In this Policy Briefing, Dr Amir Qamar and Professor Simon Collinson explore the financial position of the 50 largest (in terms of revenue) automotive firms in the West Midlands and examine how resilient they are to the economic shock caused by COVID-19. Research by Oxford Economics identifies Birmingham to be hit exceptionally hard by the … Continue reading “Policy Briefing: The West Midlands’ Automotive Industry in the Aftermath of COVID-19: Survival of the Fittest?”
Tag: West Midlands
West Midlands Weekly Economic Impact Monitor – 22nd May 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 – 22nd May 2020”
The Impact of COVID-19 on Firm Innovation: The Case of the West Midlands
In this blog, Dr Chloe Billing explores the impact of COVID-19 on innovation activities in the West Midlands. A full range of business support measures has been made available to UK businesses to help with the current COVID-19 crisis. These were discussed in a recent blog by Professor Raquel Ortega Argiles and include the Coronavirus … Continue reading “The Impact of COVID-19 on Firm Innovation: The Case of the West Midlands”
West Midlands Weekly Economic Impact Monitor – 15th May 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 – 15th May 2020”
COVID-19 Diversification Measures: What Local and Regional Governments Can Do?
COVID-19 and Brexit are putting our value chains in danger. How can an economic diversification strategy help in this process? And what can local and regional governments do about it? COVID-19 and Brexit are affecting the UK industrial fabric in different ways, but in particular, the sudden deglobalisation effects they create can lead to trade … Continue reading “COVID-19 Diversification Measures: What Local and Regional Governments Can Do?”
West Midlands Weekly Economic Impact Monitor – 1st May 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 – 1st May 2020”
Estimates of the Local Impact in the West Midlands of the OBR Scenario of a 35% Reduction in Real GDP in Q2 2020
The Office of Budget Responsibility’s (OBR) COVID-19 analysis published on 14th April 2020 makes clear that on the basis of evidence from past pandemics the economic impact of the crisis will arise less from illness and death than from the reduction in demand for goods and services stemming from public health restrictions and social distancing … Continue reading “Estimates of the Local Impact in the West Midlands of the OBR Scenario of a 35% Reduction in Real GDP in Q2 2020”
Identifying Exposure: What Do the IFS Estimates on the Coronavirus Sector Shutdown Mean for the West Midlands?
On April 6th 2020 the Institute for Fiscal Studies published a briefing note about which workers are most exposed to the COVID-19 lockdown. In this blog, Tasos Kitsos looks at the relevant figures for a range of sub-national areas focussing on West Midlands Combined Authority and constituent LEPs and Local Authorities. The sectors directly affected … Continue reading “Identifying Exposure: What Do the IFS Estimates on the Coronavirus Sector Shutdown Mean for the West Midlands?”
Local Resilience and the Coronavirus (COVID-19) Economic Crisis
First things first, stay in as much as possible. Never before such a simple action could have such a big impact. From protecting your loved ones to helping the economy, staying in is currently one of our best weapons. The more we stay in, the quicker we will be out of this challenge. Beyond the … Continue reading “Local Resilience and the Coronavirus (COVID-19) Economic Crisis”
Contagion: The Economic and Social Impacts of Coronavirus (Covid-19) on the West Midlands
In the case of almost all kinds of economic, social, political or health-related systemic shocks, the vulnerable are the most severely impacted. We know a great deal now about the susceptibility of particular groups in our population to the Covid-19 virus, the elderly and those with pre-existing conditions relating to heart and lung functions. But … Continue reading “Contagion: The Economic and Social Impacts of Coronavirus (Covid-19) on the West Midlands”