COLLABORATION and patience are the keys to ensuring a sustained economic recovery for Bradford, according to the city’s business leader.

Paul Mackie, president of Bradford Chamber of Commerce, says recovery is happening but some local firms are still struggling with cash flow difficulties, late payment of invoices and problems accessing finance.

He told the chamber’s annual dinner: “The recovery will take time and will require patience – something most business people don’t have – but we will need to be patient.In Bradford we have been continuing a new process to be stronger and more resilient, forging a new economy for people of all ages, whilst making the most of advances in technology and communication which will provide a platform for different business models and opportunities.”

Mr Mackie, who recently underwent surgery for prostate cancer, said he was confident about his own recovery and that of the city..

He said: “We have a huge amount to celebrate as Bradford re-defines its place in the new economic landscape. We continue to celebrate City Park and Westfield – what greater show of confidence does this city need than that shown by international external investors who are willing to invest hundreds of millions of pounds into our city?

“We have created the new digital health hub, the knowledge transfer centre, the advanced technology centre at Bradford College and a creative and media hub pushing forward technical advances.

“A true partnership with the council and other partners has been developed to create a new economy.”

He said there are many reasons to be positive about the future of the £8.3 billion Bradford economy, but collaboration between businesses, the council and other bodies is essential.

“When the city’s business people give up valuable time for the greater good then the entire city sees the benefits, not just a chosen few. The challenge is to co-ordinate our brand and culture to places far and wide because we’re stronger when we talk to and listen to each-other and we unite together.

“The reach of every Bradford business has never been wider. Bradford is one of UK’s 22 super-connected cities. We need to ensure we use that advantage to prosper in the years to come. Bradford is a producer city and a great city of enterprise and entrepreneurs; an ambitious city with ambitious people redefining its identity,” he said.