This article needs to be updated.(January 2014) |
Bristol is a city in south west England. Its economy has long connections with the sea and its ports. In the 20th century aeronautics played an important role in the economy, and the city still plays a role in the manufacture of aircraft. Bristol is also a tourist destination, and has significant media, information technology and financial services sectors. [1] Reports released in 2018 showed that the city is growing exponentially with a projected 2.3 percent annual growth rate until 2020. [2]
Bristol's economy has been prosperous since the age of the slave trade. It was one of England's main slave-trading hubs and that by the early 18th century, this trade accounted for half of the city's entire income. [3] It steadily increased its market share so that at its peak, it claimed 70 percent of the slave voyages to America. [4] Financial institutions emerged to support it and while the slave trade has long been abolished, the banks have persisted. This is seen in the way the city enjoys one of the highest concentrations of finance jobs in the United Kingdom today. [3]
When the slave trade ceased, Bristol began transitioning into a manufacturing city during the age of Industrial Revolution. The rate, however, of growth was significantly lower than main industrial regions of Britain such as the Midlands and North. [5] In the nineteenth century, the city's economy sustained a gradual decline. At the dawn of the twentieth century, it was 10th among the league of British cities. The economy began to pick up after this period especially with a series of economic reforms such as the change in the port administration. [6] Industries began to thrive like those involved in the manufacture of cotton, tobacco, and chocolate as well as shipbuilding.
Year | GVA (£million) | Growth (%) |
---|---|---|
2002 | 8,463 | 5.8% |
2003 | 8,812 | 4.1% |
2004 | 9,149 | 3.8% |
2005 | 9,599 | 4.9% |
2006 | 9,928 | 3.4% |
2007 | 10,759 | 8.4% |
2008 | 10,949 | 1.8% |
2009 | 11,110 | 1.5% |
2010 | 11,924 | 7.3% |
2011 | 11,550 | 3.1% |
2012 | 11,740 | 1.6% |
In 2012, Bristol's gross value added (GVA) was £11.7bn, accounting for 21.8% of the GVA of the Gloucestershire, Wiltshire and Bristol/Bath area, 11.6% of the GVA of South West England, and 0.8% of the GVA of the UK. [7] The economy of Bristol fared comparatively well during the Great Recession of 2008–10 and continued to grow while most cities shrank, but in 2011 the economy contracted by 3.1%. Whilst Bristol's economy is in recovery, it remains 1.5% behind its peak output in 2010.
Compared with other major cities, Bristol enjoys a high GVA per head value, £27,148, the highest amongst the Core Cities and overall fifth highest in the United Kingdom after London, Edinburgh, Belfast and Glasgow. [7]
Area | GVA (£million) | Annual GVA growth (%) | GVA (£ per head) | GVA per head growth (%) |
---|---|---|---|---|
Bristol | 11,740 | 1.6% | 27,148 | 0.6% |
Gloucestershire, Wiltshire and Bristol/Bath area | 53,746 | 1.9% | 22,663 | 1.0% |
Core Cities average 1 | 17,040 | 2.3% | 21,927 | 1.3% |
1 excluding Bristol, included Birmingham, Leeds, Liverpool, Manchester, Newcastle, Nottingham and Sheffield
GVA per employee in Bristol was estimated to be £33,900 in 2012. Compared with other major cities, it is relatively low, behind all other major cities in the United Kingdom. Between 2007 and 2012, productivity in Bristol shrank 4%.
