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Speaking to Econ Films’ CoronaNomics show Lord Gus O’Donnell said he feared the impact of the lockdown was undermining the Prime Minister’s ambitions of reducing income and regional... Read more...
06 May 2020
Professor Stephen Machin, director of CEP, and Henry Overman, research director of CEP, contribute to an investigation into the differences in wages and opportunities across the country and why some towns and ... Read more...
09 March 2020
Transport upgrades are a key part of the Northern Powerhouse strategy, but there is some criticism about how much large-scale public investment in transport can act as a panacea for economic development. Profe... Read more...
26 February 2020
Policies targeted at specific places don't always benefit the intended people, the research director of the LSE's Centre for Economic Performance warns. ... Read more...
29 November 2019
But their ban has backfired, according to a report by the London School of Economics. The developers have simply walked away, causing the number of new homes being built to shrink and for prices to soar. And ... Read more...
01 November 2019
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31 October 2019
However, Professor Christian Hilber believes the ban could increase the "ghost town effect" as it inadvertently reduced the number of available homes due to building companies finding new work in surrounding areas. The ... Read more...
How can social mobility be improved? Lee Elliot Major and Stephen Machin write that merely tweaking existing policies will not transform society. They outline four major changes that have the potential to actually do so.... Read more...
30 October 2019
Max Nathan is an associate professor at the Centre for Advanced Spatial Analysis, University College London. London's technology ecosystem is thriving. The city has more than 50,000 tech firms, with over 260,000 employe... Read more...
29 October 2019
Disadvantaged areas need evidence-based approaches, not policy innovation, argues the director of the What Works Centre for Local Economic Growth. Evidence-based policy in disadvantaged places, What Works Centre for Eco... Read more...
25 October 2019
We are very pleased to have launched our collaborative work on disadvantaged places. This project looks in depth at policy, and the use of evidence, in places in the UK that are most disadvantaged, sometimes referred to... Read more...
24 October 2019
The winners of the 2019 WTO Essay Award for Young Economists are Jan Bakker of Oxford University and Federico Huneeus of Princeton University, who were ranked in equal first place by the Selection Panel. They will share ... Read more...
12 September 2019
City centres aren't dying as a response to big-box openings; they are only changing their commercial structure, writes Maria Sanchez-Vidal. ... Read more...
21 August 2019
Monica Langella and Alan Manning find that high unemployment in an area induces people to move away, and has an even stronger effect on the attractiveness of that area to potential movers. They also find that younger and... Read more...
19 August 2019
Facilitating trade in services, particularly knowledge-intensive ones, requires strong global cities as trade hubs, write Saul Estrin and Daniel Shapiro.... Read more...
25 July 2019
More than a century ago, the opening of the Panama Canal revolutionized international trade by making it much quicker and easier to travel between the Atlantic and Pacific Oceans. But, write Stephan Maurer and Ferdinand ... Read more...
22 July 2019
A study at the London School of Economics has found that such bans damage local construction and tourism industries. At the same time, outsiders, who are banned from new-build homes, flood the market for older places, pu... Read more...
20 July 2019
Properties on the Lockington Crescent estate were on the market for between £4,500 and £7,000 - considerably cheaper than in London, where homes were up to 30% more expensive, according to economic historian ... Read more...
07 July 2019
Coverage of LSE's #EvidencePod at Evidence Week in Parliament.... Read more...
28 June 2019
Snippet ... 80% of new housing is going on so called brownfield land in the south-east but relatively little brownfield land in the right places at the you can develop a reasonable prices that have to build on some green... Read more...
20 May 2019
01 May 2019
Original information: Chiara Criscuolo, Ralf Martin, Henry G. Overman, John Van Reenen. Some Causal Effects of an Industrial Policy. American Economic Review, 2019, 109(1): 48-85. Governments around the world provide la... Read more...
14 April 2019
House prices indicate the value of canals as an environmental resource to local residents in England and Wales, write Stephen Gibbons, Cong Peng and Cheng Keat Tang. ... Read more...
09 April 2019
From Dr Guy Michaels, London School of Economics, UK Joseph Cotterill, in "Aid groups battle to reach cyclone survivors" (March 21), describes the terrible devastation that recent floods have wreaked in Mozambique and n... Read more...
27 March 2019
In this interview, Paul Cheshire shares his over 50 years of experience on urban economics. He talks about why "land is making a comeback", reasons for the dramatic turnaround in the value of land, the "key tools in the ... Read more...
18 March 2019
But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolun Yu of the London School of Economics, the clearest impact of Help to Buy has been to raise house prices, potentially by as much as 5 ... Read more...
