Thinking New Economy Briefings will be thought-provoking pieces which reflect policy and research developments that affect Greater Manchester.

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THINKING NEW ECONOMY BRIEFINGS ARCHIVE
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BRIEFING 07:
EMERGENCY BUDGET (514kb)

Amidst a climate of serious concern about the macroeconomic risks associated with a loss of investor confidence in the UK, the Emergency Budget sets out a five year plan adding £40bn fiscal contraction to the £73bn already budgeted. What does this mean for Greater Manchester? This latest briefing from the Commission for the New Economy provides an overview of the Emergency Budget’s measures from a local perspective, including how they will impact Greater Manchester’s economy and what are the challenges and opportunities arising from this new fiscal environment.
RELEASE DATE: 16/04/2010

BRIEFING 06:
PUBLIC SECTOR EMPLOYMENT (1465kb)

Briefing explores the role of public sector employment in Greater Manchester’s economy and implications of fiscal contraction in the comings years. It finds Greater Manchester is better placed than any city region outside of London, to cope with this contraction due to its high percentage of jobs in the private sector – indicative of a strong business base. But also notes that job growth over the last 10 years has had a significant public sector component, suggesting that public sector fiscal contraction could still be an issue for the city region. This raises several important policy implications for Greater Manchester which are explored in more detail in the briefing.
RELEASE DATE: 16/04/2010

BRIEFING 05:
BUDGET 2010 ANALYSIS (492kb)

The 2010 Budget represents an attempt to strike a balance between the need for deficit reduction and not compromising recovery from a recession that witnessed the UK economy contract by 6% . This analysis provides more detail as to how the Budget is expected to help business-led growth, and the relative impacts of the Budget on Greater Manchester.
RELEASE DATE: 25/03/2010

BRIEFING 04:
DEPARTMENT FOR BUSINESS, INNOVATION AND SKILLS’ ECONOMIC AND SOCIAL RESEARCH STRATEGY (520kb)

This briefing aims to raise awareness of where the BIS research agenda is currently at and heading, noting relevance for GM partners. The top research priority for BIS remains increasing the understanding of the dynamics of the five drivers of productivity – enterprise, investment, innovation, competition and skills – and the role of state intervention in addressing market failures in these policy areas. These are policy areas that were explored in detail through the Manchester Independent Economic Review and are at the core of the Greater Manchester Strategy.
RELEASE DATE: 15/02/2010

BRIEFING 03:
PRE-BUDGET REPORT ANALYSIS (51kb)

The Pre-Budget Report Analysis highlights the areas of significance within the December 2009 Pre-Budget Report, focusing especially on those areas that relate to economic development, skills, employment and growth within Greater Manchester.
RELEASE DATE: 15/12/2009

BRIEFING 02:
SKILLS FOR GROWTH: THE NATIONAL SKILLS STRATEGY (54kb)

Focusing on the main elements of the National Skills Strategy, this briefing highlights how the Skills For Growth Strategy affects skills development across the UK, and how this affects Greater Manchester.
RELEASE DATE: 18/11/2009

BRIEFING 01:
STRENGTHENING ECONOMIC LINKAGES BETWEEN LEEDS AND MANCHESTER: FEASIBILITY AND IMPLICATIONS (33kb)

Investigates recent research into the Leeds-Manchester Corridor, and the potential for growth of both cities by the development of this corridor.
RELEASE DATE: 14/11/2009