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Planning permission granted for Ilona Rose House

Planning permission granted for Ilona Rose House

Soho Estates has been granted planning to convert the old Foyles building in the Tottenham Court Road Opportunity Area into a mixed use development known as Ilona Rose House. The development will include the provision of office, retail and leisure space as well as improved public realm. Volterra authored the economic case for the development which is expected to support 1,485 jobs directly onsite. This is equivalent to an annual GVA of £128 million. Volterra Partner Ellie Evans says ‘The additional office floor space provided by Ilona Rose House is c.10% of the growth in office floor space needed in Soho over the next 20 years in order for Westminster to meet its growth targets. This is a very significant contribution from a single scheme, as has clearly been acknowledged by Westminster.’
Volterra Associate Kieran Arter talks at Annual Transport Practitioners' Meeting

Volterra Associate Kieran Arter talks at Annual Transport Practitioners’ Meeting

Kieran Arter, Associate at Volterra, spoke at the 14th Annual Transport Practitioners’ Meeting in Nottingham on 29 June discussing “How transport supports economic development”. He summarised the treatment of economic benefits in transport appraisal, ranging from traditional user benefits to the more recent thinking on Wider Economic Benefits. Kieran also emphasised the importance of taking dynamic impacts into account – that is, the ways in which transport schemes affect patterns of land use. He explained the results of work undertaken by Volterra to better understand the relationship between accessibility and employment / population density, arguing that it is important to take land use changes into account within appraisal.
National Needs Assessment: when is evidence good enough?

National Needs Assessment: when is evidence good enough?

Leading Economist Bridget Rosewell says that judgement will still need to play a big part in assessing our infrastructure needs of the future in her article National Needs Assessment: when is evidence good enough? Published recently on the Infrastructure Intelligence website, you can read the article HERE. Bridget Rosewell is a member of the National Infrastructure Commission, headed by Lord Adonis, and has been a long-time advocate of the need for infrastructure when planning for the future. This fascinating analysis explores whether we can or even should achieve evidence based policy and decisions.  
Paul Ormerod talks EU referendum on IGTV- don't miss it!

Paul Ormerod talks EU referendum on IGTV- don’t miss it!

Volterra Partner and leading Economist Paul Ormerod was invited to IG with Survation to offer commentary on Brexit after Survation Poll results were shared live on IGTV yesterday, Wednesday 25th May. With just four weeks to the referendum Presenter Jeremy Naylor revealed Survation telephone poll results on which way the vote might go. Of those questioned: 44% would vote to remain, 38% would vote to leave and 18% were undecided. Paul and Jeremy discussed Conservative claims that Brexit would lead to a self-enforced recession, as always Paul offered a fascinating and insightful commentary: "the average period between recessions is 7 years, we are now in the 8th year, so we could be in a natural slow down". You can watch the broadcast HERE. Image: European Union flag by Yanni Koutsomitis licensed under CC by 2.0
Bridget Rosewell speaker in the 2016 World Traders' Tacitus Debate

Bridget Rosewell speaker in the 2016 World Traders’ Tacitus Debate

Volterra's Senior Advisor Bridget Rosewell was invited to be a guest speaker at The 2016 World Traders' Tacitus Debate on Thursday 28th April 2016.  This year's debate returned to the London premises of DLA Piper at the invitation of the Tacitus subcommittee Chairman, Lord (Tim) Clement-Jones. Following Sir Paul Tucker's Lecture at Guildhall, theme was "Should International Monetary Policy and Global Foreign Policy be Inextricably Linked?" Guests and students in attendance were treated to interventions from four distinguished speakers: two economists, Vicky Pryce who previously worked for the UK Government as is now on the Advisory Board of OMFFIF, along with Volterra's Bridget Rosewell OBE. In contrast were Simon Derrick, the Chief Currency Strategist on the BNY Mellon Markets team, and the Chairman of CET, David Coughtrie, who brought to the debate his wide business experience. You can read more about the event and watch the Debate online HERE.
Bridget Rosewell included in City A.M.’s Power 100 Women: Celebrating female stars of The City

