The economy has been shaped by Leeds City Council's vision of building a '24 hour European city' and 'capital of the north’. Headingley stadium in Leeds holds international Test cricket matches, for example the Ashes between England & Australia.Major TNCs based in the city include Asda Group, BT and HSBC.The University of Leeds has more than 12,000 international students from more than 130 countries.Leeds is home to three internationally recognised universities.Leeds Bradford airport is the 9th busiest airport in terms of passenger numbers in England and links the city to major European centres and the USA.Why Leeds is an important city in the wider world Tourism - tourism supports an estimated 20,000 jobs in Leeds and, on average, attracts around 1.5 million people annually who stay overnight, plus a further 10 million who visit on day trips.The largest sub-sectors are engineering, printing, publishing, food and drinks, chemicals and medical technology. Industry - Leeds is the UK's third largest manufacturing centre with around 1,800 firms and 39,000 employees.There are a large number of pubs, bars, nightclubs and restaurants, as well as a multitude of venues for live music. Culture and entertainment - Leeds is one of the UK's hotspots for nightlife.Employment - Leeds has the third largest jobs total by local authority area with 480,000 in employment in 2015.There are over 30 national and international banks located in the city. Finance - After London, Leeds is the largest legal and financial centre in the UK.Education - It has 4 universities and the fourth largest student population in the UK.By the mid-20th century, Leeds expanded and absorbed the surrounding villages to become a large urban centre.During the Industrial Revolution, Leeds developed into a major mill town wool was the dominant industry but flax, engineering, iron foundries, printing, and other industries were important.The city developed as a market town in the middle ages as part of the local agricultural economy.The River Aire runs through Leeds.īackground Information - How did Leeds become important? Leeds is a major city, located in the centre of the county of West Yorkshire, in the north of England, in western Europe.
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