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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
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
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
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
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
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.
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
Paul Buchanan article for Journal of Urban Regeneration and Renewal
Volterra Partner and leading Economist on transport and infrastructure Paul Buchanan has written a piece for the Journal of Urban Regeneration and Renewal.
Paul's article Transport, land use and economics
is featured as one of many papers discussing urban regeneration and renewal in a complex climate. The publication is the essential peer-reviewed journal for all professionals concerned with physical, economic and social regeneration of urban communities. It publishes in-depth articles and real world case studies on the latest strategy, policy making and current and best practice in the field. You can read more about the journal and indeed purchase it at Henry Stewart Publications.
Planning permission granted for Build to Rent development in Edinburgh
Grosvenor has been granted planning permission for its Build to Rent (B2R) scheme in Springside, Edinburgh. Volterra authored an Economic Impact Report which outlined the social and economic benefits of the scheme and the benefits of B2R schemes in Edinburgh more generally. The scheme will provide up to 400 residential units; building these units specifically for rent allows for accelerated delivery of high quality residential units which increases the vibrancy of the local area and encourages further development. High quality B2R accommodation is a viable alternative to homeownership, which is becoming increasingly unaffordable in Edinburgh, and to traditional rental accommodation. Provision of such high quality accommodation is crucial to ensuring the people and businesses continue to be attracted to locate in Edinburgh, and contribute to its large knowledge economy.
Major upgrade of Bank Tube station gets the green light for work to begin
The Mayor and Transport for London (TfL) have announced that work to dramatically transform and improve Bank Tube station will begin in the new year after the plans were given the go-ahead by Government. The £563m upgrade, commencing in April, will increase the busy station’s capacity by 40 per cent, improving accessibility and reducing interchange times when it is completed in 2021. The majority of construction work will take place behind the scenes with the station remaining open to customers.
Volterra prepared the Wider Economic Benefits case for Bank station in 2014. In this we set out the benefits of increasing station capacity, not simply as more comfortable journeys for commuters, but in terms of enabling additional development and economic growth around Bank station. In areas of high growth and high productivity, transport capacity constraints can impose large economic costs.
Nick Brown, Managing Director of London Underground, said: “Improving Bank station is at the heart of our multi-billion pound investment programme to improve and expand the Tube. This critical and ambitious station upgrade will create a new southbound Northern line railway tunnel and platform to vastly reduce interchange times. A new station entrance on Cannon Street will also be constructed alongside a range of other major improvements to create more direct routes, improving accessibility for the millions of Tube customers who use Bank station each year.”
Image: provided by London Underground.