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𝙀𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙚𝙫𝙚𝙣𝙩𝙨 𝙘𝙖𝙣 𝙖𝙛𝙛𝙚𝙘𝙩 𝙧𝙖𝙩𝙚𝙨 𝙤𝙛 𝙚𝙣𝙩𝙧𝙚𝙥𝙧𝙚𝙣𝙚𝙪𝙧𝙨𝙝𝙞𝙥 𝙖𝙣𝙙 𝙨𝙝𝙖𝙥𝙚 𝙩𝙝𝙚 𝙙𝙚𝙢𝙖𝙣𝙙 𝙛𝙤𝙧 𝙡𝙤𝙘𝙖𝙡 𝙚𝙣𝙩𝙚𝙧𝙥𝙧𝙞𝙨𝙚 𝙨𝙪𝙥𝙥𝙤𝙧𝙩The economic cycle can affect entrepreneurship rates. The 2022 GEM survey for the UK found that the market uncertainty caused by macroeconomic policy mistakes of the...

𝙏𝙝𝙚 𝙜𝙡𝙤𝙗𝙖𝙡 𝙚𝙘𝙤𝙣𝙤𝙢𝙮 𝙞𝙨 𝙜𝙤𝙞𝙣𝙜 𝙩𝙝𝙧𝙤𝙪𝙜𝙝 𝙖 𝙘𝙧𝙞𝙨𝙞𝙨.I've closely monitored three major recessions in my career now. The main things to remember are:- Don't rely on official statistics to define and inform the economic picure so much as they lag behind current event by quite...

𝗥𝗲𝗮𝘀𝗼𝗻𝘀 𝘁𝗼 𝗺𝗼𝗻𝗶𝘁𝗼𝗿 𝗮𝗻𝗱 𝗲𝘃𝗮𝗹𝘂𝗮𝘁𝗲- Reputation- Organisational performance- Value for money- Programme/project performance- Contract management- Risk appraisal- Financial due diligence, approval and management- Audit and external scrutiny𝙒𝙝𝙖𝙩 𝙞𝙨 𝙢𝙤𝙣𝙞𝙩𝙤𝙧𝙞𝙣𝙜 𝙖𝙣𝙙 𝙚𝙫𝙖𝙡𝙪𝙖𝙩𝙞𝙤𝙣...

There's a scenario I get involved in every so often - "Glenn, can you evaluate this project for us?"... sometimes the scenario plays out as:-💰There's been some financial commitment (say, £10m) - to "do something about business growth"🌫️There was a lack of clear...

𝗟𝗼𝗰𝗮𝗹 𝗦𝗸𝗶𝗹𝗹𝘀 𝗜𝗺𝗽𝗿𝗼𝘃𝗲𝗺𝗲𝗻𝘁 𝗣𝗹𝗮𝗻𝘀 (𝗟𝗦𝗜𝗣𝘀), launched in January 2021, empowered businesses in England, especially SMEs, to have a strong voice in local skills planning as they were led by local Chambers of Commerce. The LSIPs aimed to ensure skills provision is responsive...

It was an often used phrase when I was growing up in the North East of England, and in this short article I apply it to local economic development!Unfortunately it seems the new Labour Government's economic growth programme shows little prospect of significantly...