09 March 2019
Snippet: ...home buyers. It was supposed to increase home-ownership rates among the young. Economists dispute whether it actually has. But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolu... Read more...
07 March 2019
But Christian Hilber, a professor of economic geography at the London School of Economics, says even if those empty apartments were occupied, they wouldn't help mitigate the affordable housing crisis.... Read more...
05 March 2019
Economists believe "firms are more productive if they're in larger cities" says Henry Overman, a Professor of Economic Geography at the LSE. What Works Well Centre for Economic Growth ... Read more...
04 March 2019
Most countries pursue policies that implicitly or explicitly aim at promoting 'compact urban form', but so far these policies have not been well-grounded in evidence. This column summarises the state of knowledge on the ... Read more...
22 February 2019
Such things occur outside idle thought experiments. Guy Michaels of the London School of Economics and Ferdinand Rauch, of the University of Oxford studied ... [paywall] ... Read more...
17 February 2019
Guy Michaels, of the London School of Economics, and Ferdinand Rauch, of the University of Oxford, studied the fortunes of Roman-era towns in Britain and ... [paywall] ... Read more...
14 February 2019
Klaus Desmet, David Krisztian Nagy, Dzhamilya Nigmatulina, Nathaniel Young The economic geography of transition economies has changed dramatically over the last quarter century, with large urban areas growing fast and ... Read more...
04 February 2019
The first is a strategy of reversal. This consists of interventions that aim to offset or compensate for the technological and market dynamics that cause cost disadvantages for value creation in left-behind places - plac... Read more...
21 January 2019
A British study estimated the impact of public subsidies in regions in difficulty. If a gain for the job was found but the big companies, first beneficiaries, do not change their behavior, notes the professor of economy ... Read more...
14 January 2019
Recent political developments in the US and Europe have led to renewed interest in the large and persistent regional disparities which plague our societies. These disparities have been partly driven by a secular decline ... Read more...
11 December 2018
Evidence-based principles for local policymakers seeking to design an effective industrial strategy - by Henry Overman and Naomi Clayton. ... Read more...
15 November 2018
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the Single Market our party will be abandoning workers in Aberdeen, Inverness and towns and cities across Scotland. That... Read more...
29 May 2018
Relocation is one successful example of public sector jobs boosting private sector activity, write Giulia Faggio, Teresa Schlüter and Philipp vom Berge. In a recent SERC discussion paper, we study t... Read more...
09 April 2018
That’s helped to boost growth and employment, but now it means that regions like the north east are vulnerable to any increase in barriers to trade, as demonstrated by recent research at the University o... Read more...
02 March 2018
Last week’s highlights - Assessing the impact assessments - Almost all of the interesting results you get out of modelling Brexit are down to the judgments and assumptions you put in, said Robert Chote, ... Read more...
11 February 2018
Moreover, when we consider these findings in light of research published last July by Centre for Cities and the Centre for Economic Performance, which suggested that Aberdeen’s economy would be hit harde... Read more...
09 February 2018
Type: Broadcast Mention of LSE report which said that Aberdeen would be the UK city worst hit by a hard Brexit. ... Read more...
15 January 2018
Mention of LSE report which found Aberdeen would be worst hit by a hard Brexit. ... Read more...
… within the next half an hour Mole Valley and Drygate and Banstead among the areas which would be hit hardest by Brexit according to a report by researchers at the London School of Economics say both e... Read more...
08 December 2017
A recent study by LSE said Brexit without a trade deal would cost London over £100bn over five years, while staying in the single market would reduce the losses to some £58bn. ... Read more...
06 December 2017
Snippet:... A recent study by LSE said Brexit without a trade deal would cost London over £100 billion over five years, while staying in the single market would reduce the losses to some £58 billio... Read more...
Our final #GeekoftheWeek goes to Henry Overman with his NIESR chart looking at the local economic impact of Brexit. ... Read more...
03 December 2017
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion in annual revenue and as many as 30,000 jobs, a f... Read more...
01 December 2017
New job openings attract not only local workers, but also those living relatively near, write Alan Manning and Barbara Petrongolo..... Related publications "How Local Are Labor Markets? Evidence fro... Read more...
How will your local area be affected by #Brexit? Our final #GeekoftheWeek goes to @HenryOverman with his @NIESRorg chart looking at the local economic impact of Brexit. Peston on Sunday Retweeted ... Read more...
30 November 2017
The report defines a hard Brexit as being on World Trade Organisation (WTO) tariffs with no customs union, and a soft Brexit with the UK staying in a form of customs union and tariffs remaining at zero with a ... Read more...
