Royal Borough of Greenwich’s Post

The Northern Beaches will benefit from a stronger and greener economy with more jobs and local spending, under Council’s new economic development strategy. Following public consultation, Council has updated and endorsed the Economic Development Strategy – Business on the Beaches. https://lnkd.in/g5ySzM3R #northernbeaches #northernbeachesmums #mumssupportingmums #northernbeacheseconomy #northernbeachesbusiness

"The worst thing you can do in the downturn of an economic cycle is slow down investment." Another full room and another great Toronto Region Board of Trade breakfast event with the Honorable Peter Bethlenfalvy. Special thanks to our Board Chair, Yung Wu, who helped to host our podium today. Our growing population needs more homes, more transit, more roads, more healthcare and more opportunities. That's why the Minister's frank dialogue on this year's provincial budget with our moderator Deb Hutton has been so eye-opening. Each budget shapes our economy and it so matters to business. Our economy shapes our standard of living and so it matters to people. Let's keep this conversation going. #ontario #grit #economicdevelopment #competitiveness

This thought-provoking report from Centre for Economic Performance, Resolution Foundation, and Centre for Cities shines a bright light on the economic underperformance of Birmingham. Its prescriptions for increasing productivity make sense to me - focussing on massive investment in public transport (£5.4b by 2040) and housing, and expanding the size of the city centre. I think the investment needed in public transport is significantly higher than that, as their assessment is based on solely investing in light rail, whereas investment in rail, bus, and active modes is needed as well. Investment in highways is also needed to unlock development sites - and the current transport networks need maintaining from the same pot of money they've used as a measure. The report includes valuable analysis, and it makes a good case for investment - but the biggest problem with it is that it starts from a premise that economic performance of the region and the country is 'the goal'. While a productive economy is of course important, we must not lose focus on people (especially the most vulnerable in our communities) and the environment. Yes, difficult investment choices will need to be made. Yes, some people will benefit from any policy choice more than others. Should economic productivity be the predominant factor in public sector investment decisions? Well you could argue that it already is - and that is part of the problem. #Bimingham #WestMidlands #EconomicDevelopment #EconomicJustice #PeopleFirst A tale of two cities (part 1) - The Inquiry (resolutionfoundation.org)

New project: Rebooting London's economy 📈 London’s economy has many strengths. For decades London was the engine of economic growth for the UK. But new evidence shows that productivity in London has barely improved since 2007.  We’re exploring what’s needed to boost London’s economy and restore the capital’s productivity while driving inclusive and sustainable growth. London’s economy needs a reboot. Find out more about this work and get involved:

New paper! Check out this one from Mariana Mazzucato and Josh Ryan-Collins on mapping modern economic rents, and the first steps to distinguishing ‘good’ rents—key to #innovation and #growth—from ‘bad’ forms which contribute to economic #stagnation. Read it here ➡️ https://bit.ly/3BwbRhA

The Guardian recently posted an article on the UKs regional economic growth falling far short of London's performance. This article drew insights from a recent EY report. In light of EY's report indicating London's continued economic dominance, investing in London real estate or companies with significant investments in the London real estate market presents an attractive opportunity. Despite broader economic uncertainties, London's robust growth prospects, fueled by factors like lower inflation and a strong job market, position the city as a promising investment destination. As the capital and the south-east pull further ahead, investors can capitalize on this trend by strategically allocating resources to tap into the city's thriving real estate sector and associated industries. Contact us at SAINT if you are interested in discussing what opportunities we have available. Email us at info@s-aint.com #alternativeinvestments #propertyinvestment #londonrealestate

Did you see our latest annual monitor of the Cambridge city region’s economy? We published data last week that shows knowledge intensive sectors are driving major employment growth in the Cambridge city region – a 20-mile radius from the centre of Cambridge. The sectors grew headcount by 5.7 per cent over the latest year of data (2021-22 to 2022-23), led by an 11.1 per cent increase in life sciences. And, encouragingly, non-KI sectors such as transport, education, hospitality and retail, have also seen an uptick. This valuable insight is produced by the Centre for Business Research and co-sponsored by the Cambridgeshire & Peterborough Combined Authority, the Greater Cambridge Partnership, Arm, Mills & Reeve, and Marshall to show what is really happening in the Cambridge economy, and across the wider Cambridgeshire and Peterborough area. It will help support representations made to Government for increased investment and add weight to calls for infrastructure to ensure further growth is sustainable and inclusive. Full story with commentary from Arm, Greater Cambridge Partnership and Mills & Reeve can be found here - https://ow.ly/rz3S50R2jRZ