The Levelling Up Advisory Council (LUAC) visited the Advanced Manufacturing Research Centre (AMRC) in Rotherham, showcasing the transformative potential of investing in skills, innovation, and infrastructure. The visit highlighted the importance of collaboration between government, industry, and academia in driving economic growth and regeneration, and the potential of deeper devolution powers.
Oliver Wyman's report, commissioned by the Levelling Up Advisory Council, identifies regional disparities in UK SME access to finance. The report highlights factors contributing to these disparities and provides recommendations to create a more balanced distribution of finance across the UK, aiming to unlock untapped potential and drive economic growth.
Dr Hayaatun Sillem CBE, Chief Executive Officer of the Royal Academy of Engineering and a Member of the LUAC, explains how R&D and innovation is creating jobs and fuelling economic growth in regions that haven’t traditionally felt its benefits.