Southampton is a city that contributes over 2billion to the British economy every year and boosts some of the most famous household names in the UK EB& Q, HSBC, Skandia and Ordnance Survey just to name a few. There are over 7,700 businesses operating in Southampton and provides employment for over 139,000 people and is also the one of the countrys leading commercial dockyards. Southampton has a population of around 231,200 and has been named retail capital of the south coast.
The Docks of Southampton have always been a large employer in the city. In the citys heyday, it would of handle about half of all the passengers travelling to the UK. Today it is more renowned for its luxury cruise ships that often dock in the city and is also the biggest freight port on the Channel and the fourth largest in the UK by tonnage.
Some of the other major employees in the city include Ordnance Survey, is the company responsible for mapping Britain and keep us up to date. The Lloyds Register Group has announced plans to move to a new unit on the University of Southampton campus.
In the current economy, Southampton has been hit hard by the recession. Especially in and around the docks of the city with people not enjoying the exotic cruises like before and local businesses taking a big dip in profits and sales. All this has lead to companies, big and small, making lots jobs cuts and even some going into administration. Figures that have been released reveal that the UK is experiencing the largest recession since 1991. House prices across the region have hit rock bottom the UK economy has slowed right down. The banks are not lending money like they were before but are still giving out high city wages and bonuses.
Local and National Governments have encouraged people to keep spending money to help boost the local economy. The local government have proved this by proposing a series of redevelopment projects which will include the citys first skyscraper on the waterfront. The three towers proposed will stand 23 storeys high and will be surrounded by smaller apartment blocks, office blocks and shops. There are also plans for a 15 storey hotel at the Ocean Village marina and a 21 storey hotel on the north eastern corner of the city centre, as part of a 100m development.
All of this is a sign we are starting to finally emerge from the worst recession in years. As we do emerge from this recession, you can help the local economy from the comforts of your own home by using your local online guide, Activ Southampton. You can help the local economy by spending just a small amount of money to promote your business on the internet with Activ Southampton.
Just a small outlay (less than how much it costs to advertise in the local paper for one night) will purchase advertising space on Southamptons best local community town site spending money to advertise your business on the net, you will allow more people to see your company and divert more visitors to your website and potentially more customers. With Activ Southampton being a local website made for the local community it will also mean that most people that will come to your site are likely to be local and will boost your local reputation amongst the local people.
By promoting your business on Activ Southampton you are potentially helping to put Southampton in an even better place to help fight against the recession that has wrecked havoc up and down the country.
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