1 00:00:02,330 --> 00:00:16,940 Good afternoon, welcome. My name's Colin Mair, I'm a professor at the School of Government, having formerly been at the site business school. 2 00:00:16,940 --> 00:00:20,030 And it's my very great pleasure to welcome you to this. 3 00:00:20,030 --> 00:00:31,250 The third session in this series on levelling up regional disparities in equality and social inclusion. 4 00:00:31,250 --> 00:00:39,840 In the first two sessions, we looked at the subjects of the role of business and skills formation. 5 00:00:39,840 --> 00:00:43,330 In addressing regional disparities. 6 00:00:43,330 --> 00:00:55,350 Today, we turn from looking at issues to looking at places, we're looking at a place in particular South Yorkshire. 7 00:00:55,350 --> 00:01:09,860 And it's my very great pleasure to be able to introduce Dave Smith, who is the chief executive of the South Yorkshire Combined Regional Authority. 8 00:01:09,860 --> 00:01:22,940 Before that, he was chief executive of Sunderland City, and before that he was assistant CEO, something like that of Liverpool Rotherham. 9 00:01:22,940 --> 00:01:35,610 So there are few people who had more experience of place based local regional government than they've had. 10 00:01:35,610 --> 00:01:41,850 And it's a great pleasure to have him talking about this subject this afternoon. 11 00:01:41,850 --> 00:01:54,020 He has been educated in three universities in Sheffield, in Manchester, and he got his doctorate in Warwick. 12 00:01:54,020 --> 00:02:00,920 So perhaps I can just begin after that very brief introduction to your background to ask you to tell us a 13 00:02:00,920 --> 00:02:12,520 little bit about your career development and how you forge this interest in reviving left behind places. 14 00:02:12,520 --> 00:02:20,410 I think for me really began as most things do, I suppose, in the sense of where I was born and brought up, 15 00:02:20,410 --> 00:02:29,470 I lived in an industrial town and as parts of Salford in Greater Manchester and my family were a 16 00:02:29,470 --> 00:02:38,170 mixture of steelworkers and my father was a captain on the talks on the Manchester Ship Canal, 17 00:02:38,170 --> 00:02:43,770 taking ships from Liverpool dock in up to Manchester. 18 00:02:43,770 --> 00:02:49,180 And I experienced firsthand the decline of those industries. 19 00:02:49,180 --> 00:02:58,200 The ultimate closure of the canal as a working canal and the closure of the local steel plants. 20 00:02:58,200 --> 00:03:08,070 And as I as I developed into my into my working career, I experienced the. 21 00:03:08,070 --> 00:03:22,870 The violence rarely changes to the economy in the north of England and in some of the the the consequences, the impacts of those changes. 22 00:03:22,870 --> 00:03:31,320 Of course, people people will remember and and and have seen the images of the impacts on that generation. 23 00:03:31,320 --> 00:03:35,010 A people who were working in the coal mines, 24 00:03:35,010 --> 00:03:39,330 in the steel industry and indeed the shipyards in the North East when they went 25 00:03:39,330 --> 00:03:45,240 and those images are about that particular generation who lost their livelihoods. 26 00:03:45,240 --> 00:03:53,140 But the reality is the impact is far deeper, far longer and far more profound than just one generation. 27 00:03:53,140 --> 00:04:05,190 And I've discovered particularly particularly working in the northeast and again in South Yorkshire more recently. 28 00:04:05,190 --> 00:04:11,180 The effects weren't just profound in the sense of the economic shock of it. 29 00:04:11,180 --> 00:04:24,140 It was profound in the sense of loss of identity. So, you know, people, communities, places no longer knew what they were there for. 30 00:04:24,140 --> 00:04:36,970 In Sunderland, it was so, so dramatic that there was no no sign in Sunderland that the driver being one of the biggest shipyards in in England, 31 00:04:36,970 --> 00:04:46,270 you would not know it ever was there. It had been entirely wiped out and erased from any physical memory. 32 00:04:46,270 --> 00:04:57,030 The same is largely true in South Yorkshire, and when you consider the scale and nature of the steel industry one time and of course, the coalfields. 33 00:04:57,030 --> 00:05:06,040 About loss of identity, as well as the economic impacts to people, has been intergenerational. 34 00:05:06,040 --> 00:05:17,860 And over the years, of course, the dynamic has changed, but only to the extent that the gap between those who forged new, 35 00:05:17,860 --> 00:05:29,420 new identities, new means new futures and those who've not been able to access the grows ever wider. 36 00:05:29,420 --> 00:05:35,630 So there is a real sense in which people in South Yorkshire who've not been able to access the 37 00:05:35,630 --> 00:05:44,410 opportunities that indeed people like me had to go to university and be educated and have choices. 38 00:05:44,410 --> 00:05:51,760 And those who have it just is reflected in the simple dynamics of the place. 39 00:05:51,760 --> 00:05:58,090 The number of people who leave South Yorkshire to to to take opportunities that they've 40 00:05:58,090 --> 00:06:04,420 earned through their education and the number of people who don't have that choice. 41 00:06:04,420 --> 00:06:12,930 And if you look just simply at the movements of people in and out of the region, there's barely any movement. 42 00:06:12,930 --> 00:06:19,940 Which shows how the economy itself, just as what now lacks any sort of dynamic. 43 00:06:19,940 --> 00:06:29,810 Facing up to those sorts of challenges, understanding them, appreciating the relationship between people's identity, their place and of course, 44 00:06:29,810 --> 00:06:39,200 their economic opportunity has become the driving factor for me about why I do the job I do and why I've done the jobs have done. 45 00:06:39,200 --> 00:06:48,440 Well, that's very interesting. And we'll explore a bit further that notion of loss of identity and sense of place in a minute. 46 00:06:48,440 --> 00:06:54,830 But I just want to turn first to a little bit of the history of Sheffield in the South 47 00:06:54,830 --> 00:06:59,540 Yorkshire area and how it's got to where it is today before before I pose that. 48 00:06:59,540 --> 00:07:07,490 Let me just say that we're going to have a conversation for about 40 minutes or so in total, 49 00:07:07,490 --> 00:07:17,960 after which will throw it open to questions from you and also from people who are watching online and those who are watching online. 50 00:07:17,960 --> 00:07:28,520 Please do take the opportunity of posing questions as if you were here and then they'll be read out to us so that we'll be able to answer them. 51 00:07:28,520 --> 00:07:34,570 So do please put your questions into the Q&A function of Zoom. 52 00:07:34,570 --> 00:07:46,540 Could you tell us a little bit about the history of the growth and flourishing of Sheffield and South Yorkshire and then its collapse to the day, 53 00:07:46,540 --> 00:07:48,760 should they? 54 00:07:48,760 --> 00:08:01,540 It is worth recalling that that Sheffield and wider South Yorkshire was really literally at the crucible of the first industrial revolution. 55 00:08:01,540 --> 00:08:09,400 It was at the heart of steelmaking and the developments of the whole steel industry 56 00:08:09,400 --> 00:08:18,370 underpinning the whole period in the 19th century of the growth of the UK's economies, 57 00:08:18,370 --> 00:08:26,950 supported by huge coalfields. It will literally providing the fuels for steelmaking. 58 00:08:26,950 --> 00:08:30,430 Not only in the sense that we understand that we understand it in the post-war 59 00:08:30,430 --> 00:08:36,370 period where where those industries were nationalised and agglomerate hit. 60 00:08:36,370 --> 00:08:40,060 But in the period before the war, before the Second World War, 61 00:08:40,060 --> 00:08:48,970 when when Sheffield and South Yorkshire was a myriad of coal mines and and on steel plants of various sizes and of course, 62 00:08:48,970 --> 00:08:58,570 very specialisms was two people will obviously know because it remains part of part of Sheffield's current 63 00:08:58,570 --> 00:09:08,230 economy about the colliery industry and the whole sense of design and development and delivery of a very clever, 64 00:09:08,230 --> 00:09:20,510 very smart engineering around the use of steel, not just in the big ingots and and Sheffield carried right through in terms of its prosperity. 65 00:09:20,510 --> 00:09:29,560 But what the scale of those industries, both in steel and coal mining, spawned a huge amounts of ancillary industries, 66 00:09:29,560 --> 00:09:42,880 ancillary support economy, what we call now Sammies galvanised on the back of those major industries and innovated, 67 00:09:42,880 --> 00:09:49,330 formed, formed different companies, different types of sectors, different opportunities, 68 00:09:49,330 --> 00:09:55,370 not just, of course, in the region or even just in the UK, but worldwide. 69 00:09:55,370 --> 00:10:01,940 And it created a massive sense of pride, 70 00:10:01,940 --> 00:10:13,760 pride to the extent of it captured in these developments in terms of in terms of the massacre in in Sheffield. 71 00:10:13,760 --> 00:10:23,060 So the whole industry is is galvanised around a history that's captured in the in the in 72 00:10:23,060 --> 00:10:29,630 the in the institutions that are being formed as part of the civil society in Sheffield. 73 00:10:29,630 --> 00:10:34,400 So it went far more far deeper than individual industries, far deeper than this. 74 00:10:34,400 --> 00:10:43,110 The spin outs that created it, it became the core core of the institutions of civil society. 75 00:10:43,110 --> 00:10:52,920 And that was equally reflected in the coal mines in terms of the workers institutions, the nature of the community resilience that was formed. 76 00:10:52,920 --> 00:11:01,800 To support communities and to help people, those communities to support themselves in and after all, what was a very dirty, 77 00:11:01,800 --> 00:11:13,170 unhealthy industry that caused huge amounts of impacts on people's life expectancy and health and for which communities 78 00:11:13,170 --> 00:11:22,560 have forged the means of their own sort of public health institutions that supported those people in Midland lights alive. 79 00:11:22,560 --> 00:11:30,750 So it became and was the whole way of being rather than just a means of how people were employed. 