BER 23 - Chapter 5 Challenges and Opportunities

Chapter 5: Challenges and Opportunities

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Birmingham City Council. (2023) Statement regarding Section 114 notice Pugh, A. (2022) Insights into Birmingham City Council’s Spending Power, Revenue Funding and Spending between 2010-11 and 2019-2020 3 Riley, R., and Taylor, A. (2023) Birmingham in Crisis: Understanding the Challenge of Local Authority Budget Cuts and the Effect on Good Financial Management 2

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WMCA. (2023) West Midlands Innovation WMHTC. (2020) What is the WMHTC?

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UKRI. (2023) £100m R&D levelling up funding awarded to accelerate innovation

7 ONS. (2022) The rise of the UK warehouse and the “golden logistics triangle” 8 ONS. (2023) Internet sales as a percentage of total retail sales (ratio) (%) 9 ONS. (2023) New orders in the construction industry 10 ONS. (2022) Economic activity and social change in the UK, real-time indicators: 7 April 2022

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11 MorganKing. (n.d.) Warehousing and the Golden Logistics Triangle 12 WMCA. (2022) West Midlands Plan for Growth 13 ONS. (2023) Internet sales as a percentage of total retail sales (ratio) (%) 14 Davis, J. (2023) What Makes a Cluster and Who (and Where) Benefits?

15 UKIE. (2020) Think Global, Create Local - the regional economic impact of the UK games industry 16 GBSLEP. (n.d.) Creative Industries in Our Area 17 HM Government. (2019) West Midlands Local Industrial Strategy

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18 WMCA. (2022) West Midlands Plan for Growth

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Birmingham City Council, Route to Net Zero Annual Report, found here: ROUTE TO NET ZERO ANNUAL REPORT (cmis.uk.com).

Accessed on 21st September.

20 Intergovernmental Panel on Climate Change, Climate Change 2023 Synthesis Report, found here: IPCC_AR6_SYR_LongerReport.pdf. Accessed on 21st September 21 Greater Birmingham Chambers of Commerce, Net Zero and Business Insights Report, found here: net-zero-and-sustainabilityreport-2023.pdf (greaterbirminghamchambers.com). Accessed on 21st September.

22 Chris Skidmore, Mission Zero: Independent Review of Net Zero, found here: MISSION ZERO - Independent Review of Net Zero (publishing.service.gov.uk)

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23 Centre for Cities. (2022) Centralisation Nation: Britain’s system of local government and its impact on the national economy 24 National Audit Office. (2021) The local government finance system in England: overview and challenges

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25 LIPSIT. (2021) Achieving Levelling-Up 26 City REDI. (2023) How England’s Devolution Catch-22 Stands in the Way of Balanced Growth 27 DLUHC. (2023) West Midlands Combined Authority Trailblazer deeper devolution deal 28 WMCA. (2023) New powers and £1.5 billion investment to level up West Midlands

29 Support for growing businesses, Centre for Cities, 23 April 2013.

30 GBSLEP Growth Hub. (n.d.)

31 Core funding for LEPs will be withdrawn from April 2024. Spring Budget 2023.

32 WMCA has been awarded £88m from the UKSPF in 2022 for a three-year funding period until March 2025. Local business support features

strongly as one of three key priorities. A review of the existing regional initiatives and programmes suggested the development of targeted premium products alongside generic business support.

33 WMCA. (2023) Delivering a Deeper Devolution Deal for the West Midlands

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34 WMCA. (2023) Plan for Growth 35 WMCA. (20230 West Midlands Innovation 36 The devolved nations business support services have not undergone these dramatic changes and seem to be more ‘recognisable, effective

and respected by business’. Podcast: Small Business Support: Can it be Effective, Highly Visible and Respected? – City-REDI Blog (bham.ac.uk) 37 City REDI. (2023) Small Business Support: Can it be Effective, Highly Visible and Respected?

For queries related to the Birmingham Economic Review for 2023, please contact:

A.Pugh@bham.ac.uk