Bridget Rosewell included in City A.M.’s Power 100 Women: Celebrating female stars of The City

London: 18 May, 2016: Bridget Rosewell has been honoured with being included on the inaugural City A.M. Power 100 Women list – a collation of a 100 leading women working in The City. The list covers CEO’s, entrepreneurs, economists and millennials, as well as those working in banking and finance, investment, law, technology and telecoms, property, and accountancy, the list celebrates the leading women of London and identifies the ‘ones to watch’. Bridget Rosewell, Senior Advisor for Volterra Partners and member of the National Infrastructure Commission has been included on this year's list...
Ellie Evans speaks at RTPI London Mayoral Series

Ellie Evans speaks at RTPI London Mayoral Series

Volterra Partner, Ellie Evans, spoke at the final event in the RTPI London Mayoral Series. The event looked at the future of London’s economy, focusing on what further fiscal and planning powers would be beneficial for a Mayor to have, in order for the Capital to deliver on its challenging growth targets. Ellie outlined the scale of employment and housing growth that the capital is predicted to need, and discussed the infrastructure and innovation necessary  in order to support this physical growth. Discussing the scale of the challenge on new homes – with London needing double its historic rates of new housing units to meet its targets – and the importance of delivering the social infrastructure required to enable this. Suggesting that TIFs should be used more, and that more taxes should be incorporated to pay back loans needed for infrastructure investment. Ellie also talked about the possibility for the PRS to provide more of London’s future housing growth. Click HERE to see slides from the presentation given by Ellie. Image: The Shard by clive darra licensed under CC BY 2.0
Bridget Rosewell to attend ITC report launch

Bridget Rosewell to attend ITC report launch

Leading economist and member of the National Infrastructure Commission Bridget Rosewell is to attend the Independent Transport Commission (ITC) launch of High Speed Rail and Connected Cities: Accessible Places for Growing Economies on Monday 16th May at Leeds Town Hall. The Independent Transport Commission (ITC) has been running a major research project investigating how High Speed Rail will shape our cities and regions, which has had a major impact on the national debate. Following a programme of expert panels, workshops in the UK city-regions, and study visits to mainland Europe, the ITC released its influential report, Ambitions and Opportunities, at a launch with Sir Albert Bore, Sir David Higgins and the Secretary of State in November 2014. The ITC is now completing the final phase of the study, entitled ‘Disseminating the Insights’. This phase has seen the ITC exploring the insights from Ambitions and Opportunities in collaboration with the city regions through a series of national workshops during 2015. The outcome of the workshops is a report identifying key principles related to the insights from the ITC’s research, identifying what is special to each city, and how initiatives can be tailored to capture the greatest value for each place. To mark the completion of this concluding report, the ITC will launch High Speed Rail and Connected Cities: Accessible Places for Growing Economies, at a high-profile event on Monday 16 May 2016. The key note address will be given by Secretary of State for Transport, The Rt Hon Patrick McLoughlin MP, hosted in the magnificent surroundings of Leeds Town Hall. The morning launch session will include additional keynote statements from our host Cllr Judith Blake, Leader of Leeds City Council, and Dr Pete Waterman of the Cheshire and Warrington LEP. In the afternoon the ITC will also run a workshop that will bring together representatives from across the city regions, including Bridget Rosewell, to explore the opportunities for collaborative working and place shaping in order to capture the economic benefits from HS2 and associated infrastructure investment.
Paul Ormerod on Radio 4's Thinking Allowed

Paul Ormerod on Radio 4’s Thinking Allowed

Leading economist Paul Ormerod was on BBC Radio 4's Social Science series Thinking Allowed on Wednesday 20th April 2016. You can listen to it HERE. Danny Dorling discussed the themes of his new book, ‘A Better Politics: How Governments Can Make Us Happier’, Paul was a speaker, along with Professor Esther Dermott at the University of Bristol. You can read more about Danny Dorling's book here.
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