80 00:11:30,750 --> 00:11:36,870 So the demise of those things in the starting in the 60s, 81 00:11:36,870 --> 00:11:42,390 but really taking full forward in great pace in the late seventies and into the 82 00:11:42,390 --> 00:11:48,090 eighties didn't just mean that those industries were lost and those jobs were lost. 83 00:11:48,090 --> 00:11:54,340 But it did literally tore those communities apart. The civil society broke down. 84 00:11:54,340 --> 00:11:57,420 And for those of you with long memories of that, 85 00:11:57,420 --> 00:12:05,850 I've look to the history of this will have seen the acute nature that I became in many places in South Yorkshire, 86 00:12:05,850 --> 00:12:14,640 as they did in other regions in the north of England, where communities became no go areas where crime was so high. 87 00:12:14,640 --> 00:12:22,020 Youth crime in particular was so high that there were places that local government offices wouldn't go, 88 00:12:22,020 --> 00:12:27,750 that even police would only go in patrol cars armed and staffed up, 89 00:12:27,750 --> 00:12:32,310 which was simply a product of all the loss of identity, 90 00:12:32,310 --> 00:12:42,000 that loss of purpose in people's lives and in the in the in the in the 90s and during the 2000s, 91 00:12:42,000 --> 00:12:49,130 we spent a great deal of time was spent overcoming the civil rights. 92 00:12:49,130 --> 00:12:54,920 To give people not yet a purpose, not yet a real investment in the future. 93 00:12:54,920 --> 00:13:00,620 But it did at least provide for those communities to have some some sense of belonging again, 94 00:13:00,620 --> 00:13:09,620 some sense of stability, some sense of feeling that it was their communities that they could own and belong to. 95 00:13:09,620 --> 00:13:12,500 And I think that's been the journey today. 96 00:13:12,500 --> 00:13:20,570 OK, so a history of remarkable growth from the industrial revolution, followed by collapse 50 or 60 years ago. 97 00:13:20,570 --> 00:13:33,260 And it's remained in that state basically since then, despite a lot of attempts and regional policies to promote its redevelopment. 98 00:13:33,260 --> 00:13:41,000 Economic simple economics would tell us you'd expect that given the fact that business has collapsed, 99 00:13:41,000 --> 00:13:49,070 the properties of the key to the people don't have jobs means that property prices are low, 100 00:13:49,070 --> 00:13:59,240 cost of labour is low and the supply is relatively high, so that business should be pouring in. 101 00:13:59,240 --> 00:14:07,160 But it hasn't happened. Why, what what what's wrong with that view of the world and. 102 00:14:07,160 --> 00:14:18,790 What's the real underlying problem? I think I think I think the there are, of course, many aspects to the answer to that question. 103 00:14:18,790 --> 00:14:24,280 And there is no one, there is no one reason. 104 00:14:24,280 --> 00:14:34,120 But there are some very significant ones that I think are the ones that preoccupied, preoccupied with my mind. 105 00:14:34,120 --> 00:14:44,220 Firstly, that's clearly with the best of intentions. And to say the desire for change. 106 00:14:44,220 --> 00:14:56,300 And. Solutions to the challenges that I've just described to you, we're seeing in public investments, 107 00:14:56,300 --> 00:15:03,260 largely in the infrastructure within within our communities in South Yorkshire. 108 00:15:03,260 --> 00:15:11,970 So put simply, a great deal of money was poured into local communities, urban centres, 109 00:15:11,970 --> 00:15:21,550 the tip that was about the pulpit rail to make places look and feel better. 110 00:15:21,550 --> 00:15:27,280 But that was a change whilst not seeing. That that was neither. 111 00:15:27,280 --> 00:15:31,190 That wasn't a sustainable solution. 112 00:15:31,190 --> 00:15:38,270 Because the fact that those places did not look good and we're not getting better was fundamentally an issue of prosperity. 113 00:15:38,270 --> 00:15:46,680 This fundamental issue that not enough people could generate enough wealth to lift. 114 00:15:46,680 --> 00:15:49,690 That those places. 115 00:15:49,690 --> 00:15:58,660 So you saw cycle after cycle cycles when the economy in the UK was strong, you'd see public investment in the public realm and communities, 116 00:15:58,660 --> 00:16:05,890 and when and when those cycles were low, ebb investment would fade away, but it would need to come around another cycle again. 117 00:16:05,890 --> 00:16:13,500 And we've had 40 years of that, those cycles going around without fundamental change in the economy. 118 00:16:13,500 --> 00:16:24,520 So it's an issue of public policy, first of all. The second issue is is the issue of the role, the role of the private sector. 119 00:16:24,520 --> 00:16:33,820 So South Yorkshire has the unenviable reputation that it's the only region in the UK. 120 00:16:33,820 --> 00:16:45,200 Well, certainly in England, where during the boom years of the 2000s, the private economy and private sector economy shrank. 121 00:16:45,200 --> 00:16:54,900 And that was on the back of years of private sector decline during the during the 90s. 122 00:16:54,900 --> 00:17:10,090 And they. And the question about why that happened for me was really about the inability to access private 123 00:17:10,090 --> 00:17:18,940 investment at scale in a way that would that would ensure that we not only attracted new investor, 124 00:17:18,940 --> 00:17:25,000 new business into to South Yorkshire, but those business, those indigenous businesses who were there, 125 00:17:25,000 --> 00:17:35,710 which is largely an assembly community left over from the demise of the big industries, couldn't access investment to grow. 126 00:17:35,710 --> 00:17:47,590 Of course, and you said that alongside a national policy that increasingly invested in the certainty of growth that came in 127 00:17:47,590 --> 00:17:55,460 London and the Southeast because this clearly was a period of huge growth and expansion of London and the South East. 128 00:17:55,460 --> 00:18:00,380 Which could attract private investment to give us certainty of return. 129 00:18:00,380 --> 00:18:08,210 A spate of return thefts at an open market in the north of England simply can't match, simply can't match. 130 00:18:08,210 --> 00:18:14,400 So a combination of of an increasingly centralised economy. 131 00:18:14,400 --> 00:18:25,450 And along with a public policy that was based from Westminster seeking to regenerate to drive in infrastructure. 132 00:18:25,450 --> 00:18:33,520 Was a perfect storm for the north of England and without whilst recognising the best of intentions, 133 00:18:33,520 --> 00:18:39,640 simply reinforced and reinforced the position for South Yorkshire, 134 00:18:39,640 --> 00:18:48,910 I meant that the dialogue shifted despite huge amounts of public policy and public investment has gone in over the years. 135 00:18:48,910 --> 00:18:56,740 So let's pursue those different elements of the private and public sector, starting with the private sector and business tech. 136 00:18:56,740 --> 00:19:08,990 Tell us a little bit about the landscape in South Yorkshire, in terms of business, in terms of Assamese and the availability of funding sources. 137 00:19:08,990 --> 00:19:16,520 So we have a number of challenges. We also have a number of opportunities. 138 00:19:16,520 --> 00:19:22,220 The challenges have come in that we don't have the business density we need. 139 00:19:22,220 --> 00:19:33,620 So we're largely in our small economy, but there is nowhere near the level of density or business required to sustain growth and development. 140 00:19:33,620 --> 00:19:42,050 We suffer from a huge productivity challenge that labour is cheap, capital investment is difficult. 141 00:19:42,050 --> 00:19:48,950 And in that context, most SMEs will invest in in cheap labour, not in, 142 00:19:48,950 --> 00:19:54,080 not in the adoption of technologies that would improve its technological opportunities. 143 00:19:54,080 --> 00:19:58,100 That would make it more competitive. So we have a. 144 00:19:58,100 --> 00:20:06,360 So we have a weak, underdeveloped SME sector, whilst that is the predominant sector. 145 00:20:06,360 --> 00:20:15,180 We also we also have the challenge of a developed, underdeveloped, 146 00:20:15,180 --> 00:20:24,690 large scale blue chip sorts of sector that would attract new and developing and competitive SMEs. 147 00:20:24,690 --> 00:20:29,910 So we have a combination of those two issues at play. 148 00:20:29,910 --> 00:20:43,040 We have, though, hugely successful and further developing relationship between our two universities. 149 00:20:43,040 --> 00:20:50,050 And and industry. And this is coming in and in several forms. 150 00:20:50,050 --> 00:20:58,360 All based around our prime capabilities. So in the context of the history of giving you, you won't you will, 151 00:20:58,360 --> 00:21:05,260 you won't find it surprising to say that that one of our prime capabilities is in materials development. 152 00:21:05,260 --> 00:21:09,820 So not just in steel, of course now, but in all sorts of composite materials, 153 00:21:09,820 --> 00:21:16,240 particularly lightweight materials that the University of Sheffield is extremely strong on from a research 154 00:21:16,240 --> 00:21:24,310 and development opportunity for which there is a real hunger in the manufacturing sector worldwide, 155 00:21:24,310 --> 00:21:31,210 particularly in things like automotive sector, particularly in things like the aero sector, 156 00:21:31,210 --> 00:21:37,480 where materials needs to be lighter and stronger, constantly developing. 157 00:21:37,480 --> 00:21:42,060 So the University of Sheffield, in those composite material industries, 158 00:21:42,060 --> 00:21:53,770 in the energy sector and in some and in some particular forms of our manufacturing processes has been hugely attractive to industry and magnets. 159 00:21:53,770 --> 00:22:04,280 Essentially, that has drawn world world leading companies like Boeing, McLaren and the automotive sector. 160 00:22:04,280 --> 00:22:18,710 Rolls Royce and others to be attracted to have significant bases, and in Sheffield, where having the same much younger developments in life sciences, 161 00:22:18,710 --> 00:22:21,200 particularly around health and wellbeing, 162 00:22:21,200 --> 00:22:32,300 drawing on sports technology for elite sports athletes that are being developed in research and development between business and Hallam University. 163 00:22:32,300 --> 00:22:46,100 Translating that lead technology for sports men and women into new technologies that will affect the health and wellbeing of the broader population. 164 00:22:46,100 --> 00:22:51,560 So fantastic developments. But there's a however. 165 00:22:51,560 --> 00:23:01,760 And that, however, is where really poor as the UK is outside the sorts of Oxford Cambridge Triangle. 166 00:23:01,760 --> 00:23:11,570 In being able to convert the I pay into scale manufacturing. 167 00:23:11,570 --> 00:23:15,020 So it's absolutely fabulous that universities are a magnet. 