Our video tells the story of the stepping stones to growth
Chapter one defines economic success through the eyes of the public. We know from our Good Growth research with Demos that the public wants growth to be about more than GDP. Jobs, income and health are a particular priority – all of which are fundamental to rising living standards. The challenge for public and private leaders is to develop and tell the stories of a place, a nation of which residents can be proud and that attracts businesses and the confidence of investors.
Chapter two examines how local leaders can create a common platform for growth in the places where people live and work - in collaboration with employers, educators, not-for-profits and the public.
Chapter three explores the implementation of a recently announced initiative in England to help build this platform – the Single Local Growth Fund. We outline key points for central government on the design of the Fund and discuss how Local Enterprise Partnerships can make the most of the opportunities the Fund presents.
Chapter four sets out a vision for a business-led skills system, which better matches people to job opportunities, ultimately creating more good jobs.
"While public bodies will need to continue to make efficiencies, what business and the squeezed consumer need is the prospect of a better future. The challenge is to develop and tell the stories of a place of which residents can be proud."
"The future public sector body must widen its horizons and focus not only on how it delivers its own services but also how it can help drive external growth."
"With public funding in short supply, competition for funds is here to stay. It is imperative that funds available are put to the best use, maximising the returns to taxpayers and adding value..."
"Skills are important not only for the individual but at the economy-wide level - in terms of raising the productivity of individuals and firms and improving the UK’s relative competitiveness and its growth rate."