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. 𝘉𝘶𝘵 𝘥𝘰𝘪𝘯𝘨 𝘯𝘰𝘵𝘩𝘪𝘯𝘨 𝘪𝘴𝘯’𝘵 𝘯𝘦𝘶𝘵𝘳𝘢𝘭 – 𝘪𝘵’𝘴 𝘢𝘯 𝘢𝘤𝘵𝘪𝘷𝘦 𝘤𝘩𝘰𝘪𝘤𝘦 𝘸𝘪𝘵𝘩 𝘤𝘰𝘯𝘴𝘦𝘲𝘶𝘦𝘯𝘤𝘦𝘴. 𝗗𝗮𝗻𝗶 𝗥𝗼𝗱𝗿𝗶𝗸’𝘀 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗼𝗻 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗽𝗼𝗹𝗶𝗰𝘆 𝗿𝗲𝘃𝗲𝗮𝗹𝘀 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝘃𝗶𝘁𝗮𝗹: 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 𝗶𝘀...
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
𝗪𝗵𝘆 𝗬𝗼𝘂𝗿 𝗟𝗮𝗯𝗼𝘂𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗲𝘀 𝗔𝗿𝗲 𝗙𝗮𝗶𝗹𝗶𝗻𝗴 (𝗔𝗻𝗱 𝗪𝗵𝗮𝘁 𝘁𝗼 𝗗𝗼 𝗔𝗯𝗼𝘂𝘁 𝗜𝘁) 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
“𝗪𝗲 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗯𝗼𝗼𝘀𝘁 𝘁𝗵𝗲 𝗹𝗼𝗰𝗮𝗹 𝗲𝗰𝗼𝗻𝗼𝗺𝘆.” “𝗦𝘂𝗽𝗽𝗼𝗿𝘁 𝗴𝗿𝗲𝗲𝗻 𝗴𝗿𝗼𝘄𝘁𝗵.” “𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀𝗵𝗶𝗽.” 𝗦𝗼𝘂𝗻𝗱 𝗳𝗮𝗺𝗶𝗹𝗶𝗮𝗿? In 31 years of economic development work, I’ve learned one hard truth: 𝘷𝘢𝘨𝘶𝘦 𝘱𝘳𝘪𝘰𝘳𝘪𝘵𝘪𝘦𝘴 𝘢𝘳𝘦 𝘸𝘩𝘦𝘳𝘦 𝘨𝘰𝘰𝘥 𝘪𝘯𝘵𝘦𝘯𝘵𝘪𝘰𝘯𝘴 𝘨𝘰 𝘵𝘰...
