Looking Ahead

For Ocean Gateway and other strategic initiatives to succeed in raising regional and overall UK productivity, we believe a rebalancing framework is necessary. This should be based around:

  • Ambitious place-based economic and spatial policies,
  • Realigned and reinvigorated policies to support sustainable development,
  • A new approach to public funding that tackles underinvestment in skills and infrastructure, and promotes private sector investment and trade, particularly in left behind places,
  • Place-based marketing leading to the attraction and retention of talented people and organisations to build on and execute partnership-led initiatives such as Ocean Gateway.

This needs to be driven by an explicit Government commitment to rebalancing that recognises the opportunities and challenges presented by disparities across the UK.

For more information, please see Ocean Gateway Decade of Delivery or contact Anthony Hatton, Peel L&P.