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Latest News and Advice
๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐ฒ๐ฟ’๐ ๐ฃ๐น๐ฎ๐๐ฏ๐ผ๐ผ๐ธ: ๐ข๐๐ฃ๐๐ค๐ซ๐๐ง๐๐ฃ๐ ๐๐ฌ๐๐ฎ ๐๐ง๐ค๐ข ๐ฌ๐๐๐ฉ๐ ๐๐ก๐๐ฅ๐๐๐ฃ๐ฉ ๐๐๐ฅ๐๐ฉ๐๐ก ๐ฅ๐ง๐ค๐๐๐๐ฉ๐จ
At Economic Development World, we like to think "what if" and how we'd respond professionally to a challenge. Here's our thoughts on this one - what would you do? ๐ ๐ฐ๐ถโ๐ท๐ฆ ๐ณ๐ถ๐ฏ ๐ต๐ฉ๐ฆ ๐ฏ๐ถ๐ฎ๐ฃ๐ฆ๐ณ๐ด. ๐๐ฉ๐ข๐ต ยฃ๐ค๐ข๐ข ๐ฎ๐ช๐ญ๐ญ๐ช๐ฐ๐ฏ ๐ด๐ช๐จ๐ฏ๐ข๐ต๐ถ๐ณ๐ฆ ๐ค๐ฐ๐ฏ๐ด๐ต๐ณ๐ถ๐ค๐ต๐ช๐ฐ๐ฏ ๐ฑ๐ณ๐ฐ๐ซ๐ฆ๐ค๐ตโ๐ต๐ฉ๐ฆ ๐ฐ๐ฏ๐ฆ ๐ธ๐ช๐ต๐ฉ ๐ต๐ฉ๐ฆ ๐ฎ๐ข๐บ๐ฐ๐ณโ๐ด ๐ฏ๐ข๐ฎ๐ฆ...
Beyond the Brochure: Elevating your Investment Attraction Game
I'm writing and recording the video lessons for the new Economic Development Community of Practice I'm launching later this year over at economicdevelopment.world One of the issues that causes me endless frustration is that many localities in the UK fail to get beyond...
Get your offer out in a language that business understands
๐๐ผ๐ฒ๐ "๐ถ๐ป๐ป๐ผ๐๐ฎ๐๐ถ๐ผ๐ป" ๐ฟ๐ฒ๐ฎ๐น๐น๐ ๐บ๐ฒ๐ฎ๐ป ๐บ๐๐ฐ๐ต ๐๐ผ ๐๐ต๐ฒ ๐บ๐ฎ๐ท๐ผ๐ฟ๐ถ๐๐ ๐ผ๐ณ ๐ฏ๐๐๐ถ๐ป๐ฒ๐๐๐ฒ๐? ๐ถ๐ ๐น๐ฎ๐ป๐ด๐๐ฎ๐ด๐ฒ ๐ต๐ผ๐น๐ฑ๐ถ๐ป๐ด ๐ฏ๐ฎ๐ฐ๐ธ ๐ฝ๐ฟ๐ผ๐ด๐ฟ๐ฒ๐๐ ๐ถ๐ป ๐๐ผ๐๐ฟ ๐ฎ๐ฟ๐ฒ๐ฎ? ๐ The word "innovation" can sometimes feel vague or lead to a narrow focus on R&D without a clear path to commercial success. What if we reframed the...
International Lessons From City Deals
๐ฅ๐ฒ๐ณ๐น๐ฒ๐ฐ๐๐ถ๐ป๐ด ๐ผ๐ป ๐๐ต๐ฒ ๐ถ๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฒ๐ ๐ฝ๐ฒ๐ฟ๐ถ๐ฒ๐ป๐ฐ๐ฒ ๐ผ๐ณ ๐๐ถ๐๐ ๐๐ฒ๐ฎ๐น๐ I was lucky to participate in a ๐ฝ๐ฎ๐ป๐ฒ๐น ๐ฑ๐ถ๐๐ฐ๐๐๐๐ถ๐ผ๐ป ๐ผ๐ป ๐ฐ๐ถ๐๐ ๐ฑ๐ฒ๐ฎ๐น๐ last week. Here are the key lessons from the UK and Australia on City Deals. It was a chance to reflect on the great report I wrote with Professor...
