming from a hotel at around 10.45am.
Emergency services attended the scene and found chemical substances in a hotel room.
The man, who was believed to be the occupant of the hotel room, was detained at the scene.
Greater Manchester Police have since confirmed that he was ‘detained on suspicion of making an explosive device’ and was taken into custody for questioning.
In an update shared yesterday, they wrote: “The response to the incident on Canal Street in Manchester city centre is being reduced following reports of chemical substances being found.
“Emergency services examined items within a room inside a hotel following calls from the public at about 10:45am.
“A man, believed to be the occupant of the room, was detained on suspicion of making an explosive device and is currently in custody being questioned.
“Chemical substances found in the room have been examined and are in the process of being safely removed. The subsequent examination ruled out any explosive risk.
“We are working with the hotel management to return the establishment to normal after staff and guests were evacuated as a precaution.
“Staff from the fire service’s Hazardous Materials and Environmental Protection team remain in attendance to conduct tests and ensure the area is safe.
“We would like to thank the public and surrounding businesses for their patience as we continue with our work.”
No trams to run on major Greater Manchester line for two weeks as part of £150m improvement works
Emily Sergeant
Major disruption is on the horizon, as no trams are set to run on a major Greater Manchester line for two weeks this month.
As the next phase of the ongoing £150m investment into Greater Manchester’s tram network gets under way this month, essential track replacement work is set to be be carried out in a bid to make the network ‘safer’ and ‘more resilient and reliable’ for years to come.
Due to improvement works on the Oldham-Rochdale line – which is being carried out between Monsall and Newton Heath & Moston – there will be no trams between Manchester Victoria and Rochdale town centre for two weeks, starting from this Saturday 16 May right through to Friday 29 May.
The work being carried out will involve replacing sections of track and improving drainage along the route.
The track foundation will also be replaced where needed, as well as work to correct the alignment and level of the track.
No trams will be running on a major Greater Manchester line for two weeks from this weekend / Credit: TfGM
Transport for Greater Manchester (TfGM) has conceded that this is a ‘big and complex job’ – with 290 new concrete sleepers and 2,000 tonnes of pea gravel being used, and more than 5,000 tonnes of ballast set to be replaced.
But, when the work is done, it’s aiming to make journeys ‘smoother and more reliable’ for passengers, while improving the condition of the track for the long-term.
While the work is being carried out and the line is closed, bus replacement services will be in place between Victoria and Rochdale Town Centre, and more frequent Bee Network bus services will also call at the bus stops near each tram stop too, however tram tickets will only be accepted on the replacement bus, not on numbered bus services.
Elsewhere, work at Derker will also take place at the same to ‘minimise disruption’.
The track was made safe following a landslip in summer 2024, but now, a longer-term solution will see teams drive steel sheets into the ground to hold it in place and prevent further movement, before further work will be needed later in the year to complete the job.
And to top it off, from Monday 25 to Friday 29 May, improvement work to update equipment that has been in place since the line opened in 1992 will also take place at Piccadilly Gardens, and that means no trams will run between St Peter’s Square/Market Street and Piccadilly during this time.
Customers may need to change trams, take a short walk, or hop on the free bus to continue their journey.
Tram services will resume as normal from the start of service on Saturday 30 May, and passengers travelling during this period are urged to ‘plan ahead’.
Everything you need to know about the planned works is on the TfGM website here.
The Manc -
12th August 2020 
