Cllr Jenny Dawe

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Welcome

• Cllr Jenny Dawe
• Leader
• City of Edinburgh Council

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What does it mean to be world class?

• Dermot Finch
• Director, Centre for Cities

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Main points

• Impact of recession
• Globalisation and case for city-regions
• World-class reality check
• Edinburgh City-Region scorecard
• Recommendations

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Impact of recession

• Credit Crunch
• Mortgages
• Housing market
• Confidence
• Business investment
• Jobs
• Unemployment up
• PMI - employment change, 3 months to Sep
  08

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English City-Regions
Population
Jobs
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City performance since 1997

• 1997-2007 Period of growth for many cities
• Jobs employment
• FBS
• Construction
• Retail
• City-centre regeneration

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Population up
Source own representation with data from Nomis
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Strong output growth
Source own representation with data from ONS
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Triple split
Source own representation with data from Nomis
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Financial Business services
Source Nomis Z/Yen and the City of London
(2008) The Global Financial Centres Index 3
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Inclusive Growth?
Source own representation with data from Nomis
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Inclusive Growth?
Source own representation with data from DCLG
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Sustainable Growth?
Source own representation with data from DEFRA
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World-class?

• City-regions need to focus on their assets and
  strengths not jump on latest bandwagon

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City Links
Source own representation, with the help of
google maps
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City Links
Source own representation, with the help of
google maps
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Our work

• Recent
• UK Cities in the Global Economy
• Innovation, Science The City
• Home Economics
• Worklessness A City Approach
• Forthcoming
• Into Recession
• Polarised Cities
• High Skills

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Final questions

• Recession impact?
• Edinburgh City-Region more collaboration?
• What are you really world-class at?

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www.centreforcities.orgd.finch_at_centreforcities.o
rg 020 7803 4302