Best Practice Economic Development Organisations Don’t Just Implement Programs
๐๐ฒ๐๐ ๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ถ๐ฐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐ Organisations ๐๐ค๐ฃ'๐ฉ ๐๐ช๐จ๐ฉ ๐๐ข๐ฅ๐ก๐๐ข๐๐ฃ๐ฉ ๐ฅ๐ง๐ค๐๐ง๐๐ข๐จ. ๐๐ฉ๐ฆ๐บ ๐ณ๐ฆ๐ฅ๐ฆ๐ง๐ช๐ฏ๐ฆ ๐ธ๐ฉ๐ข๐ต ๐ฐ๐ณ๐จ๐ข๐ฏ๐ช๐ด๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ฆ๐ง๐ง๐ฆ๐ค๐ต๐ช๐ท๐ฆ๐ฏ๐ฆ๐ด๐ด ๐ญ๐ฐ๐ฐ๐ฌ๐ด ๐ญ๐ช๐ฌ๐ฆ. Hereโs the behaviours I've seen from ๐ฃ๐ฆ๐ด๐ต ๐ฑ๐ณ๐ข๐ค๐ต๐ช๐ค๐ฆ economic development organisations: ๐๐น๐ฒ๐ฎ๐ฟ ๐ผ๐ฏ๐ท๐ฒ๐ฐ๐๐ถ๐๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ฒ๐ป๐ฒ๐ฟ๐ด๐ ๐ผ๐ณ ๐บ๐ถ๐๐๐ถ๐ผ๐ป:...
The Hidden Cost of Vague Objectives
๐ง๐ต๐ฒ๐ฟ๐ฒโ๐ ๐ฎ ๐๐ถ๐ฑ๐ฑ๐ฒ๐ป ๐๐ผ๐๐ ๐ผ๐ณ ๐ฉ๐ฎ๐ด๐๐ฒ ๐ข๐ฏ๐ท๐ฒ๐ฐ๐๐ถ๐๐ฒ๐.โฃ (and it will make or break your economic development initiatives)โฃ ๐๐ฉ๐ฆ๐ฏ ๐ฑ๐ณ๐ฐ๐ซ๐ฆ๐ค๐ต๐ด ๐ง๐ข๐ช๐ญ ๐ต๐ฐ ๐ฅ๐ฆ๐ญ๐ช๐ท๐ฆ๐ณ ๐ฆ๐น๐ฑ๐ฆ๐ค๐ต๐ฆ๐ฅ ๐ช๐ฎ๐ฑ๐ข๐ค๐ต, ๐ช๐ตโ๐ด ๐ข๐ฏ ๐ช๐ฏ๐ฅ๐ช๐ค๐ข๐ต๐ช๐ฐ๐ฏ ๐ฐ๐ง ๐ข ๐ญ๐ข๐ค๐ฌ ๐ฐ๐ง ๐ค๐ญ๐ฆ๐ข๐ณ ๐ข๐ฏ๐ฅ ๐ณ๐ฆ๐ญ๐ฆ๐ท๐ข๐ฏ๐ต ๐ฐ๐ฃ๐ซ๐ฆ๐ค๐ต๐ช๐ท๐ฆ๐ด.โฃ โ Simply having a "mission statement" doesn't...
External news
Local Economies (UK): Child poverty strategy will lift hundreds of thousands of children out of hardship – biggest gains in North West and Yorkshire, finds IPPR
Source: Local Economies (UK) Author: Rosie Okumbe Date published: 2025-12-04 [original article can be accessed via hyperlink at the end] Responding to the governmentโs child poverty strategy, Professor Ashwin Kumar, director of research and policy at IPPR, said:โAfter...
Local Economies (UK): Over half a million children to be lifted out of poverty as government unveils historic child poverty strategy
Source: Local Economies (UK) Author: unknown Date published: 2025-12-04 [original article can be accessed via hyperlink at the end] New strategy to lift 550,000 children out of poverty by 2030 โ delivering the largest reduction in child poverty since records began...
Combined Authorities (England): Bradford’s retrofitting sector bringing in millions for local economy
Source: Combined Authorities (England) Author: unknown Date published: 2025-12-02 [original article can be accessed via hyperlink at the end] A report by Green Economy has revealed that Bradford's domestic retrofit industry contributed ยฃ334 million to the economy in...
Local Economies (UK): RWE to build its largest UK battery energy storage facility
Source: Local Economies (UK) Author: unknown Date published: 2025-12-01 [original article can be accessed via hyperlink at the end] RWE to build its largest UK battery energy storage facility Published by Jessica Casey, Editor Energy Global, Monday, 01 December 2025...
Local Economies (UK): โPosh-poor divideโ: the rise in areas of England where wealth and deprivation appear side by side
Source: Local Economies (UK) Author: Jessica Murray and Michael Goodier Date published: 2025-12-01 [original article can be accessed via hyperlink at the end] The homes of people in Nunsthorpe, a postwar former council housing estate known locally as โThe Nunnyโ, sit...
Local Economies (UK): โIf we want a stronger, fairer and more globally competitive music industry, the answer lies in partnership.โ
Source: Local Economies (UK) Author: unknown Date published: 2025-12-01 [original article can be accessed via hyperlink at the end] PRS Foundation was founded in 2000 by our major donor, PRS for Music, in recognition that, despite the abundance of talented music...