168 00:23:15,020 --> 00:23:22,820 The university is a magnet, so attracting those industries, securing them for the purpose of research and development. 169 00:23:22,820 --> 00:23:28,820 But most of that development is then dispersed actually mostly internationally. 170 00:23:28,820 --> 00:23:39,540 Some in the UK, for almost none in the region. So it's not impacting on the region in terms of those new iPads being developed and scaled, 171 00:23:39,540 --> 00:23:49,500 and it's not impacting in the region in terms of an opportunity at scale for those SMEs to occupy a supply chain. 172 00:23:49,500 --> 00:23:54,490 So those primary developments? The key US furrows, 173 00:23:54,490 --> 00:24:01,630 the absolute key for us is to take that next step and capture much more of those 174 00:24:01,630 --> 00:24:09,310 developments for commercial opportunity in the region that will grow not not to scale, 175 00:24:09,310 --> 00:24:17,160 but better jobs with with futures that will increase prosperity for us. 176 00:24:17,160 --> 00:24:22,890 And and for that to occupy a role across South Yorkshire. 177 00:24:22,890 --> 00:24:32,460 So we're so seeing in logistics, seeing in rail industry, seeing in the aerospace industry there, 178 00:24:32,460 --> 00:24:37,500 where we've got opportunities in prime capabilities that exist in Doncaster, 179 00:24:37,500 --> 00:24:44,130 in South Yorkshire, seeing getting construction and and I.T. industries in Barnsley, 180 00:24:44,130 --> 00:24:56,100 where we've got prime capabilities and the universities are now taking the responsibility to reach out to those other opportunities to cluster, 181 00:24:56,100 --> 00:25:10,110 which we can then develop the opportunity to to to to capture those IP, to capture those SMEs and to cluster around those opportunities. 182 00:25:10,110 --> 00:25:14,710 OK, so that that that's a very interesting description. 183 00:25:14,710 --> 00:25:20,670 So some areas of real strength around materials, health, 184 00:25:20,670 --> 00:25:30,990 life sciences and also a recognition of having different clusters in different places and the importance of place. 185 00:25:30,990 --> 00:25:35,820 So what can be done to address this issue of scaling up there? 186 00:25:35,820 --> 00:25:45,450 I think two different elements to scaling up. How would you go from the small start up companies to national and international leaders? 187 00:25:45,450 --> 00:25:54,780 And the second is how would you develop the presence of existing large companies in the South Yorkshire area? 188 00:25:54,780 --> 00:26:04,320 Any thoughts on either of those and a number of thoughts really starting at this, perhaps least measurable elements of this? 189 00:26:04,320 --> 00:26:14,970 Absolutely critical is to capture the imagination of all of entrepreneurs and investors, 190 00:26:14,970 --> 00:26:21,090 to see and understand the opportunity to recognise the validity of what's 191 00:26:21,090 --> 00:26:31,050 happening in in places like South Yorkshire to overcome stereotypical attitudes. 192 00:26:31,050 --> 00:26:36,660 Understandings of certainly South Yorkshire, but the North as a whole. 193 00:26:36,660 --> 00:26:47,190 And to recognise this, these ventures are real and they are captured around ideas and they have a purpose and direction. 194 00:26:47,190 --> 00:26:55,890 That's the first thing. The second element, so a narrative, a real narrative that compels that's compelling. 195 00:26:55,890 --> 00:27:03,090 It brings confidence, it brings a level of commitment and it brings an appetite to take risk. 196 00:27:03,090 --> 00:27:12,240 That's the first element. The second element is really to backed up with the hard and the hard support both 197 00:27:12,240 --> 00:27:22,100 financial and advisory that the our businesses needs to grow and serve and to foster. 198 00:27:22,100 --> 00:27:29,200 And that that really needs to challenge until an address two issues. 199 00:27:29,200 --> 00:27:35,900 We need to overcome. And they. 200 00:27:35,900 --> 00:27:48,050 The uncertainty of the market conditions that currently leads investors to back the the the best and optimum 201 00:27:48,050 --> 00:27:56,930 investment that they can clearly realise in London and the Southeast that they can't yet realise in South Yorkshire. 202 00:27:56,930 --> 00:28:06,170 So we need to create the right incentives and the right supports for those investors to unlock that private investment 203 00:28:06,170 --> 00:28:14,030 that would enable businesses in the form of loans in the form of equity in the in the forms of venture capital. 204 00:28:14,030 --> 00:28:23,810 That would appeal to that broad sector of opportunity, both for start-ups, for developing SMEs and also obviously for bigger businesses. 205 00:28:23,810 --> 00:28:30,470 We will want to realise that investment and that isn't going to happen without providing the right incentives. 206 00:28:30,470 --> 00:28:34,250 It's clearly not going to happen when the best returns. 207 00:28:34,250 --> 00:28:43,290 The biggest returns continue to be available in in particular parts of the UK and not available in all this. 208 00:28:43,290 --> 00:28:51,420 Those those unlocking those opportunities will come from leading institutions and leading investors, 209 00:28:51,420 --> 00:28:59,750 taking those risks and being pioneers themselves to take those opportunities to invest. 210 00:28:59,750 --> 00:29:06,640 It will also need a fresh look of how how we use public money. 211 00:29:06,640 --> 00:29:10,830 So I think we need to do some what I think would be groundbreaking work, 212 00:29:10,830 --> 00:29:16,780 but what work that we're really keen to do and that we're working on with support, 213 00:29:16,780 --> 00:29:26,660 obviously from the likes of yourself, Colin and Paul Collier and Phil McCann and all those from Sheffield University. 214 00:29:26,660 --> 00:29:39,020 Which is to to make the argument that public investment doesn't just need to come in the form of infrastructure investment for transport and so on, 215 00:29:39,020 --> 00:29:42,820 all those things are welcome and needed. 216 00:29:42,820 --> 00:29:53,710 But we need to understand that public investments is required in the forms that support the private investment into business that 217 00:29:53,710 --> 00:30:04,410 begin to de-risk the opportunity for business to grow that de-risk the forms of private investment that go into those businesses. 218 00:30:04,410 --> 00:30:14,160 That enable the private investment to scale to the different types of businesses who would try and sell a lot because that more than 219 00:30:14,160 --> 00:30:25,460 anything will balance the market forces out for us and provide a playing field on which investors and businesses will take the race to grow. 220 00:30:25,460 --> 00:30:36,740 Using the IP that's being developed with the universities and others that will really not just grow the density of business in South Yorkshire, 221 00:30:36,740 --> 00:30:44,160 not just improve productivity, although it'll do both of those things, but will restructure the economy. 222 00:30:44,160 --> 00:30:48,930 Because the the clarity here needs to be that this is about innovation. 223 00:30:48,930 --> 00:30:58,840 This is about building an economy for the future. And we can see what the economy might be in a three or five year timescale because 224 00:30:58,840 --> 00:31:02,980 we're seeing it before our eyes in the work that's happening between businesses 225 00:31:02,980 --> 00:31:08,620 and the universities because as they are working on solutions to Real-Life 226 00:31:08,620 --> 00:31:16,500 problems in manufacturing materials and in energy that they're delivering on now. 227 00:31:16,500 --> 00:31:20,970 Beyond that, three, five year horizon, who knows what it looks like? 228 00:31:20,970 --> 00:31:30,410 I'm certainly not clever enough to make those predictions. But simply growing to the direction of travel, we will then start to disperse, say well, 229 00:31:30,410 --> 00:31:38,150 then start to find his own roots and all routes to market, which will then grow itself. 230 00:31:38,150 --> 00:31:47,390 But it's getting old without home. And that element for me, that relationship between university development businesses, 231 00:31:47,390 --> 00:31:55,850 access to finance and support from the public sector is the key bit for those that will unlock that private 232 00:31:55,850 --> 00:32:03,980 sector growth that we failed to see at the levels we needed to unlock the potential in South Yorkshire. 233 00:32:03,980 --> 00:32:09,170 So that's that's a very important insight in so far. 234 00:32:09,170 --> 00:32:18,410 As you're saying, the key role the public sector can play is not so much picking winners, which always raises concerns, 235 00:32:18,410 --> 00:32:29,680 but backing investors, helping to match funding or underwrite funding that comes from the private sector. 236 00:32:29,680 --> 00:32:38,090 Can we explore a little bit more of the public sphere and let's start at the local level? 237 00:32:38,090 --> 00:32:44,480 Can can you just describe the relationship between the organisation that you run, 238 00:32:44,480 --> 00:32:54,870 namely the regional authority and the city and how well this structure functions and how much of 239 00:32:54,870 --> 00:33:03,910 the agreement and consensus that exists between the different bodies in the South Yorkshire? 240 00:33:03,910 --> 00:33:11,200 The mayoral combined authority, it is an economic body, and it was created along a lot, obviously, 241 00:33:11,200 --> 00:33:23,630 along with the others that have been doing this now 10 in England were created on the basis that. 242 00:33:23,630 --> 00:33:33,630 To have the opportunity to to change and innovate and develop economies that could have an impact not just for the benefit of the region, 243 00:33:33,630 --> 00:33:38,510 that that could be competitive on a national and international scale. 244 00:33:38,510 --> 00:33:47,480 We have to give these things scale. Dealing only at a low, complex level simply doesn't have that scale. 245 00:33:47,480 --> 00:33:56,510 Simply can't bring it together sufficient of economic levers required to make change 246 00:33:56,510 --> 00:34:05,210 happen and to unlock opportunity and competitiveness that's required to move us on. 247 00:34:05,210 --> 00:34:11,210 And that's that's the reason combined authorities were created, 248 00:34:11,210 --> 00:34:23,390 led by directly elected mayors whose responsibility was to understand and develop policy at that racial economic level. 249 00:34:23,390 --> 00:34:34,730 The role within those mayoral combined authorities or of individual places of individual local authorities as representing those places is key. 250 00:34:34,730 --> 00:34:44,080 And in articulating and expressing the needs, the identities, the development of purpose. 