What policies and interventions would be most effective in driving regional and local economic growth, and how do these vary across places? How can we improve our understanding of the growth opportunities and barriers to investment across different locations across the UK?

Background

Sustainable economic growth is at the heart of everything HM Treasury is working to achieve. The Growth section includes key questions that are expected to support the government in taking action to fix the foundations of the economy, rebuild Britain and make every part of the country better off.

Next steps

Get in touch with HMTResearch@hmtreasury.gov.uk

Source

This question was published as part of the set of ARIs in this document:

HMT Areas of Research Interest October 2024

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Related UKRI funded projects


  • Local Economic Growth What Works Centre

    The What Works Centre aims to significantly improve the use of evidence in the design and delivery of policies for local economic growth and employment leading to more effective policies and policymaking in these areas. ...

    Funded by: ESRC

    Why might this be relevant?

    The project focuses on improving evidence-based policies for local economic growth, which aligns with the question's goal of driving regional and local economic growth.

  • West Midlands LPIP

    This 5-month project will establish a West Midlands Local Policy Innovation Partnership (WM LPIP). This will involve connecting local policy and research partners across the region to deliver a programme of activity that...

    Funded by: ESRC

    Why might this be relevant?

    The project establishes a partnership to address challenges in local growth, but the focus is more on building partnerships rather than directly addressing policy interventions.

  • UK Regions Digital Research Facility (UK RDRF)

    The UK RDRF brings together a number of research strands funded under the DET, EPSRC and ESRC portfolios over the last decade to create a national facility to tackle the vexed question of regional competitiveness and reb...

    Funded by: EPSRC

    Why might this be relevant?

    The project aims to tackle regional competitiveness and rebalancing the UK economy, which partially aligns with the question's focus on driving regional and local economic growth.

  • What Works Centre for Local Economic Growth 2023-2025

    The What Works Centre for Local Economic Growth was set up in 2013. The overall aim of What Works Growth is to increase the cost-effectiveness of policies for local economic growth by improving the use of evidence and ev...

    Funded by: ESRC

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    Over the past few years, cities and city-regions have assumed growing prominence in discussions over economic growth and performance. Both geographers and economists point to the increasing concentration of economic acti...

    Funded by: ESRC

  • What Works Centre for Local Economic Growth

    The What Works Centre for Local Economic Growth was set up in October 2013 as part of the What Works network to analyse which policies are most effective in supporting and increasing local economic growth. The overall a...

    Funded by: ESRC

  • Drivers of Local Prosperity Differences: People, Firms and Places

    This project aims to learn more about what drives the large and persistent productivity differences across regions in the UK. Despite their importance, the factors behind these spatial economic imbalances are still poorl...

    Funded by: ESRC

  • What Works Centre for Local Economic Growth: Supporting the Industrial Strategy

    The What Works Centre for Local Economic Growth will undertake work to help the development of the Industrial Strategy. This will include additional review work to produce 'toolkits' that summarise the available impact e...

    Funded by: ESRC

  • Developing a strategy for economic resilience in the West Midlands Combined Authority: The role of skills and industrial structure.

    The year 2008 has seen economies around the world facing one of the worst economic crises in history. The recession's effects included a significant loss of income and employment which led to several social ills such as ...

    Funded by: ESRC

  • UK City Regions - How Competitive in a Global Economy: What Do the Secondary Data Tell Us?

    This study will encourage a more informed debate about the territorial shape of the UK economy and the contribution of city regions to national economic competitiveness. There is growing research and policy interest in t...

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