- The UK announced that Manchester will host the G20 summit in 2027.
- The region is actively promoting itself and inviting international leaders, including the US President, to host the G20 leaders' summit.
Iran War Price Increases Impact Greater Manchester Businesses
What happened
Business confidence in Greater Manchester rose to 14.9 from 13 in the second quarter, according to the Greater Manchester Business Index update. Despite this rise, leaders warned that long-term price increases resulting from the Iran war could continue to impact Northern businesses for a long time.
From aol.co.uk
Why it matters
Business leaders cautioned that the long-term effects of the Iran war could lead to further price increases, even as the region experiences a rise in sentiment. This economic pressure is occurring while Greater Manchester is preparing to host the G20 leaders' summit next year.
The region is actively promoting itself and inviting international leaders, including Donald Trump, to host the G20 leaders' summit, which the UK announced will be held in 2027.
From aol.co.uk
Who's involved
- Greater ManchesterMetropolitan county hosting the G20 leaders' summit
- G20Group of finance ministers and central bank governors
- Donald TrumpAmerican politician and leader invited to the G20 summit
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Greater ManchesterSpeculative
Northern businesses in Greater Manchester might face increased costs due to long-term price increases from the Iran war.
Keep exploring
The entities involved
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Greater Manchester
metropolitan county in North West England
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G20
group of finance ministers and central bank governors