This month, the World Bank has recommended global cooperation to safeguard trade, support green and digital transitions, deliver debt relief, and improve food security. Economy and Business Despite an improvement in near-term prospects, the global outlook remains subdued by historical standards. In 2024-25, growth is set to underperform its 2010s average in nearly 60 percent … Continue reading “West Midlands Economic Impact Monitor – 27 June 2024”
Author: Anne Green
West Midlands Economic Impact Monitor – 30 May 2024
This month brings news of a General Election on 4 July, following on from the May local elections where Labour won 9 out of 10 mayoral elections, including in the West Midlands. This is happening against the backdrop of global growth rates above 3% and inflation falling rapidly globally. In the UK, the Consumer Prices … Continue reading “West Midlands Economic Impact Monitor – 30 May 2024”
City-REDI/WMREDI Round Up – March and April 2024
Events – presenting work / speaking engagements 22 March, Alice Pugh and Hannes Read presented at a National Civic Impact Accelerator event – An Introduction to Developing Business Cases for Civic Engagement Projects. 9 April – Matt Lyons joined a workshop at the European Commission’s Joint Research Centre on “Multi-regional input-output in research and development”. … Continue reading “City-REDI/WMREDI Round Up – March and April 2024”
Addressing the Divide: The Impact of University-Related Migration on the UK’s Subregions and Policy Roadmap
Kostas Kollydas and Anne Green summarise the findings from a recent study with Tony Champion on the impact of university-related migration on the UK’s subregions. This blog was first published by the Higher Education Policy Institute. In their recent study, “The gainers and losers from the United Kingdom’s university-related migration: A subregional analysis of Graduate … Continue reading “Addressing the Divide: The Impact of University-Related Migration on the UK’s Subregions and Policy Roadmap”
City-REDI/WMREDI Round Up – February 2024
Events – presenting work/speaking engagements On 1 February, Rebecca Riley chaired the Green Book Network Steering Group. On 13 February, Rebecca Riley attended the National Civic Impact Accelerator Programme Board Meeting. On 26 February, Abigail Taylor presented at the launch event for a new report for CIPFA – Investing in Regional Equality – four English … Continue reading “City-REDI/WMREDI Round Up – February 2024”
West Midlands Economic Impact Monitor – 23 February 2024
The UK economy entered a recession at the end of last year. Meanwhile at the global scale growth has been revised upwards to just over 3% in 2024 and 2025, but below the historical norm that is closer to 4%. Regionally, business confidence is increasing. Global trends The IMF has released its World Economic Outlook … Continue reading “West Midlands Economic Impact Monitor – 23 February 2024”
City-REDI/WMREDI Round Up – November 2023 – January 2024
Events – presenting work / speaking engagements 15 November 2023, Dr Matt Lyons hosted a special session “Development & application of multi-regional input-output tables” at the North American meetings of the Regional Science Association. 7 December, George Bramley presented at the West Midlands Health Technology Innovation Accelerator Innovators and Partners Assembly to introduce City-REDI’s role … Continue reading “City-REDI/WMREDI Round Up – November 2023 – January 2024”
West Midlands Economic Impact Monitor – 26 January 2024
A slow Christmas for retailers hints at the continuing issues with sluggish growth seen globally, with forecasts struggling to revise upwards. A continuing bumpy ride for China is having global ramifications. Food prices are rising, as are those goods most affected by Brexit. Future prospects for the West Midlands seem mixed. Growth outlook The World … Continue reading “West Midlands Economic Impact Monitor – 26 January 2024”
West Midlands Economic Impact Monitor – 15 December 2023
As 2023 draws to a close, the challenges of inflation (although falling) and low growth remain. The cost of living, the NHS and the economy are key concerns for the general public. However, businesses in the West Midlands are still optimistic as indicated by the Future Business Activity Index. Global, national and regional outlook The … Continue reading “West Midlands Economic Impact Monitor – 15 December 2023”
REDI-Updates: How Does the Cost-Of-Living Crisis Impact People’s Health and Well-Being?
The latest edition of REDI-Updates is out now – providing expert data insights and clear policy guidance. In this edition, the WMREDI team investigates what factors are contributing to the cost-of-living crisis and the impact it is having on households, businesses, public services and the third sector. We also look at how the crisis in … Continue reading “REDI-Updates: How Does the Cost-Of-Living Crisis Impact People’s Health and Well-Being?”