Skip to main content
  • The CBI chevron_right
  • Devolution and regional growth policy update: 14 May 2019

Devolution and regional growth policy update: 14 May

Hannah Richmond Regional Senior Policy Advisor

As the devolution framework is pushed further down the government agenda, the CBI continues to stress its importance to firms operating on a local scale.

14 May 2019, 2 min read

In 2017, government promised a framework for devolution, transferring power to more local administrations, ensuring regional issues are addressed that impact business operating across a smaller area.

In the CBI’s first instalment of its roundtable series, attendees discuss how a national framework for devolution in England can benefit business across all regions. As government prioritises other endeavours such as Brexit, the roundtables allow business to show the demand for certainty which is crucial at this turbulent time in politics.

While the drivers of productivity are the same across the UK, local performance within each driver varies widely between the regions. And we know that to really understand productivity, we need to look at a local level, and understand how the devolved governments, local authorities and LEPs can work together to turnaround performance.

Read the CBI report, Unlocking Regional Growth, here.

Generally, the feedback from the roundtables has been positive. Mayors have acted as a key focal point, becoming the go to on a number of issues affecting people and businesses in that area. Those without deals voiced frustration over the lack of clear voice for their region, as well as the complex landscape of local government which has proven challenging to navigate.

Find out how Metro Mayors impact devolution frameworks here.

Two key points that businesses at the roundtables reiterated, were the need for an economic analysis when considering devolution deals and the need for transparency when making decisions.

The CBI spoke out on the topic of devolution in northern England, saying:

“With that it is important to reiterate the point that devolution is very much a journey, one which all parts of the country should be able to benefit from.”

The CBI is holding two more roundtables to discuss these issues further, one in London, the other in Newcastle, with spaces still available to CBI members.

Contribute to the CBI’s position on devolution here.