The NHS and other key health organisations have started the debate on the value that anchor institutions can bring to ‘place’ and the key role they could play in developing successful local communities and social value. What is lacking from the debate is how a regionally focused, civic approach to the current economic conditions, could help the UK overcome current economic challenges. Especially if these institutions were entrusted with some of the finances the UK Treasury has budgeted for this work. I believe that such an approach could lead to the development of that mythical multiheaded hydra of national of inclusive growth, levelling up and delivering on our net zero targets.

I believe that the current ‘one size fits all’, centralised approach to funding we have in the UK limits the economic impact that regional place makers can deliver. I would agree that centralised control enables the Treasury to reduce and manage the UK’s balance sheet more effective. However, the current national tendering process requires anchor institutions to write high-quality tenders and policies that meet both regional needs and nationally decided outcomes. And this takes place while continuing to deliver their successful tenders, with reduced teams, due to the impact of austerity-related cuts and the resulting loss in spending growth, estimated to be £540bn over 2010-19[1] . To put this in context, one of the outcomes of reduced funding and labour-intensive tendering, is Councils in England spending at least £27m on consultants to support them in producing bids for the levelling up fund[2]”. This equates to around 0.6% of the total £4.8b[3] available, being spent on consultants, prior to tenders even being submitted for review.

“If we created an environment in which regional anchor institutions had greater time, flexibility, and finances to develop regionally specific projects, we could then take advantage of the skills, knowledge and experience in each region”

It is also crucial to recognise the impact the current competitive tendering approach could have on partnership building. By creating competition at both national and regional levels, we see institutions working in silos, each looking to develop a project that will secure them funding. If we created an environment in which regional anchor institutions had greater time, flexibility, and finances to develop regionally specific projects, we could then take advantage of the skills, knowledge and experience in each region. This could enable clear mapping of regional needs and assets, an analysis on what has and hasn’t worked previously, and how each project will deliver for the community. To enable this to happen, the UK government could utilise Local Labour Market Agreements (LLMA), with regional partners, enabling them to gain ‘earned autonomy’, and creating improved collaboration between regions and national government.

Utilising greater levels of devolution beyond just local government, to deliver a regionally focused, civic approach to redress the current situation, where regions and anchor institutions are empowered to take advantage of their unique opportunities, be these geographical, sectoral, skills related. While, developing a stronger relationship with Government, aimed at better understanding what work within national confines. This is the careful balance required to enable regions, under the existing system, to secure funding and gain the trust of those in power, in the hope this will convince the government to loosen, or even remove the jacket (for example, through devolution deals).

How can regional anchor institutes solve these challenges and deliver growth and levelling up while progressing towards our net zero targets?

Through my contributions to the new NCIA Debate Stage, I will look at three economic challenges that we are currently facing across the UK, and how a regional approach, focused on empowering and utilising anchor institutions, can help us to overcome each. I will reference current best practice from anchor institutions, that are already supporting regions to overcome economic barriers and how – if these were scaled up in a way that took on board regional differences and opportunities – we could achieve success and growth across the UK. Centred around how participation can empower regions to deliver on their civic and economic potential.

The three key challenges that my blogs will focus on are:

  • The UK’s prevailing tight labour market.
  • Current and future skills mismatches.
  • The impact of the UK Governments current regional and anchor institution funding models.

[1] The Macroeconomics of Austerity • The Progressive Economy Forum

[2] LocalGov.co.uk – Your authority on UK local government – Councils spend millions on levelling up bids, new figures show

[3] Levelling Up Fund Round 2: successful bidders – GOV.UK (www.gov.uk)

The NHS and other key health organisations have started the debate on the value that anchor institutions can bring to ‘place’ and the key role they could play in developing successful local communities and social value. What is lacking from the debate is how a regionally focused, civic approach to the current economic conditions, could help the UK overcome current economic challenges. Especially if these institutions were entrusted with some of the finances the UK Treasury has budgeted for this work. I believe that such an approach could lead to the development of that mythical multiheaded hydra of national of inclusive growth, levelling up and delivering on our net zero targets.

I believe that the current ‘one size fits all’, centralised approach to funding we have in the UK limits the economic impact that regional place makers can deliver. I would agree that centralised control enables the Treasury to reduce and manage the UK’s balance sheet more effective. However, the current national tendering process requires anchor institutions to write high-quality tenders and policies that meet both regional needs and nationally decided outcomes. And this takes place while continuing to deliver their successful tenders, with reduced teams, due to the impact of austerity-related cuts and the resulting loss in spending growth, estimated to be £540bn over 2010-19[1] . To put this in context, one of the outcomes of reduced funding and labour-intensive tendering, is Councils in England spending at least £27m on consultants to support them in producing bids for the levelling up fund[2]”. This equates to around 0.6% of the total £4.8b[3] available, being spent on consultants, prior to tenders even being submitted for review.

“If we created an environment in which regional anchor institutions had greater time, flexibility, and finances to develop regionally specific projects, we could then take advantage of the skills, knowledge and experience in each region”

It is also crucial to recognise the impact the current competitive tendering approach could have on partnership building. By creating competition at both national and regional levels, we see institutions working in silos, each looking to develop a project that will secure them funding. If we created an environment in which regional anchor institutions had greater time, flexibility, and finances to develop regionally specific projects, we could then take advantage of the skills, knowledge and experience in each region. This could enable clear mapping of regional needs and assets, an analysis on what has and hasn’t worked previously, and how each project will deliver for the community. To enable this to happen, the UK government could utilise Local Labour Market Agreements (LLMA), with regional partners, enabling them to gain ‘earned autonomy’, and creating improved collaboration between regions and national government.

Utilising greater levels of devolution beyond just local government, to deliver a regionally focused, civic approach to redress the current situation, where regions and anchor institutions are empowered to take advantage of their unique opportunities, be these geographical, sectoral, skills related. While, developing a stronger relationship with Government, aimed at better understanding what work within national confines. This is the careful balance required to enable regions, under the existing system, to secure funding and gain the trust of those in power, in the hope this will convince the government to loosen, or even remove the jacket (for example, through devolution deals).

How can regional anchor institutes solve these challenges and deliver growth and levelling up while progressing towards our net zero targets?

Through my contributions to the new NCIA Debate Stage, I will look at three economic challenges that we are currently facing across the UK, and how a regional approach, focused on empowering and utilising anchor institutions, can help us to overcome each. I will reference current best practice from anchor institutions, that are already supporting regions to overcome economic barriers and how – if these were scaled up in a way that took on board regional differences and opportunities – we could achieve success and growth across the UK. Centred around how participation can empower regions to deliver on their civic and economic potential.

The three key challenges that my blogs will focus on are:

  • The UK’s prevailing tight labour market.
  • Current and future skills mismatches.
  • The impact of the UK Governments current regional and anchor institution funding models.

[1] The Macroeconomics of Austerity • The Progressive Economy Forum

[2] LocalGov.co.uk – Your authority on UK local government – Councils spend millions on levelling up bids, new figures show

[3] Levelling Up Fund Round 2: successful bidders – GOV.UK (www.gov.uk)