The UK economy is growing, but there is much unease about the imbalance in growth between the North and South, particularly in favour of the South. Concerns are also growing around the current model of economic growth which is fundamentally within the financial and service industry. Currently, there is insufficient attention and investment into manufacturing, new sectors and new industries. In the main, these concerns for the North are around future sustainability, future proofing and economic resilience.
Therefore, in order to reshape services to fit changing needs and demands long term investment is needed in infrastructure, higher and further education and the knowledge economy. This will require public services to have an entrepreneurial approach and to be much more responsive.
Significant challenges with limited resources:
George Osborne’s devolution revolution has seen the emergence of new Combined Authorities and devolution deals with Liverpool City Region, Manchester City Region, Sheffield City Region, Tees Valley and the North East Combined Authorities and now the West Midlands.
Combined Authorities and many Think Tanks are attracted to the idea of developing both the concepts of the Northern Powerhouse and the new West Midlands Engine; fundamentally supporting the idea of growth partnerships across cities and regions based on economies of scale and agglomeration. New mayoral models of City Region governance have also been advocated as a way forward for the United Kingdom, building on the achievements of Greater London over the last decade. Yet there is no substantive evidence beyond London's success that proves that a one size fits all model can be successful elsewhere.
- Skills, education and training
- Business support and entrepreneurship
- Research and development, innovation and commercialisation
- Social and policy issues, including poverty and equality; housing and health and environmental sustainability
In response to the developing and changing socio-economic geographies, Universities such as Leeds Beckett are debating and developing their contribution to these agendas and their approach to strengthen evidence-based research, policy support and development, and evaluation. Principally, Universities are advocating their role as key strategic Anchor Institutions. Universities also play a key role in international growth and in rebalancing strategies, and in the construction of new innovative partnerships across geographical and policy boundaries.
We invite you to consider the potential ways we can support and actively engage with the individuals, communities, businesses and local authorities that will be affected by the oncoming and changing tide of political, geographical and social change. We stand ready to help and play our part.
The booklet 'Until we have built Jerusalem' provides a cross sectional view on a number of areas that will be impacted by devolution and progression to a Northern Powerhouse. It is intended to provide our readers with a taster of the academic and applied knowledge and expertise available.