The Northern Economic Summit
- 15 November 2018
- 09:25 - 17:00
- The Bridgewater Hall, Manchester
Open Forum Events' annual Northern Economic Summit will support the public and private sectors in building prosperity in Northern England through a programme made-up of innovative, practical ideas and case studies. Delegates will hear from movers-and-shakers, including those providing the services, ideas and finance that the public/private sectors need; including chief economic/scientific/public policy researchers, business leaders, local authorities, central government and international diplomats.
The Northern Economic Summit will:
Devolution - the process of designing services and policy to support the needs of local people - is central to Andy Burnham's agenda for Greater Manchester; it is already facilitating the region's growth into an independent economic and political powerhouse capable of sustaining itself and reducing reliance on central government.
Welcoming delegates to Manchester city centre, Andy will discuss the impact of devolution on economic policy crafting in GM, his economic priorities and the importance local economies play in the bigger regional picture.
Jake Berry MP's remit as Minister for the Northern Powerhouse and Local Growth includes overseeing Local Enterprise Partnership policy, transitioning European Regional Development Fund projects to the UK Shared Prosperity Fund; responsibility for Northern Powerhouse initiatives and prioritising inward/infrastructural investment. The Minister recently launched the £675 million Future High Streets Fund - an initiative to transform British high streets through improved accessibility, re-purposing empty retail space and diversifying the high street experience; attracting 300 local authority bids for a share of the fund.
Local Enterprise Partnerships are collaborations between councils and local businesses established to determine the economic priorities in local areas; driving economic growth, creating jobs and upskilling the work force. This keynote will demonstrate the importance of cross-sector cooperation between business and local authorities in developing local economies that are diverse and equipped to benefit from the fourth industrial revolution and its impact on high streets, regional industry and skills.
Oldham became the world's leading economy during the industrial revolution. Since its de-industrialisation in the mid-20th century, Oldham's economy has naturally contracted; becoming reliant on healthcare, food-processing, retail and warehouse employment. With the rapid development of emerging technologies, are these sustainable foundations on which to build a local economy? Cllr Sean Fielding will spotlight initiatives Oldham council are exploring to entice new start-ups, 'in-sourcing' - a procurement strategy developed in Oldham that has gained national recognition in Preston; as well as changes to business rates retention - will it support re-investment in local economies?
Keynote synopsis coming soon...
The N8 Research Partnership (N8) is the collaborative body for the universities of Durham, Lancaster, Leeds, Liverpool, Manchester, Newcastle, Sheffield and York. The N8 universities deliver more than £12 billion of revenue for the North, provides assistance to more than 31,000 businesses and generates in excess of £6.6 billion GVA as well as being responsible for 119,000 jobs in the region. N8 research programmes drive growth of the knowledge-based economy through the development of world-class interdisciplinary, translational research that deliver real world impact.
China and northern England are developing a sophisticated economic partnership built on shared aspirations between the regions for improved international connectivity, collaboration in the development of emerging technologies, environmental sustainability and transformative economies.
The UK public sector spends £200billion a year. Every additional 1% that is spent in the North will represent an economic boost of £6billion due to the knock on the supply chain and local spending. The Crown Commercial Service, which is the leading public sector procurement organisation, will explain how CCS can work more with the wider public sector across the country to help them get value-for-money from their common goods and services procurement.
This keynote presentation will provide a detailed breakdown from the Department for International Trade of the opportunities, funding and support available to help Northern businesses export.
Ben Houchen is spearheading two initiatives reinvigorating industry in the North East and improve the region's connectivity. Ben has established the South Tees Development Corporation - the first of its kind outside of London - 4,500 acres of land, containing the SSI steelworks site and other industrial assets, earmarked for major economic development to entice investment in the local economy. Additionally, Ben recently agreed a deal to bring the Durham Tees Valley Airport back into public ownership - starting the journey to improving connectivity between the rest of the world and the Tees Valley.
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Construction of The Bridgewater Hall commenced on 22 March 1993, but the idea of a new concert hall for Manchester dates back to the reconstruction of the Free Trade Hall in the 1950s after wartime bomb damage. The Free Trade Hall was home to the city’s famous Hallé orchestra and also hosted rock and pop concerts. However, despite holding great public affection, the 1850s Free Trade Hall was ill-equipped to respond to the rising standards of service and acoustic excellence demanded by performers and audiences.