Area | GVA per worker (£) | % change 2007–12 |
---|---|---|
Bristol | 33,900 | 4% |
Core Cities average 2 | 41,900 | 12.4% |
2 excluding Bristol, included Birmingham, Leeds, Liverpool, Manchester, Newcastle, Nottingham and Sheffield
In 2000 Bristol's unemployment rate was 5.9%, compared to 4.8% for the south west, 5.8% for England, and 6.0% for the United Kingdom. [9] In 2005 this was down to 5.2%, compared to 3.6% for the South West and 4.8% for the United Kingdom. [10]
In 2000, employment in the former County of Avon area was categorised into the following sectors: [11]
Sector | Employees | % |
---|---|---|
Public services | 134,699 | 27.5 |
Business & financial services | 95,604 | 19.5 |
Wholesale & retail | 76,972 | 15.7 |
Manufacturing | 64,538 | 13.2 |
Transport & communications | 36,248 | 7.4 |
Construction | 33,939 | 6.9 |
Hotels & restaurants | 25,580 | 5.2 |
Primary industry | 5,522 | 1.1 |
Other | 16,198 | 3.3 |
Recent employment figures released by the Office for National Statistics Office stated that the South West region has posted a 79.4 percent employment rate, which is higher than the rest of the country, including major cities such as London and the South East. [2]
In the 20th century, Bristol's manufacturing activities expanded to include aircraft production at Filton, six miles (10 km) north of the city centre, by the Bristol Aeroplane Company, and aero-engine manufacture by Bristol Aero Engines (later Rolls-Royce) at Patchway. The aeroplane company became famous for the World War I Bristol Fighter, and Second World War Blenheim and Beaufighter aircraft. In the 1950s it became one of the country's major manufacturers of civil aircraft, with the Bristol Freighter and Britannia and the huge Brabazon airliner.
In the 1960s Filton played a key role in the Anglo-French Concorde supersonic airliner project. Concorde components were manufactured in British and French factories and shipped to the two final assembly plants by road, sea and air. The French assembly lines were in Toulouse in southern France with the British lines in Filton. The very large three-bay hangar built for the Bristol Brabazon was available for Concorde production.
The French manufactured the centre fuselage and centre wing and the British the nose, rear fuselage, fin and wingtips. The largest proportion of the British share of the work was the powerplant, the Rolls-Royce/Snecma 593. The engine's manufacture was split between British Aircraft Corporation, Rolls-Royce (Filton) and SNECMA at Villaroche near Paris.
The British Concorde prototype G-BSST made its 22-minute maiden flight from Filton to RAF Fairford on 9 April 1969, the French prototype F-WTSS had flown from Toulouse five weeks earlier. Most of the employees of BAC and Rolls-Royce, plus a huge crowd, watched from around the airfield. Fairford was chosen as the test airfield for Concorde because the runway at Filton was rejected for test flying, its length was inadequate and there were problems with the slope, and the first 1000 feet (300 m) of the runway at its eastern (A38) end could not be used. However, from the end of 1977, all test flying on the second production aircraft G-BBDG was done from Filton, following the closure of the BAC Fairford test base.
In 2003 the two airlines using Concorde (British Airways and Air France) and the company supplying spares and support (Airbus) made the decision to cease flying the aircraft and to retire them to locations (mostly museums) around the world. For the location of all the aircraft see Concorde.
On 26 November 2003, Concorde 216 (G-BOAF) made the final ever Concorde flight, returning to Filton airfield to be kept there permanently as the centrepiece of a projected air museum. This museum will include the existing Bristol Aero Collection which until May 2012 operated a public museum in a hangar at Kemble Airfield, forty miles (60 km) from Filton. This collection includes Bristol-built helicopters and missiles The major aeronautical companies in Bristol now are BAE Systems, Airbus and Rolls-Royce, both based at Filton.
Another important aeronautical company in the city is Cameron Balloons, a manufacturer of hot air balloons. Annually, in August, the city is host to the Bristol International Balloon Fiesta, one of Europe's largest hot air balloon events.
The Bristol Port Company operates the surviving commercial docks of the Port of Bristol at Portbury and Avonmouth. Since privatisation in 1991 trade has increased to 12 million tonnes per annum, with a revenue exceeding £75 million, [12] making it the fifteenth largest port in the UK, tenth largest in England. [13] The main trades are forest products, cars, containers, bulk (coal, grain, animal feeds, aggregates), liquids (petroleum, aviation fuel, molasses, fruit juice), metals, and fresh produce. Plans are in place to massively increase capacity by building a new deepsea container terminal capable of handling ships up to 12,000 TEU. [14] [15]
Bristol has long been a major BBC production centre, based at Broadcasting House, renowned for its BBC Natural History Unit, and is a base of ITV Wales & West. Oscar-winning Aardman Animations was established in 1972 in Bristol. In 2010, The Bottle Yard Studios was opened in partnership with Bristol City Council, which in 2021 was credited with helping achieve about a tripling of drama production in Bristol since 2010. [16] One of the two Channel 4 Creative Hubs opened in 2020 in Finzels Reach. [17]
As one of the largest ports in the UK, Bristol became very important in the tobacco trade. It is still the headquarters of Imperial Tobacco Group, the world's fourth largest international tobacco company. Imperial's group headquarters was consolidated into a new award-winning premises designed by architects AWW inspired environments and is located on the Winterstoke Road.
