010: Nicola Headlam: Reviving the North - How to Tackle Economic Disparities and Managed Decline

Welcome to ‘This Is The North’ Podcast, your source of transformative conversations. An intentional challenge to the systems holding back the North of England. Hosted by Alison Dunn, an award-winning charity chief executive and former solicitor. This podcast is supported by Society Matters Community Interest Company and is dedicated to curating and sharing knowledge, powering the change we need from a more equal and inclusive society.In today’s episode, Alison is joined by Nicola Headlam, a renowned independent economic adviser and former Head of the Northern Powerhouse. Together, they delve into the intricacies of policy and politics from the era of Thatcherism and Lord Heseltine to today's complex geopolitical landscape. Today’s discussion focuses on:Economic Development: Nicola shares insights from her pioneering work in neighbourhood renewal and her approach to evidence-based policies aimed at addressing inequalities.Historical Context and Policies: We critique the evolution from New Labour’s regional development policies to their recent impacts on the North.Subnational Economic Development: Emphasis on practical, evidence-based policymaking with a "worst-first" approach to significantly reduce economic disparities.Cultural and Economic Potential: A vibrant discussion on the North's rich culture and untapped potential for economic revitalisation.Role of Evidence in Policy: Highlighting the crucial role of data-driven approaches in mitigating regional disparities and the impacts of a decade of managed decline.Infrastructure and Urban Development: Exploring the pivotal role of infrastructure in economic development, including discussions on the abandonment of HS2 and the efforts toward 'levelling up.'Social Issues and Public Sector Challenges: An examination of public sector cuts and the critical roles within the third sector amidst shifts in government policy.Brexit and Its Implications: Assessing Brexit’s tangible impacts on regional development and economic strategies.Future of Economic Development: Discussing the urgent need for continued investment in infrastructure and innovation to propel Northern England forward.Key Thoughts & Takeaways:This discussion offers a retrospective look at pivotal decisions that have shaped the current challenges in Northern England. You will leave this episode equipped with a deeper understanding of the complex socio-economic disparities facing the North, and inspired by actionable strategies that aim to leverage regional strengths, paving a future filled with hope, opportunities and possibilities.Enjoyed the podcast? Subscribe now, and together, let's empower our communities for a brighter, more equitable future.Alison Dunn (Host)Nicola Headlam (Guest)Peter Bell (Producer)This podcast was recorded and produced by Purpose Made, dedicated to powering societal change through knowledge sharing. Hosted on Acast. See acast.com/privacy for more information.