Discover and read the best of Twitter Threads about #LevellingUpFund
Most recents (4)
Looking forward to what should be a very timely discussion on the IFS's latest research geographic inequalities in labour market outcomes & how this may present challenges for the Govt's #LevellingUp agenda #IFSEvents
First @PJTheEconomist and the @NuffieldFound's @markfranks give a brief overview of the IFS #DeatonReview into inequalities, and why the Nuffield Foundation gave the review its financial support #IFSEvents
Franks recognises that #LevellingUp will only be delivered if we focus on multiple factors of #inequalities - age, gender, education, public services, jobs - not just place #IFSEvents
Want the *honest* state of play on #LevellingUp today?
@NEF’s new report shows a staggering 60% of the country needs to be #LevelledUp, and sets out a 5-point policy shift to really do the job, backed by 6 metro mayors.
Report: neweconomics.org/2022/02/closin…
Key findings 🧵👇🏾
1/15
@NEF’s new report shows a staggering 60% of the country needs to be #LevelledUp, and sets out a 5-point policy shift to really do the job, backed by 6 metro mayors.
Report: neweconomics.org/2022/02/closin…
Key findings 🧵👇🏾
1/15
Widening #inequality between regions is damaging millions of lives and holding the UK back.
Since Dec 2019, real incomes have risen by less than £20 per year in the NE, £80 per year in NW and £90 in Yorkshire and the Humber.
2/15
Since Dec 2019, real incomes have risen by less than £20 per year in the NE, £80 per year in NW and £90 in Yorkshire and the Humber.
2/15
By contrast, real incomes in London have increased by more than £600 per year and by more than £550 in the SE.
And despite growing inequality, only £36 per person of the Government’s #LevellingUpFund has gone to these areas.
3/15
And despite growing inequality, only £36 per person of the Government’s #LevellingUpFund has gone to these areas.
3/15
There are a lot of different regeneration projects on the go in #Somerset at the moment (as I pointed out in last week's #LDReporter newsletter). And with updates for a couple of schemes on the horizon this week, here's a handy thread to help you keep track of what's going on :)
Here's a handy map - I'll zoom in on the relevant settlements as we go through each part, and I'll be going by parliamentary constituency from west to east. #LDReporter #Somerset #Watchet #Wellington #Taunton #Bridgwater #Chard #Yeovil #Glastonbury #Wincanton #Frome
Let's start in #Bridgwater and West #Somerset - we've got two settlements which have been targeted so far, one by private investment (#Watchet) and one by the @mhclg #townsfund (Bridgwater). #LDReporter
Local/regional/devolved govts need to lead the effort to build a new economy. Many are already engaged in progressive local economic development and #CommunityWealthBuilding.
Here are our 8 priorities for administrations to deepen the approach as they get to work after #LE2021🗳️
Here are our 8 priorities for administrations to deepen the approach as they get to work after #LE2021🗳️
1⃣ Focus on wellbeing, not GDP
We need an inclusive economy in which greater consideration is given to the social benefits that flow from, and feed into, economic activity, as @nmcinroy and @DavidB_CLES wrote, back in 2018 👉ow.ly/2pVI50EHinF
We need an inclusive economy in which greater consideration is given to the social benefits that flow from, and feed into, economic activity, as @nmcinroy and @DavidB_CLES wrote, back in 2018 👉ow.ly/2pVI50EHinF
2⃣ Support local finance
Rather than attempting to attract national or international capital, community wealth building provides a the mechanisms to increase flows of investment *within* local economies – case studies here 👉 ow.ly/2JcL50EHir4
Rather than attempting to attract national or international capital, community wealth building provides a the mechanisms to increase flows of investment *within* local economies – case studies here 👉 ow.ly/2JcL50EHir4
