Graphic representation of UK economy growth.

£242bn windfall if levelling up is successful

The Centre for Progressive Policy has today (Oct 05) released a report detailing the extra £242bn that could be generated if the Government’s “levelling up” agenda is fully realised.

The report deals with the various inequalities that are seen across the country, as a result of ageing workforces, lack of investment and also the lack of futureproof jobs in certain regions.

Within the report, it is detailed how inequality within regions is often disguised in statistics by particularly high productivity areas within the region. For example, rural Yorkshire suffers with an ageing workforce with low productivity jobs, whereas cities like Leeds have a young workforce with high productivity jobs.

The report offers several recommendations to Government, with 4 main categories: the opportunity of education, the opportunity of skills, the opportunity of good health, the opportunity of local institutions and leadership.

Director at the Centre for Progressive Policy, Charlotte Alldritt, said:

“The opportunity of the levelling up agenda is huge. As the pandemic continues to play out, it is also increasingly urgent. What began as a thinly veiled political project has the potential to redraw the map of opportunity, productivity and prosperity in the UK for generations.

But the UK’s long-standing regional economic and social inequalities are often characterised as a problem of ‘London vs The Rest’. CPP’s research shows that the reality is much more complex, with devastating differences within regions as well as between them.

The government must take these inequalities into account and channel investment now into skills, education and health where it is needed most. The government has made repeated promises on levelling up, but it’s time to see tangible action. The Centre for Progressive Policy will assess the governments’ progress on a quarterly basis.

Without real, rapid results, rather than building back better, we risk falling back further”.

PSE June/July Cover

PSE June/July 21

Looking to the future

Our June/July 2021 edition of PSE delves into a number of key issues facing our public sector, including how we rebuild services, the move to a more digital way of working and the growing climate emergency, diving into real-world examples of success from those who are achieving them across our sector.

Videos...

View all videos
#PSE365: Public Sector Decarbonisation

Be A Part Of It!

Save The Date: 9th September 2021
PSE365: Public Sector Decarboniation Event

PSE has created a full calendar of events to address the most important issues that influence the delivery of public sector services. 

Over 365 days you’ll have the opportunity to hear from a range of highly motivating, informative and inspirational speakers. These speakers will equip you with knowledge and unique insight to enable you to overcome the challenges that you face.

Magazine Feature

Keep communities at the heart of planning

Chris Borg, NALC policy manager

Chris Borg discusses the Planning for the Future white paper and explains the importance of residents and local councils having a say when it comes to planning

More articles...

View all