The Night Time Economy

Analysing and understanding the economy after dark

TBR and night-time economy specialists MAKE have undertaken the first research ever to look at the value and reach of the UK's evening and night-time economy (NTE). This aspect of the economy is often overlooked, yet is a crucial driver of tourism, leisure and business growth, employing 1.3m people and is worth £66bn to UK plc.

TBR and MAKE have brought together their findings in a research product called the Night-Mix Index (NMI) and you can get the latest Night-Mix News, including the top 50 NTEs in the UK, by clicking here.

The NMI provides policy makers, regeneration specialists and economic development teams with a detailed understanding of their local NTE including:

• The mix and size of businesses in the NTE
• How many businesses are associated with alcohol and/or food consumption
• Business births and deaths
• How the recession has affected the NTE
• Financial turnover of businesses in the NTE
• People employed by the NTE
• The relative strength of your own and your competitors' NTEs

TCR  

The NMI makes use of TCR (Trends Central Resource), which is able to provide extensive detail and appreciation of issues which government datasets are not always able to provide. TCR provides a robust evidence base for comparative local economic analysis.