251 00:34:44,080 --> 00:34:54,860 And on articulating the prime capabilities, both current and future of those local places. 252 00:34:54,860 --> 00:35:04,360 There is a. An evolution required to mature those relationships. 253 00:35:04,360 --> 00:35:10,710 It is in the nature of politics, certainly in this country. 254 00:35:10,710 --> 00:35:21,660 Which tends to and which tends to fall into the trap of applying a zero sum game. 255 00:35:21,660 --> 00:35:29,150 That there there must be an exclusive winner and loser. 256 00:35:29,150 --> 00:35:41,120 And. The risk to the relationship between a combined authority and the individual local authorities that we fall into that trap. 257 00:35:41,120 --> 00:35:47,790 Instead of seeing what we should see as we mature those relationships. 258 00:35:47,790 --> 00:35:54,010 Is that what you're actually describing, essentially layers of an onion? 259 00:35:54,010 --> 00:36:07,070 So we see at a strategic level. What needs to happen to make a functioning, productive economy at a regional level? 260 00:36:07,070 --> 00:36:17,600 Cheney, any particular application to low code bases in local communities that were able at a different level layer of the onion, 261 00:36:17,600 --> 00:36:26,280 articulate those and meld them. So if I have to give you one example of this. 262 00:36:26,280 --> 00:36:35,940 Where we've been working on this in South Yorkshire. Is I've given you the story of growth that we want to see. 263 00:36:35,940 --> 00:36:43,040 But it's equally important in a South Yorkshire context, the individual places in South Yorkshire. 264 00:36:43,040 --> 00:36:49,940 And that they want to see this growth lead to greater levels of inclusivity. 265 00:36:49,940 --> 00:36:59,590 It is not growth at any cost. It is not growth that leads to greater disparity, greater and greater disparities of wealth. 266 00:36:59,590 --> 00:37:05,500 Between those who benefit from the growth and those who don't. 267 00:37:05,500 --> 00:37:10,060 That the common parlance for this is about good growth. 268 00:37:10,060 --> 00:37:16,390 It's about seeing growth where the where those who are least able to access that opportunity 269 00:37:16,390 --> 00:37:24,440 and giving given the opportunity and helped and assisted to access that opportunity. 270 00:37:24,440 --> 00:37:36,170 Which is it about investing in their life opportunities? It's about the practicalities of a skills system that works for those who are accessing it, 271 00:37:36,170 --> 00:37:44,290 not simply for those who are imparting the knowledge and and and with the providers of the skills. 272 00:37:44,290 --> 00:37:53,840 It's about having a transport system. That is both sustainable from an economic and environmental point of view, 273 00:37:53,840 --> 00:38:04,700 but enables people who are in the most disadvantaged communities who are also incidentally in 274 00:38:04,700 --> 00:38:09,530 in those communities that are most isolated because they are generally in the coalfields, 275 00:38:09,530 --> 00:38:21,380 though generally in what was previously coal fields, towns which are primarily in in rural areas. 276 00:38:21,380 --> 00:38:33,440 It's being able to help those communities access decent, reliable, affordable, sustainable transport to get to where the clusters are happening, 277 00:38:33,440 --> 00:38:41,860 to get where the jobs are, to get to the colleges and to the universities to access further and higher education. 278 00:38:41,860 --> 00:38:50,800 So being able to marry where we're taking the economy, where we're growing businesses, where we're growing close to, 279 00:38:50,800 --> 00:38:59,320 where we're where we're developing skills, colleges and other forms of further and higher education. 280 00:38:59,320 --> 00:39:06,920 But ensuring that those who need to benefit from those opportunities do. 281 00:39:06,920 --> 00:39:15,710 And that isn't just about providing those people with life opportunities is all clearly that's massive drive. 282 00:39:15,710 --> 00:39:26,960 It's also about lifting that prosperity gap. So if we want urban centres that are then themselves prosperous that bring the right 283 00:39:26,960 --> 00:39:35,990 range of retail off the right range of leisure off of the right ancillary opportunities. 284 00:39:35,990 --> 00:39:38,840 Then we have to put money in people's pockets. 285 00:39:38,840 --> 00:39:50,610 We have to be able to provide opportunities that don't lead lead to high levels of in-work poverty, which is what we suffer from at the moment. 286 00:39:50,610 --> 00:39:55,650 To actually give people career grades to actually provide opportunities for their future so that 287 00:39:55,650 --> 00:40:05,030 they can grow because those that don't get the realisation that prosperity feeds into the economy. 288 00:40:05,030 --> 00:40:09,030 And it becomes in itself so self-sustaining. 289 00:40:09,030 --> 00:40:18,030 And that's the that's the happy place we need to get to and who who do you think should be leading what you were 290 00:40:18,030 --> 00:40:27,510 just describing it as the creation of a sense of purpose of common purpose amongst different people or return, 291 00:40:27,510 --> 00:40:34,020 as you were saying at the beginning, to a sense of identity and a sense of the importance of place. 292 00:40:34,020 --> 00:40:39,960 Who should be driving this forward? Oh, for me. 293 00:40:39,960 --> 00:40:48,570 We have to see this as dispersed leadership. We have to see this as requiring energy throughout throughout. 294 00:40:48,570 --> 00:40:59,040 Of course, there has to be leadership from from our political leadership in the in the Met and in the individual councils. 295 00:40:59,040 --> 00:41:08,890 There has to be leadership from our civic institutions in the form of our universities, our colleges and other institutions. 296 00:41:08,890 --> 00:41:15,120 But there also has to be community leadership. There has to be bottom drive that has to be belief. 297 00:41:15,120 --> 00:41:25,150 There has to be buying. There has to be that this has to represent the needs and interests, views and aspirations of our communities. 298 00:41:25,150 --> 00:41:28,570 And and it's only when we meld those together, 299 00:41:28,570 --> 00:41:38,380 we create the confidence in those communities that they feel they want to engage and in engaging that we are listening and embracing their views, 300 00:41:38,380 --> 00:41:42,560 needs and opportunities when we bring it together. 301 00:41:42,560 --> 00:41:50,350 And I think at this stage of gestation where we are, a lot of that leadership is coming from, 302 00:41:50,350 --> 00:41:55,750 from the political institutions and from our civic institutions. 303 00:41:55,750 --> 00:42:00,430 And we're beginning to talk and understand and engage with our communities through that, 304 00:42:00,430 --> 00:42:11,170 through those political leadership to begin to to to begin to again that the other element for me is businesses themselves. 305 00:42:11,170 --> 00:42:25,390 They and from my perspective. Local enterprise partnerships, which were formed by the coalition government back in 2010 11. 306 00:42:25,390 --> 00:42:39,310 Which at that stage were simply the amalgamation of business representatives along with local councils to represent and give a voice to 307 00:42:39,310 --> 00:42:48,050 business have developed a great deal since then and they've had a checkered history and they worked in some places and not in others. 308 00:42:48,050 --> 00:42:55,720 And as is inevitable with any new ideas. Speaking from my own experience in South Yorkshire. 309 00:42:55,720 --> 00:43:04,150 The local enterprise partnership, as this source of a partnership between the local authorities, 310 00:43:04,150 --> 00:43:11,060 the mayor and and the business representation has worked incredibly well. 311 00:43:11,060 --> 00:43:19,670 And the articulation of our economic priorities that was probably very poorly 312 00:43:19,670 --> 00:43:27,520 articulated here before is captured in what we call our strategic economic plan. 313 00:43:27,520 --> 00:43:35,470 And that was borne out of two years of really hard work led by the private sector, 314 00:43:35,470 --> 00:43:42,610 supported by the public institutions and the councils and the universities, 315 00:43:42,610 --> 00:43:50,370 the colleges and others that became this article, articulation of innovation led growth. 316 00:43:50,370 --> 00:44:04,190 And where we broke through the barrier of seeing the poles of creating wealth for wealth that captured in an inclusive growth strategy. 317 00:44:04,190 --> 00:44:07,820 So business is a key elements of this, 318 00:44:07,820 --> 00:44:17,700 but it has to recognise that it can only be accessible in its partnership and its relationship with these other civic and public institutions. 319 00:44:17,700 --> 00:44:21,140 And are you getting the right support from central government? 320 00:44:21,140 --> 00:44:30,210 We've heard, as I said at the beginning 60 years of failed regional economic policies in this country, are they getting it right this time? 321 00:44:30,210 --> 00:44:32,910 He's stuttering early stuttering, 322 00:44:32,910 --> 00:44:50,640 and they I think it was it was an incredibly important step that the government took to introduce the idea of devolution to two English regions and. 323 00:44:50,640 --> 00:45:02,090 And to create mayoral combined authorities. And I welcome that move, and I say that as somebody who was not convinced. 324 00:45:02,090 --> 00:45:08,970 That it was the right move at the time, very concerned about the whole issue of morality from the point of view, 325 00:45:08,970 --> 00:45:18,630 what was this about the calls of sort of individual leadership rather than institutionally the leadership? 326 00:45:18,630 --> 00:45:23,400 But I have to say I am a convert to this. 327 00:45:23,400 --> 00:45:29,070 I am a convert to the opportunity that it creates. 328 00:45:29,070 --> 00:45:34,030 However, the government's lost its way on devolution. 329 00:45:34,030 --> 00:45:47,920 And has been has has drawn back to what I was going to say is drawn back to a West Westminster model where it decides policy, 330 00:45:47,920 --> 00:45:58,750 but in some ways it's worse than that. It's drawn back to a model where it asks us to say what we need to say, what the solutions are. 331 00:45:58,750 --> 00:46:03,380 Then it marks our homework and tells us whether we got it right or not. 332 00:46:03,380 --> 00:46:07,620 And that can't be right. That can't be right. 