This week has seen the first Labour Party Conference since the General Election in July 2024. Looking ahead to the Chancellor’s first budget in October, Rachel Reeves announced there would be no increase in income tax, national insurance or VAT, refusing to return to austerity. There was an announcement of the return of industrial strategy. … Continue reading “West Midlands Economic Impact Monitor – 26 September 2024”
Tag: Regional economics
West Midlands Economic Impact Monitor – 27 June 2024
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”
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”
West Midlands Economic Impact Monitor – 12 October 2023
In a week marked by escalating unrest in the Middle East, global leaders face critical decisions, raising concerns about the world economy. Amid rising international tensions, the global economy has shown unexpected resilience in early 2023, but growth prospects remain low. Although headline inflation is decreasing, core inflation persists due to the services sector and … Continue reading “West Midlands Economic Impact Monitor – 12 October 2023”
1000 Not Out! The City-REDI Blog Hits 1000 Articles
Since setting up the blog in 2016, City-REDI has regularly posted about our research, current events, seminars, podcasts and videos. We’ve covered all manner of topics on the way to reaching 1000 blogs, from the economic impacts of Christmas to a play about the finances of Birmingham City Council. Over that time we’ve racked up … Continue reading “1000 Not Out! The City-REDI Blog Hits 1000 Articles”
West Midlands Economic Impact Monitor – 7 July 2023
Business conditions continue to remain challenging, but estimates show some signs of improvement: (1) a smaller proportion of businesses report supply chain disruption, (2) more businesses report that they are able to get materials, goods, and services from within the UK, and (3) fewer businesses report price inflation of goods and services or energy prices … Continue reading “West Midlands Economic Impact Monitor – 7 July 2023”
West Midlands Economic Impact Monitor – 17 March 2023
The West Midlands Combined Authority has a boost of £1.5bn for the “Trailblazer” devolution programme as part of the Budget announcements. The Deeper Devolution Deal plans include greater responsibility for affordable housing provision, public transport with the extension of the Metro between Dudley and Brierley Hill, and the retention of business rates. Budget 2023 Amongst … Continue reading “West Midlands Economic Impact Monitor – 17 March 2023”
West Midlands Economic Impact Monitor – 20 January 2023
This week, we report on the public opinions and social trends survey and the most reported issues continue to be the cost of living (92%), the NHS (85%), the economy (75%), and climate change and the environment (58%). This aligns with the WEF global risks report, and the issues businesses are facing. The Commonwealth Games … Continue reading “West Midlands Economic Impact Monitor – 20 January 2023”
Maximising Universities’ Role in the Local Economy: Evaluating the Impact of Student Knowledge Exchange
Johannes Read and Birindar Kaur Bahia evaluate the impact of the Student Knowledge Exchange Re-Imagined – Removing Barriers, Engaging Communities project, led by Keele University and the University of Birmingham. Universities’ Role in Exchanging Knowledge in the Economy Universities make a significant impact on the local and regional economy. Not only do university staff teach … Continue reading “Maximising Universities’ Role in the Local Economy: Evaluating the Impact of Student Knowledge Exchange”
Linking Research to Localities – The City-Region Economic Development Institute
Simon Collinson, Rebecca Riley, and Anne Green reflect on the experience of developing City-REDI and the factors that have enabled it to produce research tailored to the needs of regional stakeholders. An invitation to write a chapter for a book titled ‘How to Engage PolicyRe Makers with Your Research: The Art of Informing and Impacting Policy’ provided a … Continue reading “Linking Research to Localities – The City-Region Economic Development Institute”