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 […]
The truth about deflation: keep calm and carry on (for now)
As official Government figures show that the UK economy deflated in April, for the first time since the 1960’s, Diane Coyle looks at whether we should be worried. There was much excitement about the news that the UK’s Consumer Price Index (CPI) declined by 0.1% in the 12 months to April. A negative figure for […]
Wanted: A post-deficit economic narrative for Britain
The election is over and David Cameron’s new government is poised to pursue its legislative programme. Here Ken Clark explores the economic challenges facing the new Government, and in particular falling productivity. The economy was undoubtedly a crucial part of the election campaign and the eventual outcome. While the Conservatives emphasised the renewed growth, expanding […]
UK GDP grows more slowly – should we worry?
Professor Diane Coyle explains that the latest, disappointing, GDP figures tell us little about what is actually happening in the economy. That won’t stop them being used by all the parties in the last days of the General Election campaign. It was no surprise that the General Election spin machines should try to put their […]
Never Letting a Good Crisis Go to Waste: George Osborne’s plans to permanently ‘roll back the state’.
Professor Colin Talbot reflects on an Autumn statement that was really a mini-Budget – and some fine detail that hints at the Chancellor’s ultimate intentions. Much of the comment on today’s Autumn Statement by Chancellor George Osborne will focus on the specific measures he announced (there were lots) and on the short-term politics of the […]
There is life beyond austerity; now give us the freedom to make it happen
During Manchester Policy Week, four leading thinktanks debated what government might look like beyond the General Election and towards 2020. In an abridged version of his speech at the event IPPR North’s Director, Ed Cox (pictured above, standing), says there is life beyond the current austerity measures – but only if there are significant changes to present […]
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