The Bristol Aeroplane Company diversified into car manufacturing in the 1940s, building luxury hand-built cars at their factory in Filton, under the name Bristol Cars. The car manufacturer became independent from the Bristol Aeroplane Company in 1960. The company ceased manufacturing in March 2011 when it called in the receivers. [18]
During the 19th century coal mining was important in parts of Bristol providing the energy for manufacturing industry. The coal field is part of a large area which stretched from the Somerset coalfield into Gloucestershire. All pits have now closed.
Bristol is a city, ceremonial county and unitary authority in England. On the River Avon, it is bordered by the ceremonial counties of Gloucestershire to the north and Somerset to the south. It is in the West of England Combined Authority and the most populous city in South West England. The wider Bristol Built-up Area is the eleventh most populous urban area in the United Kingdom.
Charles Stewart Rolls was a British motoring and aviation pioneer. With Henry Royce, he co-founded the Rolls-Royce car manufacturing firm. He was the first Briton to be killed in an aeronautical accident with a powered aircraft, when the tail of his Wright Flyer broke off during a flying display in Bournemouth. He was aged 32.
The Bristol Aeroplane Company, originally the British and Colonial Aeroplane Company, was both one of the first and one of the most important British aviation companies, designing and manufacturing both airframes and aircraft engines. Notable aircraft produced by the company include the 'Boxkite', the Bristol Fighter, the Bulldog, the Blenheim, the Beaufighter, and the Britannia, and much of the preliminary work which led to Concorde was carried out by the company. In 1956 its major operations were split into Bristol Aircraft and Bristol Aero Engines. In 1959, Bristol Aircraft merged with several major British aircraft companies to form the British Aircraft Corporation (BAC) and Bristol Aero Engines merged with Armstrong Siddeley to form Bristol Siddeley.
The British Aircraft Corporation (BAC) was a British aircraft manufacturer formed from the government-pressured merger of English Electric Aviation Ltd., Vickers-Armstrongs (Aircraft), the Bristol Aeroplane Company and Hunting Aircraft in 1960. Bristol, English Electric and Vickers became "parents" of BAC with shareholdings of 20%, 40% and 40% respectively. BAC in turn acquired the share capital of their aviation interests and 70% of Hunting Aircraft several months later.
Filton is a town and civil parish in South Gloucestershire, England, 6 miles (10 km) north of Bristol. Along with nearby Patchway and Bradley Stoke, Filton forms part of the Bristol urban area and has become an overflow settlement for the city. Filton Church dates back to the 12th century and is designated a Grade II listed building.
The Rolls-Royce Olympus was the world's second two-spool axial-flow turbojet aircraft engine design, first run in May 1950 and preceded only by the Pratt & Whitney J57, first-run in January 1950. It is best known as the powerplant of the Avro Vulcan and later models in the Concorde SST.
Patchway is a town in South Gloucestershire, England, situated 10 km (6.2 mi) north-north west of central Bristol. The town has become an overflow settlement for Bristol and is contiguous with Bristol's urban area, along with the nearby towns of Filton and Bradley Stoke.
Bristol is a city with a population of nearly half a million people in south west England, situated between Somerset and Gloucestershire on the tidal River Avon. It has been among the country's largest and most economically and culturally important cities for eight centuries. The Bristol area has been settled since the Stone Age and there is evidence of Roman occupation. A mint was established in the Saxon burgh of Brycgstow by the 10th century and the town rose to prominence in the Norman era, gaining a charter and county status in 1373. The change in the form of the name 'Bristol' is due to the local pronunciation of 'ow' as 'ol'.
Bristol Siddeley Engines Ltd (BSEL) was a British aero engine manufacturer. The company was formed in 1959 by a merger of Bristol Aero-Engines Limited and Armstrong Siddeley Motors Limited. In 1961 the company was expanded by the purchase of the de Havilland Engine Company and the engine division of Blackburn Aircraft. Bristol Siddeley was purchased by Rolls-Royce Limited in 1966.
Filton Airport or Filton Aerodrome was a private airport in Filton and Patchway, within South Gloucestershire, 4 NM north of Bristol, England.
