Cuts could lead to new reality

By LBV

15 Sep 2010

The Chamber recently hosted a Manufacturing meeting and the challenges and opportunities for the sector were starkly clear.

Firstly, on the public-sector or publicly-funded supply side, the message was of funding reductions and uncertainty of their position, if any after the comprehensive spending review in the autumn. This was equally the case whether a university, sector-organisation, business support or regional agency.

Whatever one’s views of these various bodies, there is little doubt that some form of public intervention will be necessary going forward if the UK is to maximise a manufacturing and export led recovery.

Secondly, the businesses represented described an equally uncertain world, albeit with more of a combination of optimism as well as caution. Defence and aerospace, on which a large part of the local economy depends, awaits with trepidation the outcome of the spending review.

The nuclear industry sees massive growth potential but tempered by the realities of international competition and the need for clear direction from government. As if these major policy calls weren’t confusing enough, there’s little detail like the huge paradox of it being more lucrative to burn some of industry’s organic raw materials, due to the incentives for ‘bio-fuel’, causing shortages and inflation.

We have held very positive meetings with our MPs on these issues and believe that they are committed to championing the cause.

There is also a review of business support underway nationally and we will be campaigning with vigour. Please tell us if there are issues you wish to raise.

Almost unnoticed, among the mass of current initiatives and statements are some potentially hugely profound developments for industry in the field of further education and skills.

There are two immediate consultations by BIS: ‘A simplified further education and skills funding system and methodology’ and ‘skills for sustainable growth’. While they are complex, our summary would be that in future education may only be paid if it prepares its students for the world of work and jobs.

Some of the ‘soft courses’ are already being ditched. Industry has been calling for this for a long, long time. This also means that the educational and skills institutions will have to make more determined efforts to understand the needs of employers.

The Chamber chairs the Pennine Lancashire Skills Board which finds much to like in the documents. Again please let us know if you have comments and we will feed them directly in to our response.

This leads on to another current initiative, Local Enterprise Partnerships, which are causing some comment. These are to be the local strategic mechanism, responding to the notion of small government and, after a swathe of regional and local intermediaries are swept away, to be based on ‘natural economies’ and public:private partnerships led by business.

The Chamber has been providing evidence of the interventions that would enhance the Pennine Lancashire economy – whether infrastructure, transport, skills, housing and enterprise, based on information, experience and partnership working over a long period.

We await the sponsoring departments, both BIS (Vince Cable) and CLG (Eric Pickles), who have so far only called for broad expressions of interest, defining the working meanings of ‘local’ and ‘enterprise’. We can then build on the preliminary dialogues and consultations that we have had with members and the wider private sector, and only take up any more of their precious time once we have tangible issues to consider and know what authority LEPs may have.

Finally, Pennine Lancashire’s Food Festival was kicked off in style by Northcote Manor’s Nigel Haworth at Ewood Park with 5,000 people turning up and the exhibitors generally sold out. This greatly encourages us in our efforts to promote the Pennine Lancashire visitor economy.

Michael Damms
Chamber of Commerce East Lancashire
 

Enjoyed this? Read more from LBV

Latest news

1

Business board launches to support county's economic growth Lancashire Business Board

Business board launches to support county's economic growth

18 Jul 2024

2

Breck to deliver £150m of affordable homes over four years Breck Development In Progress

Breck to deliver £150m of affordable homes over four years

18 Jul 2024

3

Notarianni Ice Cream Parlour Scoops Up Energy Efficiency Notarianni.jpeg.jpg

Notarianni Ice Cream Parlour Scoops Up Energy Efficiency

19 Jul 2024

4

Thirteen new contract wins in three months for seoBusiness SeoBusiness Contract Wins

Thirteen new contract wins in three months for seoBusiness

19 Jul 2024

5

Blackburn Hotspots: Filling a big hole Blackburn Hotspots Lineup

Blackburn Hotspots: Filling a big hole

19 Jul 2024

Bec Web Strip 980x120
Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Lancashire Built Environment Conference
BEC 315 X 315 Px
Networking
25 Sep 2024

Lancashire Built Environment Conference

Conference and Exhibition Centre, Winter Gardens Blackpool, FY1 1HL

08:30 - 13:00

RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
11 Jun 2024 - 04 Dec 2024

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 16:30

What are Menopause Action Plans & How to Write One
Menopause Action Plan 2024.png.png
LBV Hub Webinar
19 Jul 2024

What are Menopause Action Plans & How to Write One

~ Online ~, ~ Online ~, ~ Online ~

12:30 - 13:00

Business Networking in Fylde, Blackpool
Blackpool Fylde Image.jpg.jpg
LBV Hub Networking
19 Jul 2024

Business Networking in Fylde, Blackpool

Village Hotel Blackpool, Blackpool, FY3 8LL

07:30 - 09:30

Skills Bootcamp in Procurement - Cohort 1
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Seminars
30 Jul 2024 - 08 Oct 2024

Skills Bootcamp in Procurement - Cohort 1

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

Preston Freelancer MeetUp and Coworking Day
Screenshot 2024-06-13 at 13.55.10.png.png
LBV Hub Networking
30 Jul 2024

Preston Freelancer MeetUp and Coworking Day

Society1 Coworking Space, Preston, PR1 3LT

10:00 - 12:00

Scaling your revenue: From zero to £1m in 60 months
CBP-logo LBV.png.png
LBV Hub Webinar
31 Jul 2024

Scaling your revenue: From zero to £1m in 60 months

Online, Online, Online

08:00 - 09:30

Chamber Breakfast Networking
Chamber Logo1.png.png
LBV Hub Networking
31 Jul 2024

Chamber Breakfast Networking

Pye Motors, Morecambe, LA3 3PF

08:00 - 10:00

Online Women's Health Clinic
clinic.png.png
LBV Hub Webinar
06 Aug 2024

Online Women's Health Clinic

x, Online, x

12:00 - 12:00

International Coworking Day Open Day
1.png.png
LBV Hub Social
09 Aug 2024 - 09 Aug 2024

International Coworking Day Open Day

Society1 Coworking Space, Prestin, PR1 3 LT

10:00 - 13:00

Knowledge & Networking: Basic Digital Marketing
Chamber Logo1.png.png
LBV Hub Seminars
12 Aug 2024

Knowledge & Networking: Basic Digital Marketing

Lancaster Golf Club, Lancaster, LA2 0AJ

14:00 - 13:00

Understanding Menopause
menopause.png.png
LBV Hub Webinar
15 Aug 2024

Understanding Menopause

x, Online, x

12:30 - 13:15

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV116 Online Graphic
Subscribe now

Weekly news bulletin