Economy

Liverpool has a strong, diverse economyOutside Britain's three capitals, Liverpool is the clear leader in growth on a ten year basis. Well, well, well...

The Northern Powerhouse’s surprise package

Here at Merrion Towers we love charts and graphs that cast a light on the quirky, unusual or just downright interesting.  And those fine fellows at City Metric  have come up trumps with the one above.  So, which economy in the Northern Powerhouse do you think is the daddy-o? One of the great ruses in PR is to offer the […]

The London economy proves Britain's enduring appeal

The London economy proves Britain’s enduring appeal

London’s commercial property market is thriving, confounding the nay-sayers.  Merrion Strategy managing director Dougal Paver examines the health of the UK economy and asks if the market has already priced in our departure from the EU. A single quarter’s office take-up does not an economic summer make.  So when JLL’s latest London office survey hit the desks yesterday morning the […]

Wealth, the Seattle waySeattle, where the rain never gets in the way of creating wealth

Staggering wealth accrues to the few as tech entrepreneurs follow the money

Just a handful of the world’s cities account for half of global venture capital investment in tech innovation.  No surprises: London is the UK’s only representative in this stellar league table.  Merrion MD Dougal Paver ponders what this means for Britain’s provincial cities scrambling to build and sustain their own tech sectors. Get this: the conurbations of San Francisco, Washington […]

How's that pound in your pocket?

How’s that pound in your pocket?

The good folk of Manchester, Liverpool and Wirral have enjoyed steady wage growth over the last five years – but don’t ask Merrion’s managing director why.  He’d only be guessing. Numeracy isn’t my thing, but as the son of a geography teacher maps, charts and graphs most certainly are.  Whilst pootling around my on-line reading list I came across the graph […]

If a city can rise and fall, then it can rise againGrass. There's a lot of it in downtown Detroit

If a city can rise and fall, then it can rise again

The doctrine of ‘managed decline’ still holds in some American cities, but was given short shrift in the UK by Margaret Thatcher and Michael Heseltine.  Good job, too, suggests Merrion Strategy MD Dougal Paver. ‘Right-sizing’ – the sort of euphemism for which Bullshit Bingo was invented.  And when players in Detroit shout ‘house!’ the irony is painful, for right-sizing is the city’s […]

More proof that high taxes are counter-productiveSouth Wales' biggest export, now under threat from taxes

More proof that high taxes are counter-productive

A while back this blog cited the boom in UK brewing as proof of how low taxes stimulate enterprise.  Now the government has gone and proven the opposite with its stamp duty reforms, as latest figures reveal. Let me recommend a corkingly good read for you – The Panama Papers, which reveals the staggering story behind the leak of millions […]

Which way are you looking after Brexit?The cause of much of the world's ills, apparently

Which way are you looking after Brexit?

Post-brexit the economic signals are mixed, though largely favour those who said the world wouldn’t end.  Let’s take the pulse in six months’ time, suggests Merrion MD Dougal Paver.  Then we’ll really know. The end of the world (yes, they said that); multinationals bolting for the door; an immediate and deep economic crash;  in fact, just about everything short of a plague of […]

Bradford and curry - a pairing whose time has come?Curry and economics could make for a heady mix over in Yorkshire

Bradford and curry – a pairing whose time has come?

Bradford’s latest kick in the economic proverbials has been dealt not by the private sector, but government. The pain is all the greater when it transpires that neighbouring Leeds is the main beneficiary.   What will save Bradford now, asks Dougal Paver. I wrote a while back about how stupendously handsome Bradford is.  Real knock-out good looks, if Victorian architecture is […]

Bulls' testicles: proof of the glorious efficiency of marketsGreat with spuds and gravy

Bulls’ testicles: proof of the glorious efficiency of markets

Capitalism isn’t perfect, but give competition room to flourish and the public are the winners. Just wander around Barcelona’s marvellous Mercat de Sant Josep if you want proof, suggests Dougal Paver. Ask me at any point on any day where I’d like to be if I could be teleported there and then and the answer would be the same: “on a stool […]

The Baltic Creative workspacesNo shortage of enterprise here (Pic credit: Baltic Creative)

First, the wrong type of snow. Now, the wrong type of jobs

We’ve endured the wrong type of leaves on the track and the wrong type of snow.  Now it seems Liverpool is suffering from the wrong type of jobs, finds Dougal Paver. The excellent Centre for Cities this week published an analysis of employment growth among Britain’s SMEs – the engine of job creation in any open economy.  Their findings made for mixed […]