333 00:46:07,620 --> 00:46:15,970 You can't make a judgement about what's right for South Yorkshire through all that Westminster lens. 334 00:46:15,970 --> 00:46:20,030 You know, London is a fantastic economy. 335 00:46:20,030 --> 00:46:33,990 It is total phenomenal amounts of great and indeed will be, as I think, as an economy in the UK, we'll be in a mess without London's role. 336 00:46:33,990 --> 00:46:39,450 But we have to recognise and the government has to recognise it's not sustainable. 337 00:46:39,450 --> 00:46:46,860 The enigma any economist will tell you that the fact that the increase in 338 00:46:46,860 --> 00:46:54,940 monopolistic dependency on London will ultimately lead to a market correction. 339 00:46:54,940 --> 00:47:01,570 And when so much of the economy is vested in one place on one set of institutions, 340 00:47:01,570 --> 00:47:13,130 when that when that correction codes, it comes in the form of huge problems of the like we saw in 2008. 341 00:47:13,130 --> 00:47:18,260 So for me, we have to see that change, of course. 342 00:47:18,260 --> 00:47:28,030 I'm welcoming the the whole opportunity that the levelling up agenda is meant to bring with those. 343 00:47:28,030 --> 00:47:37,690 Disappointed with the outcome of the spending review, which didn't seem to me to represent a real investment in levelling of. 344 00:47:37,690 --> 00:47:46,440 But hopeful that the white paper on levelling up will bring bring back some of that recognition. 345 00:47:46,440 --> 00:47:55,900 Around the real true opportunity of devolution, which is not all solutions were going to be the thought of or delivered tomorrow. 346 00:47:55,900 --> 00:48:01,180 But that would really embrace that desire. 347 00:48:01,180 --> 00:48:14,500 The coat that came with mayoral combined authorities, I'm bringing the institutions that came with that together about the the the wish to bring 348 00:48:14,500 --> 00:48:22,960 accountability and responsibility in decision making to a local level that respects in place, 349 00:48:22,960 --> 00:48:28,450 but understood the levers of what needed to change to change the economy. 350 00:48:28,450 --> 00:48:36,220 And I really sincerely hope. The levelling up white paper will begin to. 351 00:48:36,220 --> 00:48:51,490 Move back into that space again. One final question before we throw it open to Q&A, if you were here at the session last week on skills formation, 352 00:48:51,490 --> 00:49:00,040 what would you have said was particularly important in that regard in the South Yorkshire region? 353 00:49:00,040 --> 00:49:08,520 Well, I begin by a quote, I'm I, I belong to the Dolly Parton School of Philosophy. 354 00:49:08,520 --> 00:49:15,160 And Dolly Parton said, no, here you are and do it on purpose. 355 00:49:15,160 --> 00:49:27,690 And I absolutely fundamentally believe that that driving change in the economy and understanding how to upskill 356 00:49:27,690 --> 00:49:38,040 the workforce is about grasping that philosophy is about saying we understand at least within the next period, 357 00:49:38,040 --> 00:49:50,280 what's our prime capabilities are and we understand subjecting and the right public policy, the right relationship with the private sector and so on. 358 00:49:50,280 --> 00:50:01,490 How to unlock that capability. But in order to realise it, we have to galvanise a skill system. 359 00:50:01,490 --> 00:50:09,530 That begins from the point of view of some of the of the actual and potential 360 00:50:09,530 --> 00:50:18,150 uses of that skill system that that takes them on a pathway from where they are. 361 00:50:18,150 --> 00:50:24,480 To access the jobs and opportunity that will be unlocked through this process. 362 00:50:24,480 --> 00:50:36,300 So much of our skill system. Is siloed around a set of arrangements, that's it, governed partly by the economy of skills, 363 00:50:36,300 --> 00:50:46,310 so where the money goes and partly by the institutions that occupy the skills landscape. 364 00:50:46,310 --> 00:50:54,370 It is an incredibly. Complex sets of institutional arrangements. 365 00:50:54,370 --> 00:51:01,670 That even those who are steeped in it struggle to understand and make sense of. 366 00:51:01,670 --> 00:51:08,940 So if you are. And an 18 year old. 367 00:51:08,940 --> 00:51:12,650 Engulfed in Barnsley. 368 00:51:12,650 --> 00:51:24,890 Looking to move into the development of a set of skills that take you from level two to level three and three level three to level four, 369 00:51:24,890 --> 00:51:30,580 you cannot plan in a single straightforward pathway. 370 00:51:30,580 --> 00:51:39,700 How to get there. You have to go through various side roles, some of which are cul de sacs, 371 00:51:39,700 --> 00:51:44,080 come back on the road, go John overcome a hole, go down a different side road. 372 00:51:44,080 --> 00:51:52,030 Come out. Go back. Sometimes take three steps back again and move forward four steps. 373 00:51:52,030 --> 00:51:58,600 Are we really, really giving those people a chance? 374 00:51:58,600 --> 00:52:05,430 At the other end of the spectrum. We have fantastically clever. 375 00:52:05,430 --> 00:52:16,490 Undergraduate and postgraduate is working on universities who were inventing phenomenal I-Pace. 376 00:52:16,490 --> 00:52:26,130 Just consider how much of that we just simply lose, not just to the universities or not just to our region, but probably to the UK. 377 00:52:26,130 --> 00:52:32,660 Because we haven't got a system that supports them, finance being one of them. 378 00:52:32,660 --> 00:52:43,920 But real advisers, real angel investors, real systems and processes of successful business people. 379 00:52:43,920 --> 00:52:55,650 That can help those very clever people unlock those ideas to become the enterprises of tomorrow. 380 00:52:55,650 --> 00:53:07,320 So at every level of the spectrum in our schools, we have to begin from asking ourselves some fundamental questions about about about the uses of our 381 00:53:07,320 --> 00:53:15,450 system and how we rarely unlock that potential rather than beginning from where our providers are. 382 00:53:15,450 --> 00:53:31,480 Great. Thank you very much indeed. Let me now throw it open to questions and would like to start. 383 00:53:31,480 --> 00:53:37,360 Hello, thank you for that, I was going to ask you this idea, you said you've been a convert. 384 00:53:37,360 --> 00:53:45,340 Obviously, you've worked in local authorities, in big cities, in different roles. Now you're working in a combined city region authority. 385 00:53:45,340 --> 00:53:50,620 What are the areas of your conversion from your experience, not just ideas, but from your actual experience? 386 00:53:50,620 --> 00:53:56,230 What are the advantages that you perceive from this kind of model, 387 00:53:56,230 --> 00:54:04,930 either over and above or in addition to or complementary to the more Orthodox local government system as you as you've worked from? 388 00:54:04,930 --> 00:54:16,300 Thank you. Hmm. The first big difference is is simply the convening power, the man. 389 00:54:16,300 --> 00:54:23,210 The ability of a morality. To bring together. 390 00:54:23,210 --> 00:54:33,300 And. The interests of of the interest groups across a place like South Yorkshire. 391 00:54:33,300 --> 00:54:42,860 And to begin to build alliances that previously weren't there, both in the public and on the private sector. 392 00:54:42,860 --> 00:54:48,620 And that hasn't existed in that way ever before. 393 00:54:48,620 --> 00:54:56,780 And I've seen the power of that. I saw that in action during the pandemic. 394 00:54:56,780 --> 00:55:10,380 Where, where? The impacts of the pandemic were felt by every private and public institution in South Yorkshire, as it was everywhere else. 395 00:55:10,380 --> 00:55:22,440 But the mayor had such an influence. As to help those bodies to transcend just simply addressing their own institutional challenges, 396 00:55:22,440 --> 00:55:28,510 to seeing how this was affecting the whole of South Yorkshire. 397 00:55:28,510 --> 00:55:33,100 And to put in place a recovery plan. 398 00:55:33,100 --> 00:55:43,980 So, yes, good benefits every institution, but would absolutely benefit the economy and the communities of South Yorkshire. 399 00:55:43,980 --> 00:55:53,810 And that was phenomenal to see that happen, to see that happen in the teeth of a storm where we were all struggling with all those challenges, 400 00:55:53,810 --> 00:56:00,400 so easy for us to turn inwards to our own institutions and identify the. 401 00:56:00,400 --> 00:56:07,220 The second one is is the is the is the creation of a narrative. 402 00:56:07,220 --> 00:56:17,790 Is the ability to begin to articulate the sum total of our aspirations that the people can recognise? 403 00:56:17,790 --> 00:56:25,280 There is an aspirational in the sense of being so far left field that nobody can connect with it. 404 00:56:25,280 --> 00:56:27,730 But what is challenging, 405 00:56:27,730 --> 00:56:38,390 but it's rooted in in the experiences of the people and institutions and communities and businesses that are already in South Yorkshire. 406 00:56:38,390 --> 00:56:47,060 That's a very, very powerful weapon. The third and final one that I'm drawing from experience. 407 00:56:47,060 --> 00:56:57,460 Is the ability is the ability to have real influence on government policy and and attitude. 408 00:56:57,460 --> 00:57:06,300 So making kind of connexion with senior politicians in government to influence their thinking. 409 00:57:06,300 --> 00:57:12,470 Both on an ideas level, but also on a very practical level. 410 00:57:12,470 --> 00:57:16,340 So if I take if I take the current mayor. 411 00:57:16,340 --> 00:57:25,630 Literally doing deals with government and saying, we want to bring this business, this business wants to come to South Yorkshire. 412 00:57:25,630 --> 00:57:31,030 We will put some resources in, we will invest in this business opportunity. 413 00:57:31,030 --> 00:57:38,180 What to make it work, we need you to commit to this to. And if we do it together well. 414 00:57:38,180 --> 00:57:45,520 Well, that's really challenging, not really breaking down barriers, that's really introducing new methods, 415 00:57:45,520 --> 00:57:56,780 ways of working and and and doing that is creates real enablement from my point of view, so that those would be my examples. 416 00:57:56,780 --> 00:58:09,800 Thank you. I think there's a question here. Let me just remind you online to put your questions in the Zoom Q&A. 417 00:58:09,800 --> 00:58:12,140 Yeah, thank you very much. On the back of that, actually, 418 00:58:12,140 --> 00:58:19,400 I was wondering if you could talk a bit about where you think evolution needs to go next and not just in terms of local level, 419 00:58:19,400 --> 00:58:23,810 but also a national level because they have been talking about some ideas floated 420 00:58:23,810 --> 00:58:28,790 about possible replacement of the hybrid model to the whole regions or something. 