R&D Investment in Our City-Region: Local Potential for Future Inclusive Growth

Professor Simon Collinson discusses a recent study by City-REDI and the West Midland Combined Authority mapping the inflows of various kinds of public R&D investment into the region.  R&D and the West Midlands The West Midlands attracts a significant amount of private sector R&D investment, about £398 per capita according to one study (Jones and … Continue reading “R&D Investment in Our City-Region: Local Potential for Future Inclusive Growth”

West Midlands Weekly Economic Impact Monitor – 9th July 2021

This week the UK has seen a resurgence in infection rates, and the daily new cases confirmed in the UK are now the highest out of the selected European countries. This comes as vaccination rates per day in the UK fall and social distancing rules are relaxed, including the re-opening of pubs; which are seeing … Continue reading “West Midlands Weekly Economic Impact Monitor – 9th July 2021”

West Midlands Weekly Economic Impact Monitor – 25th June 2021

This week’s Monitor shows how, generally, the world economy is picking up with pent up demand starting to be released as countries unlock. However, in the UK this week there are stark warnings about the food and drink industry facing labour shortages, especially in fresh food and haulage. This is mainly due to the impact … Continue reading “West Midlands Weekly Economic Impact Monitor – 25th June 2021”

West Midlands Weekly Economic Impact Monitor – 11th June 2021

This week’s monitor looks at the delayed GVA statistics for 2019, where the region’s growth was lower than expected. Many indicators and surveys are pointing to an emerging recovery, but it is highly dependent on the opening up of the cities and high streets. Published research is turning to the opening up of cities and … Continue reading “West Midlands Weekly Economic Impact Monitor – 11th June 2021”

Harnessing the Potential of Createch in the West Midlands

In this blog, Tasos Kitsos summarises the WMREDI/PEC event held virtually at the end of April. A recording of the event is available here. Special thanks are owed to the WMREDI staff Stuart Mitchell and Matthew Patterson for providing support for the event as well as of course to our guest speakers. In recent years, … Continue reading “Harnessing the Potential of Createch in the West Midlands”

West Midlands Weekly Economic Impact Monitor – 28th May 2021

This week ONS released the latest GVA (for 2018-2019): the UK average was 3.5% GVA growth. WMCA GVA grew by 1.99% to £106.7bn in 2019, which is lower than expected for that year by many forecasters (Oxford Economics had forecast £110.8bn and are currently revising their forecasts). The Black Country grew by 1.29% to £22.3bn … Continue reading “West Midlands Weekly Economic Impact Monitor – 28th May 2021”

West Midlands Weekly Economic Impact Monitor – 14th May 2021

This week we welcome Andy Street back as Mayor. Following the easing of restrictions, signs of recovery and opening up may signal a new positive phase in the pandemic. We are also pleased to let readers know that the WMCA approach through the Monitor and the State of the Region has received recognition from the … Continue reading “West Midlands Weekly Economic Impact Monitor – 14th May 2021”

Priorities for up-Skilling and Re-Skilling: What Role Can and Should Universities Play?

In this blog, Dr Abigail Taylor, Professor Anne Green and Dr Sara Hassan share findings from their recent research project examining the role that universities and colleges in the West Midlands can and should play in up-skilling and re-skilling. Today WMREDI are publishing findings from a research project examining the role of universities in skills … Continue reading “Priorities for up-Skilling and Re-Skilling: What Role Can and Should Universities Play?”

West Midlands Weekly Economic Impact Monitor – 30th April 2021

Following the easing of lockdown key indicators are showing the start of a return to normal. Footfall statistics indicate that people are more comfortable with leaving home, but the majority of people still feel the pandemic is having a worrying effect on their lives. The latest skills data shows a significant improvement; however, this should … Continue reading “West Midlands Weekly Economic Impact Monitor – 30th April 2021”

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”