https://fabians.org.uk/about-us/meet-our-experts/
1. Fiscal devolution, naturally - a visitor levy is a no-brainer (see below)
2. Local accountability - checks and balances, especially for those commissioners
3. Pan-regional 'missing link' - how to enable things like the Great North to add value?
1. Fiscal devolution, naturally - a visitor levy is a no-brainer (see below)
2. Local accountability - checks and balances, especially for those commissioners
3. Pan-regional 'missing link' - how to enable things like the Great North to add value?
#SpendingReview
#SpendingReview
An absolute no brainer.
In the UK 5% of tax is raised locally/regionally - compared to 13% in France and 31% in Germany
Those countries have DOUBLE the rate of local economic investment
That's no coincidence
An absolute no brainer.
In the UK 5% of tax is raised locally/regionally - compared to 13% in France and 31% in Germany
Those countries have DOUBLE the rate of local economic investment
That's no coincidence
It is now far higher than any comparable country
The government must raise living standards this parliament
But they must also devolve to mayors and councils, so they can grow their economies and cut local costs
It is now far higher than any comparable country
The government must raise living standards this parliament
But they must also devolve to mayors and councils, so they can grow their economies and cut local costs
If real disposable income had continued to grow as in 1997-2007, we would be 32% better off now
Disposable household income per person would be higher by £7,700 per year or £149 per week
If real disposable income had continued to grow as in 1997-2007, we would be 32% better off now
Disposable household income per person would be higher by £7,700 per year or £149 per week
UK productivity growth since 2010 has been strikingly low compared to other G7 countries - from 2nd pre-crash, to 6th between 2010 and 2023
UK productivity growth since 2010 has been strikingly low compared to other G7 countries - from 2nd pre-crash, to 6th between 2010 and 2023
Today, our report shows how this government can do better
And we argue next week’s spending review must pass the “living standards test”
Now...some charts!
Today, our report shows how this government can do better
And we argue next week’s spending review must pass the “living standards test”
Now...some charts!
There's real potential for economic growth in places already thriving, like Greater Manchester
But also in places Whitehall often writes off, see here:
There's real potential for economic growth in places already thriving, like Greater Manchester
But also in places Whitehall often writes off, see here:
It's a major driver of our regional inequality (see charts)
MCAs were created to solve this economic problem
BUT…
It's a major driver of our regional inequality (see charts)
MCAs were created to solve this economic problem
BUT…
It aligns really closely with what we recommended last year.
fabians.org.uk/publication/...
It aligns really closely with what we recommended last year.
fabians.org.uk/publication/...
1. Invest more effectively in productivity enablers, like transport, skills and innovation
2. Improve employment rights and enforcement
3. Build strong and stable governance and institutions
1. Invest more effectively in productivity enablers, like transport, skills and innovation
2. Improve employment rights and enforcement
3. Build strong and stable governance and institutions
Especially this section, which highlights the potential for 'invest-to-save' innovation in employment support:
www.reuters.com/world/uk/bri...
Especially this section, which highlights the potential for 'invest-to-save' innovation in employment support:
www.reuters.com/world/uk/bri...
(Also includes a handy explainer of the madness!)
(Also includes a handy explainer of the madness!)
The forthcoming Employment Rights Bill is crucial in that.
Here's how we compare (more in the report):
The forthcoming Employment Rights Bill is crucial in that.
Here's how we compare (more in the report):
I’m in favour, but need to be practical. A reminder of the context:
I’m in favour, but need to be practical. A reminder of the context: