by admin | Apr 25, 2025 | Uncategorized
From the FT today: ๐๐๐ ๐๐ ๐๐๐ค๐ฃ๐ค๐ข๐ฎ ๐๐จ ๐๐ฃ ๐ ๐ซ๐ช๐ก๐ฃ๐๐ง๐๐๐ก๐ ๐ฅ๐ค๐จ๐๐ฉ๐๐ค๐ฃ ๐๐ ๐ฉ๐๐๐ง๐ ๐๐จ ๐ ๐๐ก๐ค๐๐๐ก ๐๐๐ค๐ฃ๐ค๐ข๐๐ ๐๐ค๐ฌ๐ฃ๐ฉ๐ช๐ง๐ฃ. Post-financial crisis and pandemic struggles have only been worsened by unpredictable U.S. policies.๐จ๐ ๐ฃ๐ฟ๐ผ๐ฑ๐๐ฐ๐๐ถ๐๐ถ๐๐ ๐ด๐ฟ๐ผ๐๐๐ต ๐ต๐ฎ๐ ๐ฐ๐ผ๐น๐น๐ฎ๐ฝ๐๐ฒ๐ฑ. Between 2007 and 2024, UK...
by admin | Apr 25, 2025 | Uncategorized
๐๐๐ค๐ฃ๐ค๐ข๐๐ ๐๐ซ๐๐ฃ๐ฉ๐จ ๐๐๐ฃ ๐๐๐๐๐๐ฉ ๐ง๐๐ฉ๐๐จ ๐ค๐ ๐๐ฃ๐ฉ๐ง๐๐ฅ๐ง๐๐ฃ๐๐ช๐ง๐จ๐๐๐ฅ ๐๐ฃ๐ ๐จ๐๐๐ฅ๐ ๐ฉ๐๐ ๐๐๐ข๐๐ฃ๐ ๐๐ค๐ง ๐ก๐ค๐๐๐ก ๐๐ฃ๐ฉ๐๐ง๐ฅ๐ง๐๐จ๐ ๐จ๐ช๐ฅ๐ฅ๐ค๐ง๐ฉThe economic cycle can affect entrepreneurship rates. The 2022 GEM survey for the UK found that the market uncertainty caused by macroeconomic policy mistakes of the...
by admin | Apr 25, 2025 | Uncategorized
๐๐๐ ๐๐ก๐ค๐๐๐ก ๐๐๐ค๐ฃ๐ค๐ข๐ฎ ๐๐จ ๐๐ค๐๐ฃ๐ ๐ฉ๐๐ง๐ค๐ช๐๐ ๐ ๐๐ง๐๐จ๐๐จ.I’ve closely monitored three major recessions in my career now. The main things to remember are:- Don’t rely on official statistics to define and inform the economic picure so much as they lag behind current...
by admin | Apr 25, 2025 | Uncategorized
๐ฅ๐ฒ๐ฎ๐๐ผ๐ป๐ ๐๐ผ ๐บ๐ผ๐ป๐ถ๐๐ผ๐ฟ ๐ฎ๐ป๐ฑ ๐ฒ๐๐ฎ๐น๐๐ฎ๐๐ฒ- Reputation- Organisational performance- Value for money- Programme/project performance- Contract management- Risk appraisal- Financial due diligence, approval and management- Audit and external scrutiny๐๐๐๐ฉ ๐๐จ ๐ข๐ค๐ฃ๐๐ฉ๐ค๐ง๐๐ฃ๐ ๐๐ฃ๐ ๐๐ซ๐๐ก๐ช๐๐ฉ๐๐ค๐ฃ...
by admin | Apr 25, 2025 | Uncategorized
There’s a scenario I get involved in every so often – “Glenn, can you evaluate this project for us?”… sometimes the scenario plays out as:-๐ฐThere’s been some financial commitment (say, ยฃ10m) – to “do something about...
by admin | Apr 25, 2025 | Uncategorized
๐๐ผ๐ฐ๐ฎ๐น ๐ฆ๐ธ๐ถ๐น๐น๐ ๐๐บ๐ฝ๐ฟ๐ผ๐๐ฒ๐บ๐ฒ๐ป๐ ๐ฃ๐น๐ฎ๐ป๐ (๐๐ฆ๐๐ฃ๐), launched in January 2021, empowered businesses in England, especially SMEs, to have a strong voice in local skills planning as they were led by local Chambers of Commerce. The LSIPs aimed to ensure skills provision is responsive...
by admin | Apr 25, 2025 | Uncategorized
It was an often used phrase when I was growing up in the North East of England, and in this short article I apply it to local economic development!Unfortunately it seems the new Labour Government’s economic growth programme shows little prospect of significantly...
by admin | Apr 25, 2025 | Uncategorized
๐๐ค๐ง๐ง๐๐๐ ๐๐๐ค๐ช๐ฉ ๐๐ช๐ฉ๐ช๐ง๐ ๐จ๐ ๐๐ก๐ก๐จ ๐ฃ๐๐๐๐จ? ๐ผ๐๐ฉ๐๐ค๐ฃ๐จ ๐ฎ๐ค๐ช ๐๐๐ฃ ๐ฉ๐๐ ๐. ๐ผ๐๐ซ๐๐๐ ๐ ๐๐๐ฃ ๐๐๐ซ๐.One thing I encounter quite often is that stakeholders and people who work in economic development, employment and skills fields get concerned that they don’t understand the nuances of...
by admin | Apr 25, 2025 | Uncategorized
๐๐ซ๐๐ง ๐ฉ๐๐ ๐ฅ๐๐จ๐ฉ ๐ฉ๐ฌ๐ค ๐ฎ๐๐๐ง๐จ, ๐จ๐ฉ๐๐ ๐๐๐ค๐ก๐๐๐ง ๐๐ค๐ฃ๐จ๐ช๐ก๐ฉ๐๐ฉ๐๐ค๐ฃ๐จ ๐๐๐ซ๐ ๐๐๐๐๐ก๐๐๐๐ฉ๐๐ ๐๐ค๐ฃ๐๐ช๐จ๐๐ค๐ฃ ๐๐๐ค๐ช๐ฉ ๐ฉ๐๐ ๐๐๐๐๐ฃ๐๐ฉ๐๐ค๐ฃ ๐ค๐, ๐๐ฃ๐ ๐๐ช๐ฉ๐ช๐ง๐ ๐๐๐ข๐๐ฃ๐ ๐๐ค๐ง “๐๐ง๐๐๐ฃ ๐จ๐ ๐๐ก๐ก๐จ”.Despite excellent research, often accessible, informing public policy, not enough people know about it. The...
by admin | Apr 25, 2025 | Uncategorized
STEM skills lie at the heart of skills needs for the green economy and transition to net zero, particularly for entry-level jobs, and for roles that employers can shape and train themselves.Some industries are relatively well established, and skills needs are known,...