IPPR begins series on North East part in Northern Powerhouse
on July 7, 2016, posted in North East categories
The Institute for Public Policy Research (IPPR) North has published a report, At the crossroads: Regional trade in the North East which explores the region’s economy and trading links. The report is the first in a series examining the North East and its “critical” relationship with other northern regions as part of the Northern Powerhouse. IPPR highlight that the North East does a greater proportion of its trade with the EU than with other English regions, and is particularly dependent on the export of road vehicles. For these reasons, IPPR recommend that the North East Local Enterprise Partnership (LEP) provide “targeted support” to help the North East’s businesses to trade with other English regions. IPPR also recommend that the LEP “press ahead” with its smart specialisation programme to address the region’s “dependence” on a narrow range of goods exports.