WiredGov Newswire (news from other organisations)
Industrial clusters in every region the only way to level up - CBI chief
Business can serve as a driving force behind the UK’s levelling-up aspirations by harnessing local strengths to propel regional economies through recovery towards enduring prosperity.
That is the view of CBI Director-General Tony Danker, who will today outline his vision for tackling long-term regional inequalities at the organisation’s Urban Revival conference.
In a new vision for the UK economy, to be published in May, the CBI will call for regions to be liberated from the restrictive cookie-cutter approach of the past, and empowered to capitalise on their unique strengths to build back better.
The CBI wants to see towns, cities, regions and nations supported to develop their strength industries in a way which enables each to become globally competitive in their own right. Increasing productivity in all corners of the country will in turn help end inequalities in education, health, wealth and opportunity – and raise living standards for all.
Urban Revival delegates will hear how a joined-up approach uniting business and all levels of government is the key to turning these ambitions into tangible reality – and the CBI believes now is the time to foster and evolve such a partnership.
In his address, Tony Danker, CBI Director-General, will say:
“A core pillar of the CBI’s vision for the decade ahead is for every UK nation and region to be globally competitive. But neither business nor government can achieve this alone – levelling up will require partnering up.
“Governments – national or local – can build the infrastructure for urban success. More trains. More broadband. New railway stations. They control the local budgets for buses, parks, healthcare and colleges – the essential foundations upon which communities are forged.
“Yet levelling up is a vital business issue too - for businesses and by businesses. It can be a tide that raises all boats – and all businesses too. So we’re here to do the bit we as business can do; creating thriving firms, bustling high streets, local jobs, better wages.
“Reinforcing successful business clusters will be central to kickstarting this regional revival. This means building on distinctive local strengths to forge a clear USP for investment in towns, cities, regions and nations in all corners of the United Kingdom. Cookie-cutter solutions are no solution at all if levelling up is to be a success.
“From automotive in the West Midlands, to aerospace in the South West, and from the Holyhead Hydrogen Hub in Wales to the Golden Triangle of research and innovation in the South East – the UK is rich in clusters of excellence. These strengths can equip communities to forge and grow unique identities on a global stage.
“True levelling up will not be achieved by regions working towards identikit – and at times competing – economic strategies. Rather, it will come from areas knowing their strengths, recognising the opportunities this can create, and capitalising on them to forge their own path to long-term prosperity.”
Further CBI goals for UK-wide levelling up include:
- Utilising anchor institutions – from universities to keystone businesses – at the heart of regional economies to help attract investment and spur related sector growth.
- Building a rich sector mix, including high-value export offerings to bring money to the region, and future industries like renewable energy with strong growth opportunity.
- Business leadership within communities, with firms reinvesting profits into people, delivering training and skills, improving facilities and working towards net-zero.
Tony Danker added:
“There is no greater force for positive, lasting change than business. Our job now is to turn warm words into a national movement, an urban revival revolution.
“Any levelling-up agenda without jobs, without industrial clusters, without business sector regeneration, is not levelling-up at all. Rebalancing the UK economy can’t be done by government alone.
“Business stands ready and able to play a full part. From the technology we create, to the buildings we live and work in, and the transport we use to get there, enterprise can be a driving force in the UK’s urban revival and the key to achieving its levelling-up goals.”
Latest News from
WiredGov Newswire (news from other organisations)
CBI NI responds to latest review of covid restrictions14/05/2021 16:38:00
CBI NI yesterday responded to latest review of covid restrictions.
Work from Home Day: new laws needed to make flexible working patterns available for all workers after pandemic14/05/2021 14:05:00
Today (Friday) is the 16th annual Work from Home Day, organised by Work Wise UK as part of Work Wise Week – a week of activity to promote employment practices that improve work-life balance.
CBI Wales responds to latest relaxation of COVID-19 restrictions14/05/2021 12:15:00
CBI Wales yesterday responded to latest relaxation of COVID-19 restrictions.
Business and government must stand united to tackle great challenges of the age – G7 business groups14/05/2021 09:05:00
Leading business federations issue communique backed UK by Prime Minister ahead of G7 leaders’ meeting next month in Cornwall.
TUC: Yorkshire still facing job losses and shrinking economy despite national GDP growth13/05/2021 16:05:00
Commenting on yesterday’s (Wednesday) GDP figures, showing a reduction of 1.5% for the first quarter of 2021 overall but a rise of 2.1% in March, the TUC urged caution based on regional data showing sustained negative growth and job losses across the region.
LGA responds to DEFRA’s Action Plan for Animal Welfare13/05/2021 14:40:00
Cllr Nesil Caliskan, Chair of the LGA’s Safer and Stronger Communities Board, commented on Rural Affairs’ Action Plan for Animal Welfare
NHS Confederation - Lessons from COVID inquiry must translate into action13/05/2021 13:40:00
Danny Mortimer, chief executive of the NHS Confederation, commented on the announcement of a public inquiry into COVID-19
LGA responds to ending of ban on eviction enforcement13/05/2021 12:40:00
Cllr David Renard, Local Government Association housing spokesperson, responded to the announcement of the ending of the current ban on bailiff-enforced evictions on 31 May
CBI responds to release of Q1 GDP figures13/05/2021 12:15:00
CBI yesterday responded to release of Q1 GDP figures.
Audit Scotland - Accounts Commission for Scotland and Improvement Service collaboration focused on improving local government services13/05/2021 11:40:00
The Accounts Commission and the Improvement Service have confirmed a formal collaboration focused on accelerating the improvement and pace of change in local government services.