William Eichler 30 May 2019

Devolution necessary for ‘rebalancing’ economy, report says

Devolution necessary for ‘rebalancing’ economy, report says image

Power and resources must be devolved to a ‘comprehensive framework’ of mayoral and combined authorities and rural counties in order to rebalance the economy, report says.

The UK2070 Commission’s report – Fairer and Stronger: Rebalancing the UK Economy – highlights how uneven economic growth is in the UK as well as the impact this has on productivity.

London, the UK’s richest region, has a 50% higher level of productivity than any other nation or region in the UK. This gap is expected to grow with over 50% of future job growth going to London and the wider south east.

Uneven economic development has multiple consequences for society, the report argues.

One in four poor children, for example, live in the most deprived local authority areas where healthy life expectancy is 19 years less than the most affluent areas.

The cost to the NHS of societal inequalities is also estimated to be in the order of £4.8bn per year at 2011/ 2012 levels.

Fairer and Stronger reveals the economic cost of an uneven economy. The commission found that the productivity gap in the English regions is estimated to cost the economy around £40bn.

In order to help rebalance the UK economy, the UK2070 Commission proposes more effective devolution to local and regional bodies and the creation of a UK Renewal Fund to invest in infrastructure.

SIGN UP
For your free daily news bulletin
Highways jobs

Social Worker - SGO & Connected Person Assessment Team

Essex County Council
Negotiable
Special Guardianship Order (SGO) & Connected Person Assessment Team The SGO and Connected Person's Assessment Team (North & Mid) first started in Apri England, Essex, Chelmsford
Recuriter: Essex County Council

Economy & Business Service Manager 

Harborough District Council
£49,350 to £52,368
Looking for an experienced manager who understands public sector responsibilities with the proven ability to deliver our ambitions. Market Harborough, Leicestershire
Recuriter: Harborough District Council

Head of Income and Financial Inclusion

The Royal Borough of Kensington & Chelsea Council
£48,800 - £66,000 per annum
You’ll have excellent interpersonal and communication skills, with a substantial track record of successful performance management. Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Advanced Practitioner

The Royal Borough of Kensington & Chelsea Council
£33.600 - £45,400 per annum
Looking for an Advanced practitioner Social workers to join the Adult social services in the... Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Adult Principle Social Worker

The Royal Borough of Kensington & Chelsea Council
£36,600 - £49,600 per annum
The successful candidate will be a passionate and skilled communicator with ability to work alongside operational Social Workers and... Kensington and Chelsea, London (Greater)
Recuriter: The Royal Borough of Kensington & Chelsea Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how public sector organisations can unlock the hidden value in their land, and why a new approach to construction could help boost the outcomes of the Government’s One Public Estate programme.

The December issue also considers why learnings from ancient cities could provide the key to promoting wellbeing in the modern built environment. It also contains a case study on how the London Borough of Westminster has provided high quality care for the elderly alongside a block of luxury apartments.

Register for your free digital issue