The Industrial Strategy and what it will mean for Cumbria

Lecture Room 002 Carlisle - Brampton Road

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A CRED Seminar

Dr Marianne Sensier, Research Fellow, Economics, University of Manchester 'The Industrial Strategy and what it will mean for Cumbria'

“The Industrial Strategy and what it will mean for Cumbria”
In her presentation, Dr Sensier investigates what the government’s Industrial Strategy will imply for the Cumbrian economy.  With the Department for BEIS agreeing a sector deal for nuclear, she asks what about the rest of the economy? The Local Industrial Strategy will have a wider remit than the County’s Strategic Economic Plan.  There is now a focus on addressing challenges within Cumbria in terms of low wages, low skills and low rates of productivity.  A greater emphasis on the foundational economy (education, health, social care, utilities, tourism and retail) is necessary as this employs over 40% of the Cumbrian workforce.  Strategies will need to be developed that stimulate demand for jobs that are more secure and better paid.  Greater engagement with local people is needed to find local solutions.
Marianne will assess the economic performance of the Cumbrian economy in terms of the usual measures of Gross Value Added (per head), employment and productivity but also explore further metrics which give a broader view of the economy with indicators from the Social Mobility Commission and Thriving Places Index (these include indicators for equality, local conditions and sustainability).

Dr. Sensier worked for the Industrial Strategy Commission in 2017, an independent authoritative inquiry into the development of a new long-term industrial strategy for the UK.  This was a joint initiative between the Universities of Manchester and Sheffield.  Their final report was published in November 2017, available at:
http://industrialstrategycommission.org.uk/

The seminar will take place at the University of Cumbria's Brampton Road campus in the main building, Lecture Room 002.

It will start at 5.30pm and last for around 45 minutes with time for questions and discussion. Tea and coffee will be available from 5.15pm.

To book a place or for more details please contact Gail Mulvey, gail.mulvey@cumbria.ac.uk, 01228 888716.

 

Lecture Room 002 Carlisle - Brampton Road