Welcome to REDI-Updates. REDI-Updates is a bi-annual publication which will get behind the data and translate it into understandable terms. WM REDI staff and guest contributors will discuss various topics, with this first publication focusing on how inclusive growth can be a tool to tackle regional imbalances across the UK. In this article, Ben Brittain … Continue reading “REDI Updates Interview: Andy Street the West Midlands Mayor on Inclusive Growth”
Category: Business
Economic Recovery Post COVID-19: The MIT Regional Entrepreneurship Acceleration Programme (REAP)
Dr Chloe Billing discusses the goals and objectives of MIT’s Regional Entrepreneurship Acceleration Programme, the aims of its pilot programme in the UK and what the MIT REAP West Midlands is doing to help the region recover from COVID-19. In March 2020, the Massachusetts Institute of Technology (MIT) launched a pilot in the UK … Continue reading “Economic Recovery Post COVID-19: The MIT Regional Entrepreneurship Acceleration Programme (REAP)”
West Midlands Weekly Economic Impact Monitor – 10th July 2020
WM REDI has been tasked with providing an up to date monitor of the current COVID-19 economic impacts, on a weekly basis. These reports will help regional partners to shape responses and interventions to boost the region’s resilience so that it can thrive going forward. Each week the focus of the report is based on … Continue reading “West Midlands Weekly Economic Impact Monitor – 10th July 2020”
How Can the UK Learn From Different International Skills Systems to Develop Post-Compulsory Education?
In this blog, Dr Abigail Taylor discusses her new report “Skills System International Case Studies” which identifies the key features and challenges of different international skills systems. For the third paper resulting from my recent ESRC-funded secondment to the Industrial Strategy Council, I produced case studies of the post-compulsory education systems in Canada, France, Japan, the Netherlands … Continue reading “How Can the UK Learn From Different International Skills Systems to Develop Post-Compulsory Education?”
To V or Not to V? Are We Heading for a V-Shaped Recovery?
Ben Brittain analyses the available data to discuss whether the Bank of England is right in predicting that the UK economy is heading for a V-shaped recovery. The Bank of England has suggested the UK economy is heading for a V-shaped recovery. It has used a variety of indicators to come to its conclusion. … Continue reading “To V or Not to V? Are We Heading for a V-Shaped Recovery?”
West Midlands Weekly Economic Impact Monitor – 3rd July 2020
WM REDI has been tasked with providing an up to date monitor of the current COVID-19 economic impacts, on a weekly basis. These reports will help regional partners to shape responses and interventions to boost the region’s resilience so that it can thrive going forward. Each week the focus of the report is based on … Continue reading “West Midlands Weekly Economic Impact Monitor – 3rd July 2020”
Perspectives on Skills and the Value of Training: Trends, Challenges and Priorities
In this blog, Professor Anne Green and Dr Abigail Taylor discuss their new report “Workplace Perspectives on Skills” examining employer perceptions relating to skills and the value of training, with the aim of understanding the specific skills and skills investment challenges employers face. Previous research for the Industrial Strategy Council highlighted that by 2030, 7 … Continue reading “Perspectives on Skills and the Value of Training: Trends, Challenges and Priorities”
Brexit and UK Manufacturing
Manufacturing is still important The UK is largely seen as a ‘service-based’ economy, which means that services – such as financial, legal, research & development (R&D), real estate and so on – account for the bulk of economic output and employment. Manufacturing, on the other hand, only formally accounts for around 10% of the economy … Continue reading “Brexit and UK Manufacturing”
How Can We Mitigate the Impact of the COVID-19 Unemployment Crisis Through Lifelong Learning?
A new report by City-REDI and the Industrial Strategy Council presents evidence on some of the skills challenges facing the UK and how they might be addressed. Dr Abigail Taylor considers the key points in the report that are relevant to the West Midlands as it seeks to plan its recovery from the COVID-19 crisis. … Continue reading “How Can We Mitigate the Impact of the COVID-19 Unemployment Crisis Through Lifelong Learning?”
West Midlands Weekly Economic Impact Monitor – 26th June 2020
WM REDI has been tasked with providing an up to date monitor of the current COVID-19 economic impacts, on a weekly basis. These reports will help regional partners to shape responses and interventions to boost the region’s resilience so that it can thrive going forward. Each week the focus of the report is based on … Continue reading “West Midlands Weekly Economic Impact Monitor – 26th June 2020”