The latest Good Growth for Cities report, published by PwC, has revealed Oxford's economic resilience despite the pressures of the COVID-19 pandemic.
The report, which looks into the economic impact of coronavirus on local and regional economies across the UK, highlighted how several cities - including Oxford - have benefited from a 'sectoral mix' with its 'performance on broader economic and social indicators' helping to provide resilience.
In the report's index of cities, Oxford increased its lead in first place. The report stating that 'Oxford performs particularly strongly in jobs, income, health and skills of the adult population, scoring within the top five cities for each of these variables.'
The index tracks the factors that the public consider most important to their economic wellbeing, namely; health, jobs, housing and income ranked as the most important of its 10 economic and social factors, followed by skills, the environment, transport, income distribution, work-life balance and business start-ups.
Meanwhile, the report revealed around 6.3% of eligible businesses in Oxford took-up the government's Coronavirus Job Retention Scheme.
One further piece of analysis showed scores for the 38 Local Enterprise Partnership areas in England, with Oxfordshire coming in second place.