29 November 2017
Article by Henry Overman Much has been written about the impact that Brexit might have on the national economy. We know far less about how that impact might vary across the UK. In a recent paper published i... Read more...
27 November 2017
However, the regions that are now calling for special rules do not belong to those parts of the country that Brexit is likely to hit particularly hard economically. According to calculations by economists at t... Read more...
24 November 2017
Snippet: ...e Thank you very much Steve France's reporting for us there in Cardiff and serve loaded of the have been in touch about food prices someone texted me to say food has increased by 5% since June ... Read more...
10 November 2017
Meanwhile, the risks of Scotland crashing out of the EU without the UK government securing a deal have been revealed in a damning report by the London School of Economics. Figures show that every single part o... Read more...
08 November 2017
Ronnie Cowan, SNP, Inverclyde: A report from the centre for cities and the Centre for economic performance and the London School of Economics said that all cities would schedule increasing cost... Read more...
06 November 2017
Another study by the institute examining the regional implications of Brexit concludes that the south around London is likely to be hit particularly hard, as well as the region around Manchester and the south ... Read more...
02 November 2017
Research by the London School of Economics forecasts that even in the event of a Brexit transition deal being struck, the Argyll and Bute economy will shrink by 2 per cent. ... Read more...
31 October 2017
Scotland’s Brexit Secretary Mike Russell told the convention that a report out last week revealed a soft exit from the EU would leave the area £150million worse off, while a “hard, no deal Br... Read more...
Mention of figures from the London School of Economics on the impact of a ‘no-deal’ Brexit on Birmingham’s economy. ... Read more...
29 October 2017
The overall impression in other European capitals is that the British want to have their cake and eat it, by leaving the EU and yet retaining all its advantages, a demand which no EU government is prepared to ... Read more...
28 October 2017
An excellent study published last month by a research group at the London School of Economics looks at the differences in economic activity in varying parts of the UK. The finding are intriguing and sometimes ... Read more...
26 October 2017
Scottish Secretary David Mundell has told opponents of Brexit to stop bandying about “damning figures” such as an analysis that Aberdeen will be worst hit by the divorce from Brussels. The London S... Read more...
25 October 2017
However, the Department for Exiting the EU recently rejected requests to publish the analysis, arguing that there was a risk of a knock-on effect on national and regional economies . But the Lib Dems have work... Read more...
But the analysis will be shared with the Scottish government, David Davis told a committee of MPs. Mr Davis told the Brexit select committee that publishing the analysis could undermine the national interest. ... Read more...
It is still unclear whether we are heading for a ‘hard’ or ‘soft’ Brexit but, amid calls for a second referendum, it is important that voters are told about the UK Government’s ow... Read more...
Scotland’s biggest cities stand to lose billions of pounds if the UK government fails to secure a Brexit deal, the Liberal Democrats have claimed (Hamish Macdonell writes). The party commissioned analysi... Read more...
24 October 2017
Every part of Scotland and the UK as a whole would be affected by a soft Brexit, which would retain access to the single market during a transition period, according to the London School of Economics (LSE). Ho... Read more...
23 October 2017
Birmingham would be the second most damaged city in Britain by a hard Brexit, new research has revealed. The city's economy would lose £6.82 billion over five years. The figures, published by the res... Read more...
London boroughs from the suburbs to the City stand to lose billions of pounds from Brexit, new research revealed today. The impact of a “hard” exit without a trade deal would cost the capital&rsquo... Read more...
Newcastle’s economy would shrink by £1.92bn, a fall in economic output of 5%. The figures, published by the respected Centre for Economic Performance at the London School of Economics, show how muc... Read more...
Using calculations based on research by the London School of Economics, the Lib Dems say that if the UK exits the EU in March 2019 without a deal, Britain’s economic output in the five years after Brexit... Read more...
22 October 2017
Leaving the EU will cost Britain £430billion over five years if no deal is done, research suggests. Even a “soft” Norway-style Brexit could cost the country £235billion – spa... Read more...
21 October 2017
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion ($23.7 billion) in annual revenue and as many as ... Read more...
19 October 2017
The South-East is not the country’s productivity engine, rather a band stretching west from the capital towards Bristol is, according to a new LSE report which challenges prevailing wisdom on the uneven ... Read more...
12 October 2017
A working group will be set up to prepare Pembrokeshire for the effect of Brexit, following a council vote. The county could lose £35.4m in trade if the United Kingdom opts for a "hard" Brexit,... Read more...
09 October 2017
Brexit will hit Pembrokeshire harder than the Sea Empress disaster, according to a comparison made in a report for Cabinet next week. The Director of Development’s report ahead of an agenda item called &... Read more...
