UK Government: verdict is still out on local economic policy

UK Government: verdict is still out on local economic policy

𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝘁𝗵𝗲 𝗨𝗞, 𝘄𝗶𝘁𝗵 𝗶𝘁𝘀 𝘀𝘂𝗰𝗰𝗲𝘀𝘀𝗳𝘂𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝘆, 𝘀𝘁𝗶𝗹𝗹 𝗳𝗮𝗰𝗲 𝘀𝘂𝗰𝗵 𝘀𝘁𝗮𝗿𝗸 𝗿𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗮𝗻𝗱 𝘀𝗼𝗰𝗶𝗮𝗹 𝗶𝗻𝗲𝗾𝘂𝗮𝗹𝗶𝘁𝗶𝗲𝘀?The numbers tell a tale of imbalance, with some regions trailing behind even the historically weaker areas of former East Germany.New government or not, we...
Achieving impact in local economic development

Achieving impact in local economic development

𝘿𝙤 𝙮𝙤𝙪 𝙩𝙝𝙞𝙣𝙠 𝙩𝙝𝙖𝙩 𝙮𝙤𝙪 𝙘𝙤𝙪𝙡𝙙 𝙞𝙢𝙥𝙧𝙤𝙫𝙚 𝙩𝙝𝙚 𝙧𝙚𝙨𝙪𝙡𝙩𝙨 𝙮𝙤𝙪 𝙜𝙚𝙩 𝙛𝙧𝙤𝙢 𝙮𝙤𝙪𝙧 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙙𝙚𝙫𝙚𝙡𝙤𝙥𝙢𝙚𝙣𝙩 𝙗𝙪𝙙𝙜𝙚𝙩?The high-impact investments and activities are those which create jobs and GVA and have low amounts of displacement, duplication (of other support provided elsewhere) and...
Understanding the megatrends

Understanding the megatrends

𝙇𝙤𝙘𝙖𝙡 𝙖𝙣𝙙 𝙧𝙚𝙜𝙞𝙤𝙣𝙖𝙡 𝙚𝙘𝙤𝙣𝙤𝙢𝙞𝙚𝙨 𝙖𝙧𝙚 𝙞𝙣𝙛𝙡𝙪𝙚𝙣𝙘𝙚𝙙 𝙗𝙮 𝙜𝙡𝙤𝙗𝙖𝙡 𝙙𝙮𝙣𝙖𝙢𝙞𝙘𝙨, 𝙤𝙛𝙩𝙚𝙣 𝙘𝙖𝙡𝙡𝙚𝙙 𝙢𝙚𝙜𝙖𝙩𝙧𝙚𝙣𝙙𝙨. I deal a lot with these when writing local and regional economic strategies and advising city leaders.Here are some of the most critical megatrends local economies are dealing...
Identifying emerging markets in your locality

Identifying emerging markets in your locality

Back in 2021, I collaborated with Cambridge Econometrics, Frost & Sullivan, and The Data City to analyse the North East’s potential in emerging markets like Fintech, Cybersecurity, Hydrogen, Renewable Energy, and IoT.Our research aimed to identify key...
𝗙𝘂𝘁𝘂𝗿𝗲 𝗦𝗸𝗶𝗹𝗹𝘀 𝗗𝗲𝗺𝗮𝗻𝗱: 𝗞𝗲𝘆 𝗧𝗿𝗲𝗻𝗱𝘀 𝗮𝗻𝗱 𝗜𝗺𝗽𝗮𝗰𝘁𝘀

𝗙𝘂𝘁𝘂𝗿𝗲 𝗦𝗸𝗶𝗹𝗹𝘀 𝗗𝗲𝗺𝗮𝗻𝗱: 𝗞𝗲𝘆 𝗧𝗿𝗲𝗻𝗱𝘀 𝗮𝗻𝗱 𝗜𝗺𝗽𝗮𝗰𝘁𝘀

UK-based research identifies several megatrends shaping future skills demand: technological advancements, sectoral shifts, evolving business models, demographic changes, and environmental factors.**𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝗔𝗱𝘃𝗮𝗻𝗰𝗲𝗺𝗲𝗻𝘁𝘀 𝗮𝗻𝗱 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗦𝗸𝗶𝗹𝗹𝘀**Digital skills are...