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Power Up: UK-wide growth

by Pauline Biddle, David Noon, Ian Stewart
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    2 minute read 01 March 2019

    Power Up: UK-wide growth Unlocking productivity across Britain's regions and nations

    2 minute read 01 March 2019
    • Pauline Biddle United Kingdom
    • David Noon United Kingdom
    • Ian Stewart United States
    • Pauline Biddle United Kingdom
    • David Noon United Kingdom
    • Ian Stewart United States
    • See more See more See less
      • Pauline Biddle United Kingdom
      • David Noon United Kingdom
      • Ian Stewart United States
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    Within our countries and regions lies a formidable combination of heritage and expertise – and above all - opportunity. Power Up: UK-Wide Growth has taken the overall topic of productivity to help identify where we can maximise on those opportunities by learning from the past, and then combines this with the very real experiences and views of the present.

    Power Up: UK-Wide Growth is the latest report in our Power Up series. In this report we look at how harnessing productivity through skills could hold the key to regional growth. We have consulted more than 50 business leaders, educators, local government officials and other influential figures in Scotland, Wales, Northern Ireland and the eight English regions outside London to assess how this potential could be unlocked.

    Key findings

    • The need for investment in digital and infrastructure: The overwhelming sentiment from the business leaders was the need for investment, particularly in infrastructure and skills. Digital infrastructure was cited as essential for future growth.
    • Upskilling the workforce: Skills is at the heart of this report and from an economics point of view, regions have seen remarkable success in generating work. It is imperative the UK anticipates what skills it will need in 10-15 years.
    • The principle of devolution and the need to plan and execute place-based strategies: Regional businesses need a devolution framework and for deals to work effectively. Planning and executing place-based strategies and working with metro mayors in our city regions is key.
    • More collaboration between business, academia and government: Building on the foundations mentioned, combined with continuing collaboration between policymakers and business leaders will help ensure that we can work towards creating a healthy and balanced UK economy.

    Topics in this article

    Future of Work , United Kingdom (UK)

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    • Pauline Biddle
    • Managing Partner Regional Markets
    • Deloitte UK
    • pbiddle@deloitte.co.uk
    • +44 (0)121 696 8660
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    Pauline Biddle

    Pauline Biddle

    Managing Partner, Clients & Industries

    Pauline is Managing Partner for Clients and Industries in the UK and sits on the Deloitte UK Executive and Deloitte NSE Board of Partners. She is also a Financial Advisory Transaction Services Partner, providing buy and sell side diligence, in addition to capital markets transaction support with a focus on the FTSE100 and FTSE250.

    • pbiddle@deloitte.co.uk
    • +44 (0)121 696 8660
    David Noon

    David Noon

    David is the Chief Operating Officer for Deloitte UK and for Deloitte North and South Europe. Before taking on this role, he was the Global Chief Operating Officer for Risk and Financial Advisory and Global Brexit lead. Prior to that, he was Head of Risk Advisory in the UK and EMEA. David specialises in providing risk and assurance solutions to large, complex organisations in both the public and private sectors. He works extensively with Boards of Directors, Risk and Audit Committees, and has extensive experience of major projects and transactions across sectors. David has worked extensively with our global network, particularly the US, Germany, Australia and Japan. David is a keen supporter of GLOBE, the Deloitte LGBT+ network.

    • dnoon@deloitte.co.uk
    • +44 (0)20 7007 3660
    Ian Stewart

    Ian Stewart

    Chief UK Economist | UK1A

    Ian is a partner and chief economist at Deloitte Consulting UK where he advises clients on macroeconomics and financial markets developments. Ian devised and runs Deloitte's quarterly survey of chief financial officers, writes the Monday Briefing and comments on the economic scene in the media. Before joining Deloitte Ian spent 12 years as chief economist for Europe at the US investment bank, Merrill Lynch in London.

    • istewart@deloitte.co.uk
    • +44 20 7007 9386

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