Fishponds is a large suburb in the north-east of the English city of Bristol, about 3 miles (5 km) from the city centre. It has two large Victorian-era parks: Eastville Park and Vassall's Park. The River Frome runs through both with the Frome Valley Walkway alongside it. A restored mill found at Snuff Mills near the Vassall's Park end of the river has kept its original waterwheel, which can still be seen and heard turning. Eastville Park has a large boating lake with central wildlife reserves. Fishponds is mainly residential. Two main bus routes pass through. Housing is typically terraced Victorian. The high street shops include an international supermarket, Asian food store, charity shops, takeaways and Lidl, Aldi and Morrisons supermarkets. It has a small student population from the presence of the Glenside campus of the University of the West of England. The name Fishponds derives from when it was a quarry district, like nearby Soundwell. The empty quarries became large fishponds, which have since been filled in. One remained until the mid-1970s, when it was officially closed: a popular swimming area named "The Lido" by locals. It now belongs to an angling club.
Cosmos Engineering was a company that manufactured aero-engines in a factory in Fishponds, Bristol during World War I. Sir Roy Fedden, the company's principal designer, developed the 14-cylinder radial Mercury engine during this period. The company was taken over by the Bristol Aeroplane Company in 1920.
Charlton was the name of a small village or large hamlet in Gloucestershire, England with a Bethel Chapel and Sunday School. It was demolished in the late 1940s. Its site is occupied by part of the derelict runway and safety margins of the former Bristol Filton Airport. The village was located between Filton and what is today the Cribbs Causeway out-of-town commercial and retail area immediately north of Bristol. To the north of the village lay fields and Over Court Deer Park, which is today Bristol Golf Club.
Rolls-Royce Limited was a British luxury car and later an aero-engine manufacturing business established in 1904 in Manchester by the partnership of Charles Rolls and Henry Royce. Building on Royce's good reputation established with his cranes, they quickly developed a reputation for superior engineering by manufacturing the "best car in the world". The business was incorporated as "Rolls-Royce Limited" in 1906, and a new factory in Derby was opened in 1908. The First World War brought the company into manufacturing aero-engines. Joint development of jet engines began in 1940, and they entered production in 1944. Rolls-Royce has since built an enduring reputation for the development and manufacturing of engines for military and commercial aircraft.
Royal Air Force Filton or more simply RAF Filton is a former Royal Flying Corps (RFC) and Royal Air Force (RAF) station located 5 miles (8 km) north of the city centre of Bristol, England.
The aerospace industry of the United Kingdom is the second-largest national aerospace industry in the world and the largest in Europe by turnover, with a global market share of 17% in 2019. In 2020, the industry employed 116,000 people.
Bristol (Whitchurch) Airport, also known as Whitchurch Airport, was a municipal airport in Bristol, England, three miles (5 km) south of the city centre, from 1930 to 1957. It was the main airport for Bristol and the surrounding area. During World War II, it was one of the few civil airports in Europe that remained operational, enabling air connections to Lisbon and Shannon and onwards to the United States.
William John Strang, CBE, FRS, FREng, FRAeS was a British aerospace engineer. He worked all of his professional career in the aerospace industry, mostly at Filton and Bristol, and was Technical Director of British Aerospace until he retired in 1983. From 1983 until 1990, he was Chairman of the Civil Aviation Airworthiness Requirements Board. He was appointed a CBE in 1973; and in 1997 he was elected a Fellow of the Royal Academy of Engineering. Strang was a major influence on the innovation and the aerodynamic design of Concorde and in 1977 was appointed a Fellow of the Royal Society.
The United Kingdom, where the Industrial Revolution began in the late 18th century, has a long history of manufacturing, which contributed to Britain's early economic growth. During the second half of the 20th century, there was a steady decline in the importance of manufacturing and the economy of the United Kingdom shifted toward services. Manufacturing, however, remains important for overseas trade and accounted for 44% of goods exports in 2014. In June 2010, manufacturing in the United Kingdom accounted for 8.2% of the workforce and 12% of the country's national output. The East Midlands and West Midlands were the regions with the highest proportion of employees in manufacturing. London had the lowest at 2.8%.
Aerospace Bristol is an aerospace museum at Filton, to the north of Bristol, England. The project is run by the Bristol Aero Collection Trust and houses a varied collection of exhibits, including Concorde Alpha Foxtrot, the final Concorde to be built and the last to fly.
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