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Financial Devolution for Local Growth is an independent survey of public and private sector leaders’ views on new funding tools for urban investment.
This week NESTA released Innovation and the city: How innovation has developed in five city-regions. This was written for NESTA by the Centre for Cities.
Cities Outlook 2008 looks back at the recent economic performance of UK cities as well as the main policy milestones of 2007. It also looks ahead to the prospects for UK cities in 2008 and beyond.
The case for better transport investment: agglomeration and growth in the Leeds City Region shows that the potential returns on transport investment in British cities are going uncounted and unrecognised by transport planners.
There is no doubt that London plays an important role in the UK economy, and has been a key driver of economic growth. But how much of London’s recent economic growth spills out to other parts of the UK?
SBR should be a stepping stone to greater financial devolution. But more radical changes to the local financial tool-kit will depend on SBR’s success, so it’s important to get the policy right. A permissive framework, with clear minimum standards, legal safeguards for businesses, and the option to hold a local vote, is the only way to build on the emerging consensus between business and local authorities. Otherwise, England’s cities and towns could miss a golden opportunity to lay the foundations for future economic growth.
This paper suggests that UK cities face a number of significant challenges in the years ahead. We have two-track cities those that have experienced success and renaissance in recent years, and those that have not. All cities still face the challenge of sharing opportunity and have concentrations of deprivation and worklessness. Those cities that have experienced high levels of economic growth face a number of challenges relating to sustaining growth such as congestion and environmental degradation.
This article is taken from a new book on devolution from the Smith Institute, edited by Geoff Mulgan and Fran Bury of the Young Foundation. In it, Dermot Finch argues for bold steps towards differential financial devolution, with more powers for our biggest city-regions.
This paper gives policymakers and city leaders a brief and accessible guide to the economic theory behind agglomeration economies the wider economic benefits generated when people and businesses locate close to each other. It also explains the critical role this concept is playing in current transport policy debates.
This paper sets out the Lyons Inquiry's headline conclusions and examines the Government's immediate reaction, and what will happen next.