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Rebalancing the economy: a 21st century industrial strategy

  • This event has passed.
22 November, 2016
8:45 am - 1:00 pm
Chartered Accountants’ Hall, Moorgate Place
London, EC2R 6EA United Kingdom
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Centre for Progressive Capitalism
+44 (0)20 7340 2202


The British economy has long been afflicted by economic imbalances. The UK imports more than it exports, it relies too much on consumption as an engine of growth and has been unable to drive up its rate of productivity growth. Services and the south east dominate the economy, while manufacturing in the midlands and northern regions of the country have fallen behind.

The Prime Minister has made it clear that her government will pursue policies to make Britain a country that works not for a privileged few, but for everyone. That means improving productivity, increased investment in R&D and infrastructure including housing, and a plan for every great regional city. The Prime Minister has also set forth her ideas on how an industrial strategy should be capable of stepping into defend important sectors and to make votes on executive pay binding rather than just advisory. Markets need to be made to work better for people.

At this major conference the cross-party Centre for Progressive Capitalism think tank, in partnership with ICAEW, will bring together experts from both the private and public sector to debate what a 21st century industrial strategy can do to rebalance the British economy so it works for everyone.

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08:45 – Registration and buffet breakfast

09:15 – Welcome

  • Hilary Lindsay, president, ICAEW
  • Thomas Aubrey, director, Centre for Progressive Capitalism

09:25 – Keynote speech

  • Vince Cable, former business secretary

09:45 – Rebalancing the UK economy: Accelerating success outside the south east and tradeable services

  • Philip Coggan (Chair), Buttonwood columnist, The Economist
  • Andrew Hodgson, chair, North East Local Enterprise Partnership, and CEO, Soil Machine Dynamics
  • Kay Swinburne MEP, European Conservatives and Reformists Group coordinator, economic and monetary affairs committee
  • Jenny Tooth, CEO, UK Business Angels Association
  • Alison Wolf, Sir Roy Griffiths professor of public sector management, King’s College London

11.00 – Break

11:15 – Improving corporate governance

  • Dina Medland (Chair), contributor, Forbes
  • Sharon Bowles, former MEP for South East England and chair, European parliament’s economic and monetary affairs committee
  • Ian Durant, chairman, Capital and Counties Properties and Greggs
  • Jessica Ground, global head of stewardship, Schroders
  • Chuka Umunna MP, home affairs committee member and former shadow business secretary

12:30 – Closing remarks

  • Thomas Aubrey, director, Centre for Progressive Capitalism

12.45 – Buffet lunch

Register for the event (via Eventbrite)


The image is by Deniz Altindas, published under CC0 1.0

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