The Centre for Retail Research – some common ground?

Posted Posted in Localisation, Retail

The Centre for Retail Research (CRR) has provided authoritative research and analysis of the retail and service sectors for twenty-one years in Britain, Europe and North America and is completely independent, not funded by the retail sector or suppliers. In an article on its website, a ‘recalibration of policy’ is advocated. Themes relevant today: Create a comprehensive industrial strategy, based […]

Anchoring community wealth

Posted Posted in City council, Devolution, Economy, Employment, EU, Finance, Food, Local economies, Localisation, People power, Procurement, Regional economies, Transition, Urban

Preston’s skyline: Carl Ji, a Chinese student, at the University of Central Lancashire Austerity has been devolved to local councils and, perversely, areas with higher levels of poverty have been hit hardest, councils have on average faced 40% cuts in their budgets. In the face of adversity councils such as Preston have responded by bringing together anchor institutions and working with […]

Can you help us to inspire and catalyse a better economy?

Posted Posted in Uncategorized

Join LWM’s board We know our work towards localising and redistributing prosperity resonates with a lot of people. We’d love some of that resonance to draw people to get involved in governing our future – the small but crucial ‘lynchpin’ organisation in the region’s progressive economics! After the summer we will be embarking on a fourth phase of our Localising […]

Birmingham Newsroom: find it and buy it from local businesses to help the local economy

Posted Posted in City council, Council, Economy, Employment, Food, Globalisation

Birmingham Newsroom, Birmingham City Council’s online press office writes about Find it in Birmingham, the city council’s procurement portal where the goods and services the council needs to go about its business are bought, aiming to make sure the Birmingham pound is kept local.  Councillor Majid Mahmood, cabinet member for value for money and efficiency, has talked about how the […]

A new citywide currency keeping money earned in city in the local economy

Posted Posted in Economy, Finance, Local economies, Microfinance, Planning, Regional economies, Transition

Above: Karen Leach from Localise West Midlands and Andy Reeve from Impact Hub Birmingham who have produced a currency note exclusive to Birmingham – see http://www.birminghammail.co.uk/news/midlands-news/birmingham-could-next-city-launch-8810436. They are planning to follow the model of the existing Bristol Pound, which is currently used by 782 firms and generates £1 million of business each year. Karen Leach, coordinator at Localise West Midlands, […]

Theme of top post this year: realising the potential of local economic power

Posted 1 CommentPosted in Democracy, Devolution, Economy, Local economies, Localisation, Planning, Regional economies, Trade, Transition

Mainstreaming Community Economic Development is a major strand of LWM’s work that explores and supports an economic development approach that is based on making the most of local enterprise, existing business supply chains, networks, community assets and human potential. Read on: http://localisewestmidlands.org.uk/mainstreaming_ced/ Its second project, Localising Prosperity: http://localisewestmidlands.org.uk/mainstreaming_ced/mced2-reports/ –

Human-scale, decentralised technologies

Posted Posted in Books and articles, Economics, Economy, Energy, Environment, Globalisation, Import substitution, Local economies, Localisation, Planning, Regional economies, Renewable energy, Sustainability, Transition

In Lean Logic, the late David Fleming recalls that in in 1995, the Times Literary Supplement placed a book by E.F. Schumacher, the chief economic advisor to the UK Coal Board for two post war decades, among the 100 most influential books published since World War II. Small Is Beautiful: a study of economics as if people mattered has been […]

A different economic model: 2 – a constant, stable,‘steady state’ economy

Posted Posted in Economy, Environment, Government, Local economies, Localisation, Poverty, Transition

George Monbiot suggests that it is time for a government commission on post-growth economics which would invite contributions from those already investigating the possibility of moving towards a steady state economy: one that seeks distribution rather than blind expansion; that does not demand infinite growth on a finite planet. Localise West Midlands is dedicated to advocating and building such an […]

A call for a locally-focused approach, integrated with conventional economic development

Posted Posted in Democracy, Devolution, Economics, Economy, Employment, Globalisation, Import substitution, Local economies, Planning, Procurement, Regional economies

In a letter to the Observer, George Morran, who has a wealth of experience in local government, wrote: the case for a new approach to manufacturing (Observer, Business Sunday 29th December) needs to be taken further. The Observer article issued ‘a big challenge, but one that must be met’: “Britain must look beyond London, put faith in manufacturing and redress […]