Reflections on policy before the Powerhouse Five years on from the publication of the Northern Economic Futures Commission report on revitalising the UK economy, Ed Cox, Director, IPPR North looks at what progress has been made in the intervening period. The turning point in terms of government interest in the North came when former chancellor […]
The Industrial Strategy White Paper: A Rebalancing Act?
Following the unveiling of the Government’s Industrial Strategy White Paper, Tom Arnold, a postgraduate researcher of economic development in Northern England, examines what it could mean for spatial rebalancing. An improved awareness of where and why economic activity happens, and an approach which encourages longer-term investment, is welcome Since the financial crisis, there have been […]
Industrial Strategy white paper – Welcome progress, but problems remain
On Monday 27th November, the UK government published its long-await Industrial Strategy white paper. Here, Policy@Manchester Co-Director and member of the independent Industrial Strategy Commission, Professor Diane Coyle, reflects on what the document gets right and where challenges remain if the UK economy is to secure a prosperous and productive future for all. The Government’s […]
Seven foundations for a stronger economy
The independent Industrial Strategy Commission has issued its emerging findings. Commissioner Prof Diane Coyle outlines how the UK can address some of its longstanding economic weaknesses and deliver meaningful prosperity for everyone. Previous government intervention, which has been more accidental than purposeful, has not delivered a strong or fair economy Political consensus is key in […]
Disruptive Thinking for Disruptive Times
‘Disruption’ has become a signature term in business, culture, and increasingly in our politics. Here, Professor Vikas Shah offers his reflections on what disruption means in its economic, cultural and technical aspects, and the challenges and opportunities that each of these offer the policy-makers who are open to engaging with the speed and scale of […]
The productivity puzzle
Last week, policy@manchester hosted a roundtable on productivity with representatives from HM Treasury, Greater Manchester Combined Authority and academics from The University of Manchester, Sheffield and Leeds. Here, Professor Diane Coyle reflects on the discussion and lays out her views on what needs to be done to boost the UK’s economic productivity. If the pre-financial […]
Do the new GDP figures prove that ‘all’s well that ends well’ for the Brexiteers?
This week, the first official GDP figures since the vote to leave the European Union were released by the Office for National Statistics. Although there was a slow down in the economic growth from 0.7% to 0.5%, the figures were stronger than some pessimistic economists had predicted. Professor Diane Coyle uses a Brexit lens to […]
Time for action on economic marginalisation in Greater Manchester
The Brexit vote underscores the need to address the economic marginalisation of the many people and communities across the UK who have been left behind by economic change. Ruth Lupton says it is time for inclusive growth to be on everyone’s agenda. Since we joined the Common Market in 1975 (but not because of it), […]
Is the world economy about to topple again?
Is the world on the verge of a new financial crisis? Ilias Alami looks at the data and finds a precarious situation. While a variety of economic and financial indicators increasingly paint a bleak picture, the upcoming policy choices in developed countries will have far-reaching consequences for global financial stability. In the so-called developed countries, […]
Could DevoManc create an economy for the common good?
Mark Burton tries to imagine how city-region devolution might help to produce a fairer and more sustainable society. The Greater Manchester devolution deal is firmly rooted in a highly orthodox economic and social model. Other deals, with regions hand-picked by the Treasury, are at various stages of gestation. There is every reason to think they […]
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