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Positive Outcomes

29 Jun
17:30

How can Birmingham thrive in a changing world with an unmapped future?

Submitted by Simon Marks, EC Harris, Partner, Local Government & Regeneration

Birmingham is on the threshold of being one of the biggest success stories in modern times. With the devolution picture promising more power to the region and one of the largest Growth Fund settlements ever made, helped by the Strategic Economic Plan, the confidence is growing every day. The thought of the West Midlands having greater power and control over local transport, housing, skills and healthcare as well as being given the tools to grow the local economy and let local people keep the... Read More

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How can Birmingham thrive in a changing world with an unmapped future?
23 Jun
16:10

People and Money

Submitted by Simon Rawlinson, EC Harris, Head of Strategic Research

  With Britain building again, contractors are in short supply and people with the right skills even more so. Before the next crash comes along, the industry must look at ways to foster stability and maintain the workforce we need.  This month's London Real Estate Forum was buzzing with confidence. The venue was packed with project models for schemes that will be built and with developers brimming with confidence. Space is in short supply, so rents are rising, and London... Read More

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People and Money
3 Jun
17:21

Release of public land for housing can only help to relieve pressure – but how can Local Authorities respond?

Submitted by Peter Hogg, EC Harris, Head of Government and Municipals

Government targets to release public land for 150,000 homes over the course of this parliament is a very encouraging move and can only help the pressure on housing. However, the real prize will be how local authorities can use these public assets to create genuine tenure diversity, including  the greater levels of affordable and intermediate housing that are so greatly needed. Continued buoyancy in the housing market  will drive up land values and make disposals to developers for cash... Read More

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Release of public land for housing can only help to relieve pressure – but how can Local Authorities respond?
22 May
14:27

Practical steps to successfully implement totex

Submitted by Greg Bradley, EC Harris, Partner Utilties

Over the next 5 to 8 years, the regulated sectors in the UK will deliver total expenditure plans approaching £150 billion, and more if some of the mega projects such as HS2 and nuclear new build are taken into account. Within these investment programmes, there are several underlying drivers with regulators, asset owners and operators are seeking to achieve: customer outcomes, value for money and efficient delivery. Totex is being used as a new lever to drive the mindset and approach... Read More

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Practical steps to successfully implement totex
22 Apr
14:59

Tesco losses attributable to fall in value of property portfolio

Submitted by Kevin Chrisp, EC Harris, Sector Leader - Conglomerates & Consumer Goods

Tesco has this morning posted a record £6.4bn annual loss, £4.7bn of which was the result of a fall in the property value of its UK stores.  Although this is the biggest loss suffered by a UK retailer, it’s important that we maintain some perspective. This is not a cash-balance loss and Tesco is fighting back hard. In this instance, the property write-down is a clear example of how Tesco is looking to make the foundations of its business stronger. Given it’s entrepreneurial... Read More

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Tesco losses attributable to fall in value of property portfolio
20 Mar
11:25

Budget 2015: Not the public sector game-changer we were hoping for

Submitted by Philip Black, EC Harris, Head of Public Sector

Amidst the usual bluster and rhetoric we have come to expect from the Budget, any notable measures for the public sector were unfortunately few and far between.  We might have seen  increases in funding for church roofs, but there was nothing to further improve the condition of school buildings. There was greater fiscal autonomy for Local Authorities and the regions, but significant cuts for Government Departments and no new money for Local Government. And... Read More

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Budget 2015: Not the public sector game-changer we were hoping for
19 Mar
15:41

Budget 2015: It's the (local) economy, stupid

Submitted by Simon Rawlinson, EC Harris, Head of Strategic Research

Pre-election budgets have a character of their own.  As a set-piece, they provide a great platform for governing parties to celebrate their achievements and to position pre-election inducements and a pattern of play for the campaign to come.  George Osborne did a bravura job in his whirlwind round-up of the UK’s recent progress – including the little-known fact that Yorkshire has created more jobs than France – no doubt presenting his data in the most advantageous light.... Read More

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Budget 2015: It's the (local) economy, stupid
19 Mar
09:43

Budget 2015 brings no new investment plans for infrastructure

Submitted by Mark Cowlard, EC Harris, Global Head of Rail

It is well recognised that investment in Britain’s infrastructure provides the greatest benefit to economic growth, but the chancellor today failed to recognise this with no new announcements of investment plans. Recent investment has contributed to an economy that has ‘grown faster than any other major economy in the world’ but where next? We expected to hear confirmation of plans to progress HS3, supporting the Northern Powerhouse, instead we heard of plans to provide for a... Read More

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Budget 2015 brings no new investment plans for infrastructure
18 Mar
16:15

Announced budget support unlikely to halt Oil & Gas industry decline

Submitted by Henry Lang, EC Harris, UK Head of Oil & Gas

The announcement in the budget with regards to the North Sea taxation is welcome but is unlikely to halt the overall decline in this mature region on its own. The issue of costs and declining production still have to be addressed in a co-ordinated fashion if the UK wants to maintain the current levels of production rather than rely ever more on imported energy. The budget also does not address the opportunities that exist for UK Plc to continue to export our globally recognised expertise in... Read More

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Announced budget support unlikely to halt Oil & Gas industry decline
9 Feb
15:48

Unlocking benefits through quick decisions

Submitted by Mark Cowlard, EC Harris, Global Head of Rail

There's no doubt that George Osborne's emphasis on creating a 'Northern Powerhouse' as part of the National Infrastructure Plan is welcome. Investment in infrastructure contributes to GDP growth in a way that few other investments are able to and the proposed rail upgrades set out in the Plan will have an enabling effect on the regional economies. However, a lengthy decision-making process on important and inevitable infrastructure projects is still preventing the UK from reaping... Read More

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Unlocking benefits through quick decisions

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