If all British cities were as productive as those in the Greater South East, the UK economy would be more than £200bn bigger each year. How can the Government's Industrial Strategy help places raise their games?
For the industrial strategy to succeed in increasing UK productivity, the new chair of the Industrial Strategy Council must follow three core principles.
Paul Swinney addresses some of the responses to our analysis of the productivity ‘long tail’
The 'long tail' of low productivity firms will not be answer to the productivity puzzle, instead the focus should be on the firms that export goods and services locally and beyond.
A greater focus on manufacturing will not bring greater prosperity to people living in struggling cities
Distinctiveness should be the by-product of a successful strategy — not the overarching goal
Cities need to address the skills gaps which prevent many people making the most of existing connections
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It’s frequently assumed that universities are good for city economic growth, but the reality is less clear-cut.
Encouraging innovation should be central to the Government’s Industrial Strategy. But who should foot the bill for interventions in innovation? This is a question highlighted in our recent work on the Sheffield Advanced Manufacturing Park.
Many areas will no doubt look to the West Midlands’ newly published local industrial strategy as a template, but they must identify what the barriers to high productivity businesses are in their own areas if they are to be useful
This event launched our work looking at how to encourage innovation policy and where, with Lord David Sainsbury
Three ways in which the UK’s industrial structure has changed since 1841 and the implications for cities
Focusing on the ‘everyday economy’ will not deliver the productivity boost that the Industrial Strategy hopes to achieve
Burnley’s economic performance highlights the dangers of over-reliance on traditional manufacturing
While arguments rage about how the Stronger Towns Fund came about and the size of it, the more fundamental question is what should it be spent on?
Honda’s news shows the need for places to prepare for the eventual loss of their largest employers. But many cities do the exact opposite
We are working with the Fast Growth Cities Group to host a high level event to discuss how to harness their growth for the good of the whole national economy.