Whilst it’s no surprise that regional growth hasn’t captured headlines during this General Election campaign, Principal Policy Adviser, Hannah Richmond suspects that it will be front and centre of the new government’s agenda.
Unlocking regional growth and addressing regional inequalities do features to some extent in the Labour and Conservative manifestos, but it is clear that the two parties have a different approach. This includes their outlooks on the future of devolution in England, next steps for local growth funding, or the government’s role in working in partnership with business to build upon the UK’s Industrial Strategy.
Unlocking regional growth: the CBI’s priorities
Before delving into the manifestos, it is important to consider what business wants. Before the launch of party manifestos, the CBI launched our own, “Programme for prosperity: The business vision for the next government”. We used it as an opportunity to set out what’s needed to unlock regional growth and ensure the Industrial Strategy drives economic activity.
On Industrial Strategy, the CBI called for the new government to recommit to the Industrial Strategy, to inspire enterprise and drive economic activity. This include