West Midlands Weekly Economic Impact Monitor – 16th April 2021

The latest GDP figures indicate the scale of recovery required as service businesses, including shops, restaurants and hairdressers, begin to re-open their doors this week. However, unlike the recessions of the past, many jobs have been retained (due to furlough and other government schemes), and as lockdowns are in place, many individuals have saved up … Continue reading “West Midlands Weekly Economic Impact Monitor – 16th April 2021”

West Midlands Weekly Economic Impact Monitor – 26th March 2021

This week, the Office for National Statistics (ONS) reported that productivity grew at the fastest rate on record in the middle of 2020 when compared with the quarter before, but this fell away again in the last three months of the year. This was mainly because the least productive industries were those hardest hit by … Continue reading “West Midlands Weekly Economic Impact Monitor – 26th March 2021”

Event: Harnessing the Potential of Createch in the West Midlands – 22nd April 2021, 13:00 – 14:20

Creative industries can be a catalyst of innovation across all sectors, enabling transformative new products and services which can drive regional economic growth, wellbeing and quality of life. In particular, the integration of technology and creative industries (‘Createch’) can satisfy consumer demands and solve societal challenges. Perhaps harnessing virtual production, VR or AR and theatre … Continue reading “Event: Harnessing the Potential of Createch in the West Midlands – 22nd April 2021, 13:00 – 14:20”

Regional Resilience: The Co-dependence of Business and Regions in Recovery

This article was written by Professor Simon Collinson for the National Centre for Universities and Business’ seventh annual assessment of the health of collaborative partnerships – The State of the Relationship Report 2020.  The article reflects on regional specialisms, the unequal impact of the disruptions of 2020 and the value of analysis of regional economies. … Continue reading “Regional Resilience: The Co-dependence of Business and Regions in Recovery”

New Research From the Midlands Engine Economic Observatory Examines the Drivers, Opportunities and Barriers Facing the Midlands

We are happy to announce that the Midlands Engine is today publishing key outputs from the Midlands Engine Economic Observatory (MEEO). The MEEO is a partnership led by City-REDI, which includes Nottingham Trent University, the Black Country Consortium, SQW, and Cambridge Econometrics. It aims to provide essential research capacity and grow contemporary insights into the … Continue reading “New Research From the Midlands Engine Economic Observatory Examines the Drivers, Opportunities and Barriers Facing the Midlands”

Prosperity, Inclusivity and Sustainability Across UK Regions – WM REDI Policy Briefing

This policy briefing reports on a study to assess economic growth, inclusivity and sustainability across UK regions in terms of both current performance (in 2018) and change in performance (between 2013 and 2018). It is part of a larger, on-going (ESRC-funded) project on ‘Local Institutions, Productivity, Sustainability and Inclusivity Trade-offs’ (LIPSIT). We developed a regional … Continue reading “Prosperity, Inclusivity and Sustainability Across UK Regions – WM REDI Policy Briefing”

Economic Exposure to COVID-19 (Part II): The Situation in the West Midlands Region – Demand for Health Services: The Invisible Indirect Workers

This is the second blog in a series on the economic exposure of the West Midlands region [1] to COVID-19. The first article talked about the effect on the main sectors and the employment depending on foreign trade, in an eventual case of international borders closure. You can read the first blog here. The second … Continue reading “Economic Exposure to COVID-19 (Part II): The Situation in the West Midlands Region – Demand for Health Services: The Invisible Indirect Workers”

UK Regional Productivity Variations and What Might be Driving These

Over the past decade, the gap between the UK’s productivity performance and other OECD countries has been widening. This is due to unusually slow growth rates in UK productivity since 2010 in spite of rising employment, leading to what has been termed the UK’s ‘productivity puzzle’. Within the UK, there are also vast variations in … Continue reading “UK Regional Productivity Variations and What Might be Driving These”

City-REDI Weekly Update – 27th February 2020

Welcome to your weekly update. If you have any feedback please let us know. Blogs What Do We Know About the Current Economic Conditions and What Does the Latest Data Indicate for the West Midlands’ Economy? In this blog, Rebecca Riley accesses the economic performance of the West Midlands, looking at past, current and future … Continue reading “City-REDI Weekly Update – 27th February 2020”

Universities and Regional Economies: A Peek Into the Wild Side

In this blog Diana Gutiérrez-Posada, Tasos Kitsos and André Carrascal-Incera discuss their project on the impact of universities on regional economies, linking to further work in City-REDI. There is a great divide among academics and the public as to the awareness of the potential impact of universities in their local areas. Naturally, academics have examined … Continue reading “Universities and Regional Economies: A Peek Into the Wild Side”