What tools do local areas need to boost regional growth?

Published: Dec. 6, 2022, 6:54 p.m.

b'The UK is one of the most centralised advanced economies, and there is widespread agreement that further devolution is necessary if the economic performance of regions outside of London and the south east is to be improved. The Levelling Up the United Kingdom white paper contained ambitious devolution proposals, including the commitment that by 2030 \\u201cevery part of England that wants one will have a devolution deal with powers at or approaching the highest level of devolution and a simplified long-term funding settlement\\u201d. It also contains a devolution framework which clarifies the powers available to local areas depending on the governance model adopted.\\n\\nHowever, devolution invariably brings trade-offs; it takes a certain capacity to deliver interventions correctly, these might increase costs by adding another layer of administration, and undermine efforts to produce a nationally consistent approach. This event will discuss what powers should be devolved for local areas to play their part in boosting regional growth to deliver on the government\\u2019s levelling up agenda.\\n\\nThe event considered the following key questions:\\n\\nWhat should be the priority policy areas and powers to devolve? In which areas will the benefits be greater?\\nWhat is the right level of geography to devolve powers to within England? Are combined authorities the right level? Should the powers devolved vary across the country or be \\u2018one size fits all\\u2019?\\nHow can the government ensure it is empowering rather than hindering subnational governments in its approach to boosting regional growth?\\nFollowing opening remarks delivered by Robert Breedon, partner at Gowling WLG, our panel will included:\\n\\nCllr. Brigid Jones, Deputy Leader of Birmingham City Council\\nProf. Neil Lee, Professor of Economic Geography at the London School of Economics\\nJohn Wrathmell, Director of Strategy, Research & Economy at Greater Manchester Combined Authority\\nThe event was chaired by Thomas Pope, Deputy Chief Economist at the Institute for Government.\\n\\n#IfGlevellingup \\n\\nWe would like to thank Gowling WLG for kindly supporting this event.'