An HSBC report named Brighton as one of five 'supercities' that will boost the UK's economy.

Brighton is predicted to become a supercity focusing on new economic endeavours like digital media, broadcasting, nanotechnology, cybernetics and other bio and technological sciences over the next twenty years.

The supercity phenomenon has been driven by the recession which has highlighted the need to find innovative ways of working in order to increase international business and entrepreneurship.

Powerhouse Economy

Commissioned by HSBC, the report was written by The Future Laboratory, a global company for trend forecasting, consumer insight and brand strategy. It predicts that Brighton will emerge as a powerhouse economy over the next twenty years in what will be the biggest shake-up since the industrial revolution.

Author Martin Raymond said, 'These supercities will derive their status, income and prestige from new economic income streams such as biotech, stem cell research, innovation, gaming and even alternative work practices and business models.

Head of Sussex Enterprise Mark Froud said, 'Brighton and Hove is unique.  There is only one of its kind in the world and that is its great strength.'  The city is already a 'media hotspot' but it is also now attracting leading lights in the computer gaming industry.  Around 11% of the city's workforce is employed in creative industries, which is far above the national average of 3%.

HSBC REPORT  CLICK FOR LINK TO EXECUTIVE SUMMARY