One of the key themes of the Autumn Statement was the need to address what chancellor Phillip Hammond described as the ‘damaging imbalance’ in economic growth and prosperity across the country.
In particular, Mr Hammond’s pledge to tackle the UK’s productivity gap by launching a £23bn ‘productivity investment fund’ focused on innovation, broadband and transport infrastructure – which, if tailored to different cities and city regions could help tackle the UK’s ongoing productivity problem.
Want full article access?
Receive The MJ magazine each week and gain access to all the content on this website with a subscription.
Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.
Already a subscriber? Login