Debenhams was reportedly worth £900 million in 2016, but today the retail giant is only worth £20 million. Debenhams generates approximately 80% of its revenue in the UK, thus the firm is highly dependent on a single country. Considering that the British retail industry has been experiencing somewhat of a crisis, with firms including M&S, … Continue reading “The Retail Crisis Catches Up with Debenhams”
Category: Business
Industrial Strategy: Four Rationales
Industrial policy: why bother? There is a very large and diverse literature on industrial policy. The subject is covered by lots of different kinds of academics, with different language and approaches. For instance, the field covers endogenous growth theory [1] ; Schumpeterian models of entrepreneurship / innovation / creative destruction [2]; industrial economics [3]; science … Continue reading “Industrial Strategy: Four Rationales”
Businesses Must Take Advantage of Generous Tax Reliefs to Continue Innovation Trajectory
This blog post has been produced to provide insight into the findings of the Birmingham Economic Review. The Birmingham Economic Review 2018 is produced by City-REDI, University of Birmingham and the Greater Birmingham Chambers of Commerce, with contributions from the West Midlands Growth Company. It is an in-depth exploration of the economy of England’s second … Continue reading “Businesses Must Take Advantage of Generous Tax Reliefs to Continue Innovation Trajectory”
From Washington DC: Geographies of Human Rights, Responsible Inclusive Prosperity and the Annual Conference of the Association of American Geographers
It is that time of year when geographers from across the world descend on to some American city to discuss all things geographical. Last year, the annual conference of the Association of American Geographers (AAG) was in New Orleans. This year the conference is based in Washington DC. The conference location always tends to favour … Continue reading “From Washington DC: Geographies of Human Rights, Responsible Inclusive Prosperity and the Annual Conference of the Association of American Geographers”
The March edition of the West Midlands Economic Monitor is now available
This month’s edition of the West Midlands Economic Monitor is now available for download. We look at the changes in regional productivity, employment, business activity and house prices in the region, as well as projects that have been announced in rail, 5G internet, electric cars and adult education in the West Midlands. You can get … Continue reading “The March edition of the West Midlands Economic Monitor is now available”
Meet Massimiliano Nuccio, Research Fellow at City-REDI
I enthusiastically accepted to join City REDI at the University of Birmingham because I believe it is a unique academic research centre in its scope and approach. Since starting at City-REDI have found a stimulating working environment, passionate people and very skilled colleagues. Although my background is in economics and business, my career has not … Continue reading “Meet Massimiliano Nuccio, Research Fellow at City-REDI”
Trade Policy, Tariffs and Job Creation and Destruction in the West Midlands: Lessons from Coventry and the 1860 Cobden–Chevalier Treaty
On the 13th of March, the UK government published a 1,477-page document outlining the new approach to tariffs in the event of a no-deal Brexit. There is much to think about here. Under the proposed temporary scheme 87% of imports to the UK by value would be eligible for zero-tariff access. It is important to … Continue reading “Trade Policy, Tariffs and Job Creation and Destruction in the West Midlands: Lessons from Coventry and the 1860 Cobden–Chevalier Treaty”
The Knowns, The Unknowns, Deal or No-deal Brexit and the March 2019 Spring Statement
It is that time of year again when over 250,000 people head to Cheltenham. It is also time for another budgetary statement from the Chancellor, Philip Hammond. The political timing of the Spring Statement means that it falls within a period of great political uncertainty. Thus, the real risk is that the Spring Statement 2019 … Continue reading “The Knowns, The Unknowns, Deal or No-deal Brexit and the March 2019 Spring Statement”
City-REDI Brexit Regional Participatory Workshop Videos
Funded by the Economic and Social Research Council, “The Economic Impacts of Brexit on the UK, its Regions, its Cities and its Sectors” project started in April 2017 and is part of a series of 25 projects funded by ESRC to support the initiative UK in a Changing Europe coordinated by Professor Anand Menon at King’s … Continue reading “City-REDI Brexit Regional Participatory Workshop Videos”
A Local Industrial Strategy for the West Midlands
This blog post has been produced to provide insight into the findings of the Birmingham Economic Review. The Birmingham Economic Review 2018 is produced by City-REDI, University of Birmingham and the Greater Birmingham Chambers of Commerce, with contributions from the West Midlands Growth Company. It is an in-depth exploration of the economy of England’s second … Continue reading “A Local Industrial Strategy for the West Midlands”