by Mylocaleconomy | Jan 30, 2026 | Best practice, industrial policy, Industrial Strategy, Industries, industry
The evidence is clear: successful industrial clusters generate genuine competitive advantages. Firms in Oxfordshire’s Motorsport Valley are 6x more productive than isolated competitors. Research Triangle Park transformed North Carolina from textile dependence...
by Mylocaleconomy | Jan 30, 2026 | Best practice, Competency, Organisation
Local leaders often say they can’t afford to invest in economic development. ๐๐ถ๐ต ๐ฅ๐ฐ๐ช๐ฏ๐จ ๐ฏ๐ฐ๐ต๐ฉ๐ช๐ฏ๐จ ๐ช๐ด๐ฏ’๐ต ๐ฏ๐ฆ๐ถ๐ต๐ณ๐ข๐ญ โ ๐ช๐ต’๐ด ๐ข๐ฏ ๐ข๐ค๐ต๐ช๐ท๐ฆ ๐ค๐ฉ๐ฐ๐ช๐ค๐ฆ ๐ธ๐ช๐ต๐ฉ ๐ค๐ฐ๐ฏ๐ด๐ฆ๐ฒ๐ถ๐ฆ๐ฏ๐ค๐ฆ๐ด. ๐๐ฎ๐ป๐ถ ๐ฅ๐ผ๐ฑ๐ฟ๐ถ๐ธ’๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ผ๐ป ๐ถ๐ป๐ฑ๐๐๐๐ฟ๐ถ๐ฎ๐น ๐ฝ๐ผ๐น๐ถ๐ฐ๐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐น๐ ๐๐ผ๐บ๐ฒ๐๐ต๐ถ๐ป๐ด ๐๐ถ๐๐ฎ๐น: ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐ฑ๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐ ๐ถ๐...
by Mylocaleconomy | Jan 30, 2026 | Evidence and intelligence, Labour market
Since COVID, 850,000 people in the UK withdrew from the active labour market. This massive rise in economic inactivity has happened at the same time that policy has tightened controls on hiring overseas workers, and the UK’s further and adult education system...
by Mylocaleconomy | Dec 13, 2025 | Best practice, Future skills, Labour market
๐ช๐ต๐ ๐ฌ๐ผ๐๐ฟ ๐๐ฎ๐ฏ๐ผ๐๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ด๐ฟ๐ฎ๐บ๐บ๐ฒ๐ ๐๐ฟ๐ฒ ๐๐ฎ๐ถ๐น๐ถ๐ป๐ด (๐๐ป๐ฑ ๐ช๐ต๐ฎ๐ ๐๐ผ ๐๐ผ ๐๐ฏ๐ผ๐๐ ๐๐) Does your local economy have plenty of labour demand and desperate employers who can’t get the workforce and skills they need? As well as unemployed residents who “can’t find...
by Mylocaleconomy | Dec 13, 2025 | Best practice, business case, Competency, Organisation
“๐ช๐ฒ ๐ป๐ฒ๐ฒ๐ฑ ๐๐ผ ๐ฏ๐ผ๐ผ๐๐ ๐๐ต๐ฒ ๐น๐ผ๐ฐ๐ฎ๐น ๐ฒ๐ฐ๐ผ๐ป๐ผ๐บ๐.” “๐ฆ๐๐ฝ๐ฝ๐ผ๐ฟ๐ ๐ด๐ฟ๐ฒ๐ฒ๐ป ๐ด๐ฟ๐ผ๐๐๐ต.” “๐๐บ๐ฝ๐ฟ๐ผ๐๐ฒ ๐ฒ๐ป๐๐ฟ๐ฒ๐ฝ๐ฟ๐ฒ๐ป๐ฒ๐๐ฟ๐๐ต๐ถ๐ฝ.” ๐ฆ๐ผ๐๐ป๐ฑ ๐ณ๐ฎ๐บ๐ถ๐น๐ถ๐ฎ๐ฟ? In 31 years of economic development work, I’ve learned one hard truth: ๐ท๐ข๐จ๐ถ๐ฆ ๐ฑ๐ณ๐ช๐ฐ๐ณ๐ช๐ต๐ช๐ฆ๐ด ๐ข๐ณ๐ฆ ๐ธ๐ฉ๐ฆ๐ณ๐ฆ ๐จ๐ฐ๐ฐ๐ฅ ๐ช๐ฏ๐ต๐ฆ๐ฏ๐ต๐ช๐ฐ๐ฏ๐ด ๐จ๐ฐ ๐ต๐ฐ...