06 October 2017
Financial services aren’t as London-centric as the creative industries, and the coast-inland divide is growing, write Sandra Bernick, Richard Davies, and Anna Valero. The UK’s financial services... Read more...
02 October 2017
Article by Sandra Bernick, Richard Davies and Anna Valero: The UK’s financial services industry is not nearly as London-centric as the creative industries. Rather than the South East of England being the... Read more...
25 September 2017
The M4 corridor is more productive for the British economy than the southeast, report finds A study into the industrial breakdown of the country by the Centre for Economic Performance (CEP) at the London Sc... Read more...
22 September 2017
Earlier in the summer, research from think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics revealed Reading is likely to be one of the areas hit hardest by Brex... Read more...
12 September 2017
I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the local economic impacts of Bre... Read more...
07 September 2017
A report by the London School of Economics' Centre for Economic Performance had suggested Brexit would leave all British cities adversely affected. Related publications ‘Brexit, Trade and the E... Read more...
06 September 2017
The Centre for Economic Performance at London School of Economics has predicted a soft brexit is likely to increase the cost of EU trade by 2%, causing a subsequent 1% fall in British GDP, while a hard Brexit ... Read more...
03 September 2017
THE economies of both Tunbridge Wells and Tonbridge will suffer in the coming years due to Brexit, a new report by the London School of Economics claims. Titled The Local Economic Effects of Brexit, the study ... Read more...
16 August 2017
A rebalancing is long overdue. “Regional disparities are wider in the UK than other western European countries,” according to the London School of Economics’ Centre for Economic Performance. ... Read more...
12 August 2017
Experts have predicted that Thanet would be the hardest hit area of Kent in a 'soft Brexit' scenario. A new study by the London School of Economics revealed that Thanet could lose £27.2 million &... Read more...
10 August 2017
What if there is no deal? A “very, very bad outcome,” in the words of Chancellor of the Exchequer Philip Hammond. The U.K. would regain control of laws, money, immigration and ability to negotia... Read more...
People up and down the country can ill afford for silly season squabbles to distract us from the complexity of Brexit …amidst the summer politicking and parties, a new report by Centre for ... Read more...
A London School of Economics report in June showed that Britain was one of just three out of 28 countries that saw wages fall in real terms between 2007 and 2015. The only country where wages fell more... Read more...
09 August 2017
Their research found that every local authority would be negatively affected under either scenario but concluded that the economic impact of leaving the single market and customs union would be around twice as... Read more...
06 August 2017
A new report by think tank Centre for Cities and the Centre for Economic Performance (CEP) predicts Worthing will be on the places hit hardest by an expected downturn in trade after the country leaves the... Read more...
New research suggests that Slough will be among the top five UK urban areas to be negatively impacted by Brexit. A report by the London School of Economics Centre for Economic Performance and think tank Centre... Read more...
05 August 2017
A new report put Reading in third place of areas worst hit by a hard Brexit A new report by the think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics reveals... Read more...
02 August 2017
The authors of the report, Naomi Clayton and Professor Henry Overman of the LSE’s Centre For Economic Performance, said: “All British cities are set to be negatively affected as a result of higher ... Read more...
01 August 2017
The London School of Economics has published an analysis of the possible effects of a ‘hard’ and ‘soft’ Brexit on towns and cities all over the country. The report predicts that Swin... Read more...
31 July 2017
We are also now beginning to see why Scots voted 2:1 to remain in the EU. The thinktank Centre for Cities has predicted that Scotland’s major cities will suffer the worst consequences of Brexit, hard or ... Read more...
30 July 2017
Middlesbrough has been singled out as one of the places which could be hardest hit by Brexit. As the debate over the terms of the UK’s exit of the European Union continue to be debated, the potential ... Read more...
Brexit will hit hardest in the South of England, according to new research. But although the more prosperous cities of the South will lose the most, they will find it easiest to adapt. Aberdeen in the Nor... Read more...
29 July 2017
Brexit will hit Scottish oil capital Aberdeen the hardest of all Britain’s cities, with London also ranking highly and facing a medium-term blow to economic output of as much as 2.6 percent, academics at... Read more...
28 July 2017
Article by Henry Overman: The LSE’s Centre for Economic Performance (working with the Centre for Cities think tank) has carried out a study shedding light upon the local economic impact of Brexit. Henry ... Read more...
The study by the Centre for Cities and the Centre for Economic performance at the London School of Economics found that cities with large high-skilled service sectors, such as business and financial services, ... Read more...
Smaller cities Crawley and Barnsley are predicted to have the lowest downturn in economic output of either a "hard" or "soft" Brexit, alongside cities like Hull and Wakefield. A new report ... Read more...