421 00:58:28,790 --> 00:58:33,620 I wonder what you thought are also on the agenda. 422 00:58:33,620 --> 00:58:37,730 I was wondering if you can tell us what your experience your experience has been so 423 00:58:37,730 --> 00:58:46,530 far of the government consulting local authorities on the forthcoming white paper. 424 00:58:46,530 --> 00:59:04,010 On the first elements of that, I think the. I think we have to understand evolution and really start to embrace. 425 00:59:04,010 --> 00:59:12,530 The principle of decisions being made at the lowest appropriate level. 426 00:59:12,530 --> 00:59:22,600 So that question of ensuring. That we are mature enough in our public policy and not our politics. 427 00:59:22,600 --> 00:59:33,500 And the people not only will make decisions at the local level, but will stand accountable and responsible for those decisions. 428 00:59:33,500 --> 00:59:44,040 If we truly to embrace the. And then the natural follow on is that the mechanics of achieving that would follow. 429 00:59:44,040 --> 00:59:50,800 So that so that that would be properly devolved powers and finances. 430 00:59:50,800 --> 00:59:57,220 And to a local level for which local politician would have to account both in taxation terms 431 00:59:57,220 --> 01:00:04,800 and in expenditure terms to the local population for the decisions that they are making. 432 01:00:04,800 --> 01:00:09,750 At the moment, we are locked into a. 433 01:00:09,750 --> 01:00:14,280 Well, I would describe as a parent child relationship, 434 01:00:14,280 --> 01:00:20,130 and depending on the nature of the politics and and the environments in seconds and the top time, 435 01:00:20,130 --> 01:00:30,840 it's either punitive parent with a difficult child or a forgiving parent with an with an accommodating child. 436 01:00:30,840 --> 01:00:37,180 And that dynamic varies over time, but it hasn't really changed the relationship. 437 01:00:37,180 --> 01:00:37,720 And really, 438 01:00:37,720 --> 01:00:50,750 what we've got to get to is a much more adult to adult conversation where where the accountability of a measure of local public institutions is not 439 01:00:50,750 --> 01:01:03,080 back to parliament is not to administer it to the public or South Yorkshire for a properly ascribed and devolved powers and funding and taxation. 440 01:01:03,080 --> 01:01:12,640 We are a long way from achieving the. But that for me would be about bracing, embracing. 441 01:01:12,640 --> 01:01:19,660 Devolution could. Can I just follow up on that in asking? 442 01:01:19,660 --> 01:01:25,900 To what extent do you think giving central government the confidence to do that 443 01:01:25,900 --> 01:01:32,110 depends on increasing the skill base of people in local and regional government? 444 01:01:32,110 --> 01:01:39,550 Or do you think it already exists and that that that trust and confidence should already exist in central? 445 01:01:39,550 --> 01:01:50,890 I think and its core elements, it already exists. I think I think what, of course, is lads is experience doing it is. 446 01:01:50,890 --> 01:01:55,760 And they are. But what if you understand? 447 01:01:55,760 --> 01:02:01,640 You know, you can't, you can't teach experience experience exists. 448 01:02:01,640 --> 01:02:08,450 If we really embraced the idea and recognised skills exist or experienced Tucson, 449 01:02:08,450 --> 01:02:15,100 then of course you overcome those risks by deploying experienced people. 450 01:02:15,100 --> 01:02:25,060 Into local areas so that their accountability is to the local area to provide and support local politicians who were 451 01:02:25,060 --> 01:02:32,200 ultimately accountable to reach the right decisions and to be responsible and accountable for those decisions. 452 01:02:32,200 --> 01:02:35,890 So the child can only get the experience once the parent lets go. 453 01:02:35,890 --> 01:02:48,890 And that's exactly exactly so. Thank you. 454 01:02:48,890 --> 01:02:57,500 The point that you made about. The burden of proof that Darwin was on the rise and so on. 455 01:02:57,500 --> 01:03:04,370 So how do you balance today investing in kind of new industries that may be gone tomorrow? 456 01:03:04,370 --> 01:03:10,610 How do you invest in resilience? That's the key. So what happened years ago would not happen again, for example, 457 01:03:10,610 --> 01:03:14,600 with the introduction of artificial intelligence, the change with the job market and so on, 458 01:03:14,600 --> 01:03:19,460 so that the community and the region is resilient and is able to adapt to the 459 01:03:19,460 --> 01:03:26,730 changing markets rather than go through what what it had gone through before. 460 01:03:26,730 --> 01:03:38,690 I think the key to this is actually one of the words you said, it's about the adaptability, the skills that we generate for people so and so. 461 01:03:38,690 --> 01:03:44,780 The economy, the economy is weak as far as we can predict it is going to lead to further change 462 01:03:44,780 --> 01:03:51,770 is going to lead to increasingly increasing drives around knowledge based services. 463 01:03:51,770 --> 01:03:59,960 And the challenge, particularly those for those with the least skills and those furthest away from the opportunity 464 01:03:59,960 --> 01:04:08,030 is that they they are they are the most vulnerable in terms of the sorts of industries, 465 01:04:08,030 --> 01:04:13,550 the entry level type of work that that's available to them. 466 01:04:13,550 --> 01:04:20,030 So the question for me is is in the nature of the skills that we provide to those people in their development so that 467 01:04:20,030 --> 01:04:32,000 that so that we are equipped with skills that are adaptable and adjustable to changing functions and and workplaces. 468 01:04:32,000 --> 01:04:38,540 We see this a lot already in and relatively well-educated young people. 469 01:04:38,540 --> 01:04:49,070 So I say this in my own mind, my own children who were in their late 20s, that they don't have the same loyalty to individual, 470 01:04:49,070 --> 01:04:55,170 an individual company or organisation that I would have had when I was young. 471 01:04:55,170 --> 01:05:03,850 Because they've got skills that they know are transferable into a number of different companies, sectors and industries. 472 01:05:03,850 --> 01:05:09,610 And we have to learn and adapt those lessons to those who are less skilled to 473 01:05:09,610 --> 01:05:14,150 create those same opportunities because the world of work is not going to be, 474 01:05:14,150 --> 01:05:22,000 you're go into a job when you leave school, all university and you're in the same organisation until you retire. 475 01:05:22,000 --> 01:05:26,500 And that's true whatever your level skill is. So adaptability is key for me. 476 01:05:26,500 --> 01:05:28,310 Absolutely key. 477 01:05:28,310 --> 01:05:39,670 And does that require us to rethink the nature of skill formation as a lifetime passport, which you could be continuously re-educated through? 478 01:05:39,670 --> 01:05:46,500 Most definitely. And it comes back to this pathway. OK. 479 01:05:46,500 --> 01:05:51,270 Thanks very much. Thank you very much. There's so many questions I'd like to ask, 480 01:05:51,270 --> 01:05:56,460 but I just think most profitable is to pursue a line of questioning that's already been there and it 481 01:05:56,460 --> 01:06:04,240 relates to the central concept of the until we get parity of esteem between central and local governments. 482 01:06:04,240 --> 01:06:14,590 We might never make real progress. And in that you've touched on this already, which is the whole issue of fiscal devolution. 483 01:06:14,590 --> 01:06:21,870 It I might have asked you another question about which powers with the mayor like that to his portfolio, and I suspect the answer. 484 01:06:21,870 --> 01:06:23,380 Any sensible bear would say. 485 01:06:23,380 --> 01:06:30,640 Not until you give me the resources, the resources, because all you're doing is transferring responsibility without the power. 486 01:06:30,640 --> 01:06:41,530 So at the heart of this and is a problem that we have and work, I'm involved with it with Philip and others is what model of fiscal devolution in a 487 01:06:41,530 --> 01:06:47,410 country that's so centralised will work without itself becoming part of the problem. 488 01:06:47,410 --> 01:06:55,370 And do you have such a model for the works in South Yorkshire, then it's something that will work anywhere, I suspect. 489 01:06:55,370 --> 01:06:59,730 No, I don't have the model. I wish it did. 490 01:06:59,730 --> 01:07:03,830 I see I see this far cleverer people than me. 491 01:07:03,830 --> 01:07:10,790 Maybe you need to work this out. But but but what I do see is that. 492 01:07:10,790 --> 01:07:15,500 And. We. 493 01:07:15,500 --> 01:07:27,100 We are saying and the local state as well as the central government, have to embrace the model but recognise there are going to be a series of steps. 494 01:07:27,100 --> 01:07:36,700 As we transfer responsibility, fiscal responsibility, and that works for both ways, you know, to be fair to any any government. 495 01:07:36,700 --> 01:07:48,140 One of the challenges, legitimate challenges that's been made of the north of England from a Westminster government is. 496 01:07:48,140 --> 01:07:54,630 And that at the moment. We want the money. 497 01:07:54,630 --> 01:07:58,870 But the politicians locally don't want, don't want government says, 498 01:07:58,870 --> 01:08:06,420 don't want to be held responsible in the electorate for having taxation to take to access that money. 499 01:08:06,420 --> 01:08:12,960 So the government argues, you know that that they're taking the decisions to tax. 500 01:08:12,960 --> 01:08:20,790 So, so facing the electorate on that level, one local government wants to spend the money. 501 01:08:20,790 --> 01:08:27,810 Well, obviously the answer for local government is you don't give us the opportunity to play both roles. 502 01:08:27,810 --> 01:08:37,830 So the real opportunity is to incrementally shift that responsibility in the same sensible way that you would do it about layers of decision-making, 503 01:08:37,830 --> 01:08:43,170 about what's appropriate to tax and spend locally, 504 01:08:43,170 --> 01:08:47,070 but shift the power shift the power of responsibility so, 505 01:08:47,070 --> 01:08:56,160 so so that local politicians are responsible and do have to account to the electorate for the local taxation and local decision making. 506 01:08:56,160 --> 01:09:11,130 And I think just simply doing that would do much to grow experience and and the level of the relationship between central and local government. 