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Economic Development News: Birmingham tube

21 May 2004

Birmingham could get its own underground railway if the Conservative party wins power at the June 10 local elections. The £200 million network could cut journey times to the city centre by a quarter, the party claims. Mike Whitby, leader of the city council's Conservative group, said that an integrated transport system, with an underground rail at its heart, was the only way forward for the city if it wanted to receive the international recognition it deserves. If the Tories take control of the council, they say they will halt the planned extension of the Midland Metro tram system, and launch a feasibility study into the underground.

Economic Development News: Skills shortage is key to ending long-term poverty

21 May 2004

A futuristic transport system that hit the rocks in Wales could be on its way to England.Policymakers must address the UK skills shortage if they are to reduce long-term poverty, a senior Bank of England policy maker has warned.

Economic Development News: EU accounts system still hugely 'flawed'

21 May 2004

There are still serious flaws in the way European funding is managed and reported by its member states, according to a report published last week by the UK's public spending watchdog.

Economic Development News brief: Ceramic Workforce Development project to be investigated

21 May 2004

A planned scheme to retrain redundant workers is to be investigated to ensure it gives value for money to the people of north Staffordshire. The Ceramic Workforce Development project, which is being led by the Ceramic and Allied Trade Union, will be appraised for match funding by regional development agency Advantage West Midlands. For details, visit www.advantagewm.co.uk.

Economic Development News brief: Report by London Development Agency

21 May 2004

Universities and higher education colleges in London generate around £8 billion in goods and services each year, says a report by the London Development Agency. It says that amounts to nearly one per cent of the UK's GDP and that for every one person employed by the sector in the capital, another position is created elsewhere in the economy. London - The Knowledge Capital can be viewed at www.lda.gov.uk.

Economic Development News brief: Friends of the Earth warning

21 May 2004

Expansion of the Asda retail chain will damage local trade and local communities, hurt UK farmers and "may not live up to its job creation claims", environmental campaign group Friends of the Earth warned this week. The group says Asda fails to mention how many jobs it will destroy by building new supermarkets and warns that retail employment trends show a shift from full to part-time work. For details, visit www.foe.co.uk

Economic Development News brief: 45 business share £13 million

21 May 2004

A microbrewery and a computer game design firm were among 45 businesses that shared £13 million in regional selective assistance in the first quarter of the year, the Scottish Executive reported last week. It says the funding will help create or safeguard 1,700 Scottish jobs. For details, visit www.scotland.gov.uk.

Economic Development News brief: Welsh minister announces consultation

21 May 2004

Welsh minister for education and lifelong learning Jane Davidson last week announced a consultation on a plan to boost skill levels and help more people into employment. The action plan is seen by the Welsh Government as a route to higher wages, long-term prosperity and increased confidence, well-being and social cohesion. The Skills and Employment Action Plan 2 is available at www.wales.gov.uk.

Economic Development News: Market towns 'need more young leaders'

21 May 2004

An investigation by the Government's rural adviser has revealed that community-led regeneration of market towns is relying too heavily on individuals from the older generation.

Economic Development News: Data check - Knowsley replaces Tower Hamlets as poorest English borough

21 May 2004

Findings from the Government's indices of deprivation released this month show the highest level of deprivation to be in parts of the North and London, with Knowsley replacing London's Tower Hamlets as England's most deprived borough.