Think tank The Resolution Foundation said the city is 'at the foothills' of its economic revival.
, the report said that on current trends it would take almost a century to close the productivity gap with London to a "reasonable point".Launching the report at an event on Tuesday, Henry Overman, one of the authors of the report said that "major change is needed".
Manchester council leader Bev Craig said: "We have a plan. We have a mission. We have a track record to deliver it. "But ultimately, we still need more levers, more resource and more political will from national government to get us to where we want to be." The report called for a bigger city centre, which would attract more "knowledge-intensive "businesses in sectors like IT and insurance and more highly-skilled workers.It said more office space should be created in the city centre with new housing to be built around it - a different approach to the current long-held plans for the city-region - with more housebuilding in places like Tameside, Rochdale, Stockport and Bury.
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