507 01:09:11,130 --> 01:09:18,730 Do you want to come back, Vincent, and there's another question. 508 01:09:18,730 --> 01:09:26,760 I suspect. I mean, it's complex and the work we've done, we actually that's with the UK 2070 Commission, 509 01:09:26,760 --> 01:09:36,930 we actually decided it would be wrong for us to come up with the preferred solution because it was so complex and we were trying to budget, 510 01:09:36,930 --> 01:09:44,150 but we felt that there needed to be a collective conversation nationally about how that is done. 511 01:09:44,150 --> 01:09:52,250 And that she didn't take so long. We talked about whether it should be royal commission and the advice of our chair was don't go down that line. 512 01:09:52,250 --> 01:09:56,520 We should bring the people together and we actually thought we could do it in a year with the right people 513 01:09:56,520 --> 01:10:03,110 around the table because there's so much knowledge there and there's so much experience naturally. 514 01:10:03,110 --> 01:10:10,330 And I actually worked in Scotland a long time with Strathclyde Regional Council. 515 01:10:10,330 --> 01:10:13,700 And that experience for me. 516 01:10:13,700 --> 01:10:25,250 Demonstrated that actually local government can act at scale responsibly, in fact acted so responsibly that the last in its last throes, 517 01:10:25,250 --> 01:10:31,860 the central government tried to get it to set an illegal budget so they can say that's why we're getting rid of it. 518 01:10:31,860 --> 01:10:36,890 And she understood the fiscal rules better the Treasury and avoided having to do that. 519 01:10:36,890 --> 01:10:44,210 But what I'm saying is that people talk about lack of trust because they can't do it. 520 01:10:44,210 --> 01:10:48,860 My experience is actually starting from nothing in Strathclyde. 521 01:10:48,860 --> 01:10:57,040 They created a very powerful response. In fact, it was so powerful is possible, said the government wanted to get rid of it. 522 01:10:57,040 --> 01:11:09,280 As the first thing, the second thing is on this is the thing is actually just being very clear about this issue. 523 01:11:09,280 --> 01:11:12,370 And you talk about incremental and I don't disagree. 524 01:11:12,370 --> 01:11:19,060 You have far more experience than I do of this, but I just think on some things we actually need to have see changes. 525 01:11:19,060 --> 01:11:23,860 You can't do it incrementally. There needs to be something. 526 01:11:23,860 --> 01:11:35,650 And that's something which obviously I would like to explore further because I just feel that we've got to a point that we need change. 527 01:11:35,650 --> 01:11:42,490 I saw it in local government when you started, I think we had 40 per cent control of money when you could put money on the table. 528 01:11:42,490 --> 01:11:46,510 It changed the whole dynamic of the conversations it does. 529 01:11:46,510 --> 01:11:55,610 And I think the other thing that you've not touched on in terms of, I go along with everything you said about that convening power. 530 01:11:55,610 --> 01:12:03,140 As being absolutely critical and having a voice for that region, which even though those hysterical arguments are going on, 531 01:12:03,140 --> 01:12:11,720 the need always will do is actually the importance of dealing at that scale. 532 01:12:11,720 --> 01:12:17,360 You could actually deal with destructive issues within it. 533 01:12:17,360 --> 01:12:21,680 Without it in a way that's managed and not sure you can deal with the issues of 534 01:12:21,680 --> 01:12:27,380 Barnsley and there are some real issues of geography of equality within your area, 535 01:12:27,380 --> 01:12:34,200 which are different to those of Manchester. And it's not a criticism, it's just a fact. 536 01:12:34,200 --> 01:12:38,420 And you could you can deal with those in a way no one else can. 537 01:12:38,420 --> 01:12:46,400 It's usually the that's underestimated in terms of the value that the mayor, a mayor or complex can bring to it. 538 01:12:46,400 --> 01:12:56,540 I agree with all your points and certainly how you and Rob unpack fiscal devolution and. 539 01:12:56,540 --> 01:13:00,950 Is it will rest in understanding the detail and planning? 540 01:13:00,950 --> 01:13:08,900 So the idea of a national conversation and I think is an incredibly positive one. 541 01:13:08,900 --> 01:13:14,570 So long as the principles, what we're seeking to do have been agreed and there is a consensus. 542 01:13:14,570 --> 01:13:22,280 Otherwise, it become a very dysfunctional conversation with the detailed mechanics of the thing that we then have to lead onto. 543 01:13:22,280 --> 01:13:27,080 So it's done in a measured way. Maybe some of it is a sea change. 544 01:13:27,080 --> 01:13:32,370 Maybe some of it's incremental, but we'll only know that when we begin to. 545 01:13:32,370 --> 01:13:36,690 Begin to impact the details of it and which should be the basis of a conversation, 546 01:13:36,690 --> 01:13:48,310 but at the moment it feels like we can't get beyond BACE1 one, which is do we really are we really collectively embracing the devolution? 547 01:13:48,310 --> 01:13:53,880 Go to question a man. This is Ian Taylor from the of ethnic school. 548 01:13:53,880 --> 01:14:02,070 What do you think about the mayoral development corporations as an instrument to stimulate development? 549 01:14:02,070 --> 01:14:15,270 It's an important model, but that's what it is, it's a it's a means of focussing resource people expertise, 550 01:14:15,270 --> 01:14:26,260 finance in the development of certain types of land and property areas. 551 01:14:26,260 --> 01:14:29,920 But but I wouldn't get carried away with it. 552 01:14:29,920 --> 01:14:41,090 The real challenge in a witness and we've seen this over the years, different models being brought forward by in different public policy iterations. 553 01:14:41,090 --> 01:14:48,720 If they quickly become the latest God to pray to. As though the answer to the problem. 554 01:14:48,720 --> 01:14:52,410 Rather than being an answer to certain problems, 555 01:14:52,410 --> 01:15:02,370 so understanding where the benefits of those things come in is really is really the critical issue about deciding when to deploy them, 556 01:15:02,370 --> 01:15:06,720 but also understanding when not to when another another infrastructure. 557 01:15:06,720 --> 01:15:12,570 Our fiscal model would better suit the needs of a community or a or a problem solving issue. 558 01:15:12,570 --> 01:15:16,650 So there are brilliant piece of the armoury in themselves. 559 01:15:16,650 --> 01:15:24,320 That's what they are. Question on online. 560 01:15:24,320 --> 01:15:33,530 This is from Adam Swallow. He says the role of regions in industrial policy setting be via semi-skilled political leadership. 561 01:15:33,530 --> 01:15:39,020 Where is the balance? Could you just repeat the question, so I think I missed that. 562 01:15:39,020 --> 01:15:47,770 So the role of regions in industrial policy setting via be via SMS or political leadership? 563 01:15:47,770 --> 01:15:52,770 I think it's fair to say OK, should it? Yeah. Where is the balance? 564 01:15:52,770 --> 01:16:06,690 Oh, I think I think I think the balances and that we draw, we need to draw on the experience of our armies and. 565 01:16:06,690 --> 01:16:14,130 They the lessons learnt and their intentions and aspirations as businesses. 566 01:16:14,130 --> 01:16:23,010 But that has to be then interpreted in terms of how that might benefit the economy overall. 567 01:16:23,010 --> 01:16:27,360 So so it's more than the sum of the parts. 568 01:16:27,360 --> 01:16:31,950 So the contribution provides and provides the core of a narrative, 569 01:16:31,950 --> 01:16:39,450 but that has to be overlaid with a sense of direction and purpose for places 570 01:16:39,450 --> 01:16:45,540 that are above and beyond the experiences and interests of individual Acehnese. 571 01:16:45,540 --> 01:16:47,430 So there is a role for both. 572 01:16:47,430 --> 01:16:57,750 But there's an overlapping role in terms of place at the end of the day has to be the driver because only in place will we create the confidence, 573 01:16:57,750 --> 01:17:03,510 the energy and the direction against which ultimately A.M.E. can thrive in terms 574 01:17:03,510 --> 01:17:11,260 of its opportunity to workforce its opportunity to its to the in the place. 575 01:17:11,260 --> 01:17:15,070 Question, though. Hello. 576 01:17:15,070 --> 01:17:20,050 Thank you very much for the interesting ideas you talked about, 577 01:17:20,050 --> 01:17:32,350 people knowing what they're there for and narrative and in-jokes about Sheffield and steel and materials is the pitch for Sheffield. 578 01:17:32,350 --> 01:17:37,660 Is there an elevator pitch for Sheffield, which is now mostly about materials? 579 01:17:37,660 --> 01:17:47,080 And maybe, maybe somewhat related to another question about your ideas about how to develop and get to a happy place? 580 01:17:47,080 --> 01:17:54,400 Is there another set of cities that you look to as the examples of of success? 581 01:17:54,400 --> 01:18:01,770 I mean, do you look to Manchester, Preston, Colby or or other places abroad? 582 01:18:01,770 --> 01:18:05,790 And the answer is a second bite your question first. 583 01:18:05,790 --> 01:18:15,230 Yes, of course, we try to draw on the experiences of a range of places in the UK, but also internationally. 584 01:18:15,230 --> 01:18:16,430 The question, 585 01:18:16,430 --> 01:18:26,870 the question that we have to address for ourselves in the analysis of those places and their successes and where and where things have not 586 01:18:26,870 --> 01:18:38,900 worked is is to is to better understand their applicability to us in our circumstances because that's not always evident to start with. 587 01:18:38,900 --> 01:18:42,530 And that's where a lot of unpacking goes. 588 01:18:42,530 --> 01:18:54,020 But yes, in principle, yes, we do. And we find it is really interesting from our point of view that if I take one example, 589 01:18:54,020 --> 01:19:04,850 if I take a man's Manchester who are obviously further on in that journey of maturing by dint of that, they started much earlier. 590 01:19:04,850 --> 01:19:06,890 They they've evolved and so on, 591 01:19:06,890 --> 01:19:19,730 although still they would say a long way to go and how they matured is is a key lesson for us and one that we continue to have to learn. 592 01:19:19,730 --> 01:19:31,030 So for example, and it always strikes me that, of course, at the centre of the Greater Manchester Combined Authority is Manchester. 593 01:19:31,030 --> 01:19:38,430 And I think what Manchester got right. And was was really understanding. 