Aberdeen and Edinburgh are the cities set to take the biggest financial hit when the United Kingdom leaves the European Union, according to a think tank that predicts a downturn in trade even if ministers stri... Read more...
The impact of Brexit on Aberdeen’s economy will not be as bad as predicted, according to junior Brexit minister Robin Walker. Mr Walker was responding to a bombshell report from the Centre for Cities, wh... Read more...
…Evidence again that any form of Brexit will do more damage to Scotland’s farming sector than it will to the UK as a whole. At least the city economies will be OK though? Not a chance. The report ... Read more...
Aberdeen can rise to the challenge of finding news ways to boost the economy, politicians and industry leaders said today. The confident comments come despite a report yesterday that predicts Brexit will hit A... Read more...
All areas of the North East would be hit by Brexit and may take longer to recover than other parts of the country, a new study says. The study by the Centre for Cities and the Centre for Economic Performance (... Read more...
Wealthy Southern cities are predicted to be hardest hit by Brexit, according to a new report. The study, by the Centre for Cities and the Centre for Economic Performance at the London School of Economics, foun... Read more...
A think tank analysed the potential impact of both a “hard” and “soft” Brexit on British cities in the 10 years following the implementation of new trade arrangements with the EU. It is... Read more...
27 July 2017
All cities in the UK are looking set to see a fall in economic output regardless of whether a ‘hard’ or ‘soft’ Brexit is delivered, experts have today warned – but more prosperous... Read more...
Centre for Cities and Centre for Economic Performance analysis also places Edinburgh sixth in a top ten of urban conurbations hit most if the country fails to strike a deal with the EU. Related publications... Read more...
Aberdeen will be the hardest hit city in the UK by Brexit, according to a new report on the economic impact of withdrawal from the European Union (EU). Other cities or urban areas such as London, Slough and Ed... Read more...
Worthing is among the top ten towns that will suffer the most by Britain’s exit from Europe, according to a study that overturns assumptions that poorer areas of the UK will suffer the most. For the firs... Read more...
Cities that are successful and have large high-skilled service sectors, mainly located in the south of England, will be hit the hardest by Brexit, whether it is ‘hard’ or ‘soft’. A repo... Read more...
A new report today named Aberdeen as the UK city predicted to be the worst-hit by a so-called hard Brexit. London and Edinburgh also ranked in the top 10 list compiled by researchers at the think tank Centre f... Read more...
Research done by the Centre for Economic Performance (CEP) at the London School of Economics and the Centre for Cities predicted an economic downturn of 3.7 per cent for Aberdeen and 2.7 per cent in Edinburgh ... Read more...
The joint Centre for Cities and Centre for Economic Performance study predicts that Bristol’s economic output will decrease by up to 2.6 per cent – the 11th worst-hit city in the country. However, ... Read more...
The LSE’s Centre for Economic Performance (working with the Centre for Cities think tank) has carried out a study shedding light upon the local economic impact of Brexit. Henry G. Overman writes that it ... Read more...
Article by Henry Overman I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the l... Read more...
In total, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain part of the EU’s common market. Related publications ‘#GE2017Economists: The... Read more...
10 June 2017
Article by Henry Overman The elections are barely behind us now, and we should keep asking the question, ‘What are the economic forces polarising the UK?’ A big part of the story concerns the ge... Read more...
09 June 2017
A year ago, in June 2016, the British voted on their country's EU membership. Economists and financial markets were in bright turmoil and warned of the consequences of a Brexit. Today, twelve months later,... Read more...
08 June 2017
The London School of Economics (LSE) has published a report assessing all of the party manifestos and how respective policies will affect key voter issues. Intended to be "objective, brief and non-tech... Read more...
For the first time in years, UK voters have a real choice between economic models The Centre for Economic Performance at the London School of Economics has published a series of election analyses, looking a... Read more...
06 June 2017
The need to give the North a boost was highlighted by a new study by the Centre for Economic Performance, part of the London School of Economics, which said the Government’s Northern Powerhouse project h... Read more...
03 June 2017
Professor Paul Cheshire accused the tycoon of hugely exaggerating the size and benefits of his stake in Scotland and said promises made by him were falling apart at the seams. This article was published by the Mail on ... Read more...
10 January 2016
The UK taxpayer is left to pick up the cost of flooding because housebuilders do not contribute enough when building homes, giving them an incentive to build on floodplains, according to research. Flooding costs between... Read more...
01 January 2016
Ever since Thatcher's Teesside stroll, breathing life into blighted areas has met with mixed success. Understanding what might work is a step in the right direction. Professor Alan Manning of the London School of Econ... Read more...
03 October 2015