Video: Levelling-up through economic growth (a business strategy for the regions)

A review of the social and economic case for the election pledge made by the UK Government to level-up the regions and a proposal for reforms necessary to achieve this commitment
 
FORMBY, U.K. - May 6, 2021 - PRLog -- In this video David Fellows considers the burden of regional disadvantage on the UK arising from its London-centred economy and the impact of Covid.

He reflects on the timeliness of the Prime Minister's commitment to level-up the regions, offering more vibrant regional economies and greater employment opportunities. He suggests that the UK economy must be rebalanced through a programme of regional business development.

He considers that the basis of this improvement should be the development of innovative, independent businesses supported by a range of initiatives leading to improved business productivity. He is particularly concerned to generate a more collaborative set of relationships between and within the public and private sector institutions all focussed on improving the productive capacity of the firm.

His contention is that Government has considerable ability to achieve its commitment by making regional development a key objective of the way the UK's domestic assets and influence are deployed. He concludes by emphasising the urgent need for a comprehensive plan to be prepared by Government and for Government to take a leading role in its successful implementation.

The video can be found at:: http://blog-pfmconnect.com/wp-content/uploads/UKregionalism/Levelling-up-through-economic-growth-a-business-strategy-for-the-regions.mp4.

About the Author: David Fellows is an accountant and early innovator in digital public service delivery. He has worked extensively in UK local government, as an advisor on local government reform in the UK Cabinet Office,  and as an international advisor to the South African National Treasury. He has written extensively on public financial management and digital communication for the IMF and the Australian National University amongst others. He is a director of PFMConnect.

About PFMConnect: PFMConnect is a consultancy operating in the fields of public financial management and digital communication.

Contact: david.fellows@pfmconnect.com

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