594 01:19:38,430 --> 01:19:49,770 That's in order to be influential in the Greater Manchester economy, sometimes doing it to cede power to increase its influence. 595 01:19:49,770 --> 01:20:01,320 So it's not simply about the core city and controlling things and making the decisions is about the core city recognising the needs and aspirations 596 01:20:01,320 --> 01:20:09,900 and interests of the various towns and urban areas that were part of Greater Manchester and how their needs could be met and in change. 597 01:20:09,900 --> 01:20:23,250 How how Manchester City could enable those needs to be met for less mature places like like South South Yorkshire Mayoral Combined Authority. 598 01:20:23,250 --> 01:20:24,630 We're still learning that lesson. 599 01:20:24,630 --> 01:20:36,130 We're still learning how to how between the the big conservation of of of Sheffield, how he understands and relates to. 600 01:20:36,130 --> 01:20:43,710 And is energy dependent with the successes and challenges that are faced in the rest of South Yorkshire. 601 01:20:43,710 --> 01:20:49,740 So that's just one example where we needed to learn that lesson lesson, sorry, I've forgotten the first part of your question. 602 01:20:49,740 --> 01:20:53,700 I beg your pardon. It was basically what the elevator pitch for Sheffield. 603 01:20:53,700 --> 01:21:06,490 OK, so and our elevator pitch is essentially around, is around, is around the innovation in our core capability. 604 01:21:06,490 --> 01:21:11,430 So it's saying our history in South Yorkshire. 605 01:21:11,430 --> 01:21:19,860 Is around some key capabilities, which are principally in materials, energy. 606 01:21:19,860 --> 01:21:25,140 And manufacturing processes in health and well-being. 607 01:21:25,140 --> 01:21:31,140 And some elements of logistics. Those are our core competencies. 608 01:21:31,140 --> 01:21:38,670 But what we're doing in the fourth generation industrial revolution is innovating around those same 609 01:21:38,670 --> 01:21:45,630 capabilities that that that generated the wealth and prosperity in South Yorkshire in the first generation. 610 01:21:45,630 --> 01:21:54,760 That's our pitch. 611 01:21:54,760 --> 01:22:03,280 Thanks for the wonderful talk, and you spoke a lot about experience and just thinking about the private sector, you mentioned the SMEs a lot. 612 01:22:03,280 --> 01:22:08,440 And I'm wondering about if you are to bring those industries to scale. 613 01:22:08,440 --> 01:22:12,730 There's inevitably going to be the need for experience from larger companies, 614 01:22:12,730 --> 01:22:23,440 and I was struck by the fact that the idea of attracting large global companies to the region wasn't really discussed that much. 615 01:22:23,440 --> 01:22:31,750 I'm just curious, but you know, what are the opportunities there? What role is there any for collaboration with the central government there? 616 01:22:31,750 --> 01:22:42,400 Is there more active industrial policy required there? Because my sense is that in order for small and medium enterprises to thrive. 617 01:22:42,400 --> 01:22:46,990 Coming from where I come from Dublin, a lot of the companies that I see that are small companies, that's right. 618 01:22:46,990 --> 01:22:53,290 They came from people who left out all the people who left Google to people who left LinkedIn, Facebook, etc. 619 01:22:53,290 --> 01:22:58,640 And I'm wondering if that could be replicated in South Yorkshire. 620 01:22:58,640 --> 01:23:13,910 It is absolutely necessary and integral to our success to be able to attract businesses with scale and on an from on an international basis. 621 01:23:13,910 --> 01:23:19,790 We do some of that in this magnets effect I was explaining before. 622 01:23:19,790 --> 01:23:31,190 Through through the United States, the two universities. But we need to do it far better as a place, but also but also as a country. 623 01:23:31,190 --> 01:23:40,940 And I'll make a couple of observations that struck me from your comments that I think reinforce what you're saying. 624 01:23:40,940 --> 01:23:50,250 The the first one is that we're currently pretty dominated as we are in other areas of public policy. 625 01:23:50,250 --> 01:23:57,720 Bye bye bye, central government, principally food, I'd say in this context of inward investment. 626 01:23:57,720 --> 01:24:06,670 I'm the challenge and the challenge. I would make a do, it is it works on the basis of being placed a call, 627 01:24:06,670 --> 01:24:15,670 it refers to itself as being placed blind so that it won't enter into it, won't enter into a relationship with a company. 628 01:24:15,670 --> 01:24:22,400 He was looking for a he's looking to science in the UK. 629 01:24:22,400 --> 01:24:26,630 And the treaty won't encourage you to go to particular places. 630 01:24:26,630 --> 01:24:35,900 It plays neutral, neutral. Well, for me, from my perspective, in the context of the economy we have in England. 631 01:24:35,900 --> 01:24:48,930 That doesn't lead to a neutral outcome. It leads to increasing density of business in London and the southeast naturally, so for those businesses. 632 01:24:48,930 --> 01:24:54,850 So so you can't be placed blind. Here's my argument. 633 01:24:54,850 --> 01:24:59,680 So public policy at a national level needs to change, but it needs to. 634 01:24:59,680 --> 01:25:08,890 It needs to embrace a stronger narrative from the regions about capabilities. 635 01:25:08,890 --> 01:25:16,960 And what we have to do better and mature in is really describing where are what our capabilities are. 636 01:25:16,960 --> 01:25:23,750 And at our worst, what we do is claim to be capable of anything. 637 01:25:23,750 --> 01:25:29,030 Well, we're clearly not by any by any measure of evidence. 638 01:25:29,030 --> 01:25:41,710 So once you start to say what are our capabilities, it quickly becomes a normal thing instead of really being clear with ourselves what we do offer. 639 01:25:41,710 --> 01:25:49,210 Not my experience, I think I cited an example from previous roles for me when I was in Sunderland. 640 01:25:49,210 --> 01:25:55,930 It was a lot easier because our prime capability was was the automotive industry. 641 01:25:55,930 --> 01:26:01,300 We got a huge car plant called Nissan in Sunderland. 642 01:26:01,300 --> 01:26:09,710 And and a workforce that was massively productive. 643 01:26:09,710 --> 01:26:20,020 Not because it was the cheapest workforce that Nissan got anyway, because it clearly wasn't fake, but because it has such a low level of turnover. 644 01:26:20,020 --> 01:26:30,960 That that mitigated the effects of higher wages and increasing globally the most productive plant globally. 645 01:26:30,960 --> 01:26:37,490 So we have a prime capability that allowed us with Nissan's support. 646 01:26:37,490 --> 01:26:47,210 Two, when Nissan changed its global manufacturing policy and wanted to disperse much more of its 647 01:26:47,210 --> 01:26:54,670 capacity worldwide following following in the nuclear accident and then the tsunami in Japan, 648 01:26:54,670 --> 01:27:02,440 it changed its position to wanting to disperse. And we work with missile. 649 01:27:02,440 --> 01:27:07,540 About bringing two up to the plant in Sunderland. 650 01:27:07,540 --> 01:27:20,620 Much more of a supply chain. And we went up from in five years, we went up from to suppliers who were near Nissan to throw suppliers. 651 01:27:20,620 --> 01:27:32,000 And what we learn in that period is there is for the automotive industry, there is a hierarchy of needs a bit like Maslow's hierarchy. 652 01:27:32,000 --> 01:27:45,660 And understanding the hierarchy. Was what ultimately led to our ability to attract and retain those suppliers so that big industry? 653 01:27:45,660 --> 01:27:51,760 Now, of course, great, we could do that with one big, one big manufacturer. 654 01:27:51,760 --> 01:27:58,080 And in an environment in South Yorkshire, it's much more difficult to do when you don't have. 655 01:27:58,080 --> 01:28:03,030 One big manufacturer, oh, it won't be going in. 656 01:28:03,030 --> 01:28:12,330 So our ability to to describe those prime capabilities and then apply the hierarchy of needs 657 01:28:12,330 --> 01:28:18,840 that would attract and retain those potential investors is much more difficult to tell. 658 01:28:18,840 --> 01:28:27,810 But it is a problem we have to tackle because only when we do that will we really turn the aspiration into a land double a 659 01:28:27,810 --> 01:28:39,000 proposition from a from a footloose business that's looking anywhere in in the UK to to base to base its plan are already set out. 660 01:28:39,000 --> 01:28:52,420 That makes sense. Right, I'm afraid we're out of time, but I'm going to just very quickly use the church's prerogative to ask you a final question. 661 01:28:52,420 --> 01:28:58,450 Looking back in five or 10 years time, what would you most likely, 662 01:28:58,450 --> 01:29:06,380 what are the two things that you would most like to see in the South Yorkshire region around the. 663 01:29:06,380 --> 01:29:16,940 Oh, I think I think a population. Has retained its file, its core values. 664 01:29:16,940 --> 01:29:25,570 And there are some values that despite despite all the decimation I was outlining earlier. 665 01:29:25,570 --> 01:29:35,740 The people retain is really, really important to their identity as being part of South Yorkshire, and they're about thought about fairness. 666 01:29:35,740 --> 01:29:43,610 They're about. The desire to be inclusive, they're about a sense of well-being. 667 01:29:43,610 --> 01:29:50,690 And those things are really important to retain. But to match those. 668 01:29:50,690 --> 01:29:57,110 With a much more sense of optimism and a sense of prosperity, a sense of choice, 669 01:29:57,110 --> 01:30:06,120 a sense of being able to meet more people, being able to make more choices in their lives. 670 01:30:06,120 --> 01:30:17,770 And to do that by having. And education and skills system supporting. 671 01:30:17,770 --> 01:30:27,300 A business landscape. It really provides for people's futures that really makes them not just a job. 672 01:30:27,300 --> 01:30:34,610 The sense of a future and a sense of being part of an economy and parts of a country that 673 01:30:34,610 --> 01:30:45,380 is playing is playing a role globally and being a net contributor to the UK's economy, 674 01:30:45,380 --> 01:30:56,030 if we can, if we can see that happening not necessarily concluded in that period, but see that see that momentum. 675 01:30:56,030 --> 01:31:02,580 And then that would make the hour that would make me happy. 676 01:31:02,580 --> 01:31:11,480 Well, Dave Smith, you've given us a fantastic description of the challenges and opportunities that face the South Yorkshire area. 677 01:31:11,480 --> 01:31:20,385 Thank you very much indeed for having done it. Thank you.