Shedding Light on Productivity in the West Midlands

Rebecca Riley discusses a new report examining productivity in the West Midlands. The report is written by Melisa Wickham and is in collaboration with the West Midlands Combined Authority. This report focuses on labour productivity – which measures how much output is produced per unit of labour input. There are varying measures of labour input, … Continue reading “Shedding Light on Productivity in the West Midlands”

Why are the Over-50s Leaving the Workforce? – Labour Market Flows and Future Participation Flows

Rebecca Riley takes a look at some of the factors behind the over-50s leaving work and what this means for the UK labour market. See also our recent blog – What are the Current Challenges in the UK Labour Market and how can They be Addressed? I was asked recently if I knew why people … Continue reading “Why are the Over-50s Leaving the Workforce? – Labour Market Flows and Future Participation Flows”

Does the Computer say yes to Levelling Up? Will ChatGPT Replace the Policy Wonk?

Rebecca Riley goes head to head with a chatbot to see if it can answer any of the big questions about regional inequality in the UK. ChatGPT is the latest and potentially impressive artificially intelligent chatbot yet. It was released at the beginning of December, and in just five days hit a million users. I narrowly … Continue reading “Does the Computer say yes to Levelling Up? Will ChatGPT Replace the Policy Wonk?”

West Midlands Economic Impact Monitor – 9 December 2022

In this edition we look at the price of the UK’s 12 favourite Christmas dinner trimmings, the price of a traditional Christmas dinner (for a family of 4 or 5) has increased 17.6% from £32.93 in November 2021 to £38.72 in November 2022. However, despite the general gloom of cost-of-living an Ipsos report found that … Continue reading “West Midlands Economic Impact Monitor – 9 December 2022”

Birmingham: Future Prospects – Short Term Pain, Long Term Potential

With the release of more economic data on the period impacted by the pandemic, Rebecca Riley looks at the forecasts being built from this data, and what they say about Birmingham. This blog post was produced for inclusion in the Birmingham Economic Review for 2022.  The annual Birmingham Economic Review is produced by the University … Continue reading “Birmingham: Future Prospects – Short Term Pain, Long Term Potential”

West Midlands Economic Impact Monitor – 11 November 2022

This fortnight, with a new PM in place, leading business representative organisations, including the CBI, FSB and the Chambers of Commerce have called for certainty and stability from the new Prime Minister to restore business confidence in the UK. They are calling for Rishi Sunak to restore fiscal credibility, stabilise the economy and deliver much … Continue reading “West Midlands Economic Impact Monitor – 11 November 2022”

REDI Updates 3: Lessons from City-REDI / WMREDI Research on Levelling Up

Welcome to REDI-Updates. REDI-Updates aims to get behind the data and translate it into understandable terms. In this edition, WMREDI staff look at the government’s flagship policy – Levelling Up. We look at the challenge of implementing, understanding and measuring levelling up. Rebecca Riley summarises some of the key points to come out of our … Continue reading “REDI Updates 3: Lessons from City-REDI / WMREDI Research on Levelling Up”

Haldane’s Dog – The Complexity of Government and the Lack of Spatial Awareness

Rebecca Riley discusses how Andy Haldane’s use of a dog analogy highlights one of the key issues with levelling up. Andy Haldane spoke at the RSA on levelling up, and said “Whitehall has a resemblance to my dog, both have a lack of spatial awareness”. Departments don’t have a clear understanding of their footprint locally. … Continue reading “Haldane’s Dog – The Complexity of Government and the Lack of Spatial Awareness”

West Midlands Economic Impact Monitor- 8th July 2022

This week has been a tumultuous week in politics and is still unfolding as this monitor is written. This will not help the instability in the economy, which continues to show signs of contraction. The latest MakeUK Survey shows exports on a precipice and investment nosediving, and the OBR are predicting the effects of the … Continue reading “West Midlands Economic Impact Monitor- 8th July 2022”

West Midlands Economic Impact Monitor – 10 December 2021

This week we see the rise of the new variant of Covid-19 which could be set to slow economic recovery down. Omicron developed in southern Africa and has now spread worldwide. New restrictions are emerging in many countries. This is leading to mass protests and in some cases violence, as citizens see this as an … Continue reading “West Midlands Economic Impact Monitor – 10 December 2021”