Pauline Hadaway's articles
After the referendum – planning for change
Join the Liverpool Salon on Saturday 5 November at 2.30 pm to debate the future of the UK economy.
While Project Fear was accused of exaggerating the long-term economic impacts of breaking with the EU, early indications – from the fall in sterling to fears of losing access to foreign skills and investment – suggest that the short to medium term impacts will be painful. Yet, with economic output already weak, borrowing high and productivity and wages on the slide, the UK economy has been in trouble for decades. After years spent ‘kicking the can down the road’, has Brexit finally forced the future of the economy back onto the political agenda? And if so what does that future hold?
Here in the North much has been made of plans to devolve power to local authorities and appoint metro mayors for big city areas such as Greater Manchester and Merseyside to build a future ‘northern powerhouse’. Yet, many remain sceptical about the potential, let alone the will, to initiate ambitious projects that could turn the economy around. Behind the rhetoric of building a new industrial revolution, the powerhouse economy has delivered very little beyond the beginnings of a property boom, limited cultural regeneration, and a boost to Manchester’s financial services and ‘creative industries’ sectors. Meanwhile, many new industries and ambitious infrastructure projects with the potential to revolutionise the UK economy – from fracking, nuclear power and biotech to new runways and high-speed trains – continue to face considerable resistance.
Is the powerhouse running out of steam? Or can the North come up with a ‘modern, active industrial policy’ that is capable of providing the jobs, houses and public services that people need? If Brexit provided the political wake up call, what should future economic plans look like and who will drive them?
Hilary Salt is a Founder of First Actuarial LLP and provides actuarial and consultancy advice to pension scheme trustees and employers and works extensively with trade unions where she assists in collective bargaining situations and advises on the pension schemes run by trade unions themselves. Hilary has recently been re-appointed as the independent adviser to the governance arrangements of the NHS Pension Scheme, a position she previously held for 10 years.
Rob Killick is the founder and director of the digital agency Clerkswell and also the software company EasySharePoint. He is a writer and speaker in his spare time and the author of the economy blog The UK after the recession.
Laird Ryan is an urbanist. town planner and editor of OpenDemocracy’s LocalismWatch site, aimed at making sense of the government’s localism agenda. Laird’s CV includes roles in government, academia and the third sector, including acting as chief advisor to Stoke’s Elected Mayor, leading a ‘Green Papers’ initiative, enabling the wider community to engage with public policy at an earlier stage and higher level. Laird currently designs distance-learning modules for University College of Estate Management, Reading and is Vice-Chair of a Liverpool-based environmental charity.
Pauline Hadaway has worked in arts and education in the UK and Ireland since 1990 and is undertaking a professional doctorate at the University of Manchester’s Institute of Cultural Practices, researching different uses of cultural heritage as a tool for economic regeneration in Northern Ireland and Britain. Pauline is currently a policy correspondent for the public policy research network ‘DevoCulture in the North’.
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