The science economy
[av_section min_height='' min_height_px='500px' padding='default' shadow='no-shadow' bottom_border='no-border-styling' bottom_border_diagonal_color='#333333' bottom_border_diagonal_direction='scroll' bottom_border_style='scroll' scroll_down='' id='' color='main_color' custom_bg='' src='' attach='scroll' position='top left' repeat='no-repeat' video='' video_ratio='16:9' video_mobile_disabled='' overlay_enable='' overlay_opacity='0.5' overlay_color='' overlay_pattern='' overlay_custom_pattern='' av-desktop-hide='' av-medium-hide='' av-small-hide='' av-mini-hide='' av_element_hidden_in_editor='0'][av_one_full first min_height='' vertical_alignment='' space='' custom_margin='' margin='0px' padding='0px' border='' border_color='' radius='0px' background_color='' src='' background_position='top left' background_repeat='no-repeat' animation='' mobile_breaking='' mobile_display=''][av_image src='https://romalcapital.co.uk/wp-content/uploads/2018/01/science.jpg?_t=1516115547' attachment='527' attachment_size='full' align='center' styling='' hover='' link='' target='' caption='' font_size='' appearance='' overlay_opacity='0.4' overlay_color='#000000' overlay_text_color='#ffffff' animation='no-animation' custom_class='' admin_preview_bg=''][/av_image][/av_one_full][av_one_full first min_height='' vertical_alignment='' space='' custom_margin='' margin='0px' padding='0px' border='' border_color='' radius='0px' background_color='' src='' background_position='top left' background_repeat='no-repeat' animation='' mobile_breaking='' mobile_display=''][av_textblock size='' font_color='' color='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' custom_class='' admin_preview_bg='']
The science economy
[/av_textblock][av_textblock size='' font_color='' color='' av-medium-font-size='' av-small-font-size='' av-mini-font-size='' custom_class='' admin_preview_bg='']More than 10,000 highly skilled and well-paid people work in the life sciences sector in Liverpool, generating £1.7bn a year in economic output. The city hums with the output of research establishments, many for global giants such as Astra Zeneca, Seqirus, Eli Lilly and Actavis, and £2bn of investment is now committed to growing the sector.Projects include IBM and the Science and Technology Facilities Council’s new Hartree Centre; Unilever’s new £24million Advanced Manufacturing Centre; the £65m Materials Innovation Factory, and Sensor City, one of only four University Enterprise Zones awarded by Government.These investments are mirrored by huge public sector investment in medical research at the city’s hospitals and universities , of which the famous Liverpool School of Tropical Medicine – now heavily funded by Bill Gates in his quest to defeat malaria – is perhaps the most well-known.Building on this heritage and that of Liverpool’s three universities, a new £1bn research and production hub called the Knowledge Quarter is currently under construction, with significant early gains in terms of jobs and research investment thanks to its innovative Accelerator laboratories on the city’s booming health campus (Liverpool has more specialised hospitals and health centres than any UK city outside London and 108,000 people now work in the city’s health sector).Liverpool’s science economy is driving growth in wages and demand for quality homes such as those that will be provided at Quay Central. More than 2,000 jobs alone are predicted to be created at the Knowledge Quarter.[/av_textblock][/av_one_full][/av_section]