DOCSLIB.ORG

1000 Companies to Inspire Britain 2015 Fm Am

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
1000 Companies to Inspire Britain 2015 Fm Am 1000 1000 COMPANIES TO INSPIRE 1000 COMPANIES TO INSPIRE 2015 BRITAIN BRITAIN AM FM 2015 Media partner Our sponsors www.1000companies.com 1000 COMPANIES TO INSPIRE 2015 BRITAIN London Stock Exchange Group Editorial Board Tom Gilbert (Senior Press Officer); Ed Clark (Press Officer); Alexandra Ritterman (Junior Press Officer) Contents Wardour Led by Managing Director Claire Oldfield and Creative Director Ben Barrett Forewords 74 John Cridland CBE The team included: Art Editor Lynn Jones; Picture Researcher and Photographer Johanna Ward; Director General, Confederation Editor Hannah Stodell; Wardour editorial; Project Director Charlotte Tapp; 5 Xavier Rolet of British Industry CEO, London Stock Exchange Group Production John Faulkner and Jack Morgan 85 Kirstie Donnelly MBE 10 Tim Hinton Managing Director, City & Guilds UK Wardour, Drury House, 34–43 Russell Street, Managing Director, Mid Markets and London WC2B 5HA, United Kingdom SME Banking, Lloyds Bank 93 Tim Ward CEO, The Quoted Companies Alliance +44 (0)20 7010 0999 12 Stephen Welton www.wardour.co.uk CEO, Business Growth Fund 104 Anthony Browne CEO, British Bankers’ Association 14 Jim Durkin CEO, Cenkos 117 Tim Hames Director General, British Private Equity 16 Allister Heath and Venture Capital Association Pictures: Getty Images, iStock, Gallerystock Deputy Director of Content and Deputy Editor, Telegraph Media Group All other pictures used by permission 17 Damian Kimmelman Sections Cover illustration: Sol Linero Co-founder and CEO, DueDil 22 Technology & Digital Printed by Graphius on FSC certified material Featuring Rega, Essence and ATG Media Research findings 36 Manufacturing & Engineering Profiling Formaplex, Wooltex UK 18 Crunching the numbers and Brompton 20 1000 Companies UK snapshot 44 Where are they now? 48 Exports Why Marine Specialised Technology is making waves in the UK and abroad Sponsored features 58 Creative Industries Company information powered by DueDil, March 2015 34 Lloyds Bank How Focusrite has evolved to keep pace 46 Business Growth Fund with innovation in the music industry An official publication of London Stock Exchange Group 76 Cenkos 66 Food & Drink 106 Lloyds Bank Toasting the success of Aspall and other leading industry players Expert commentary 78 Retail © London Stock Exchange Group 2015. All rights reserved 4 The Rt. Hon. George Osborne MP How Rapha is racing ahead in retail, and other firms that are 10 Paternoster Square, London EC4M 7LS Chancellor of the Exchequer enjoying success 8 The Rt. Hon. Vince Cable MP Secretary of State for Business, 86 Knowledge Companies Innovation and Skills Shining a spotlight on innovation-led businesses, including Mecatherm By making this communication, none of London Stock Exchange Group plc and/or its group undertakings (which shall be construed in accordance with section 1161 of the Companies Act 2006) (“LSEG”), Wardour Communications 9 Chuka Umunna MP Limited (“Wardour”), or the individual authors intend to invite or induce you to engage in any investment activity for the purposes of the UK regulatory regime (other than, where relevant, in respect of the London Stock Exchange 94 Financial Services plc’s exempt activities of operating UK regulated investment exchanges and providing clearing services in the UK). This publication does not constitute an offer to buy or sell, or a solicitation of an offer to sell, any securities, or Shadow Secretary of State for Business, the solicitation of a proxy, by any person in any jurisdiction in which such an offer or solicitation is not authorised, or in which the person making such an offer or solicitation is not qualified to do so, or to any person to whom it Innovation and Skills Discovering why Animal Friends is unlawful to make such an offer or solicitation. Insurance is taking the lead Information in this publication may or may not have been prepared by the LSEG, Wardour, or the individual authors, but is made without any responsibility on their part. All information in this publication is provided “as is” and 32 Baroness Joanna Shields OBE none of LSEG, Wardour, nor the individual authors make any representations and disclaim to the extent permitted by law all express, implied and statutory warranties of any kind in relation to this publication, including warranties CEO and Chair, Tech City 108 ELITE as to accuracy, timeliness, completeness, performance or fitness for a particular purpose. No action should be taken or omitted to be taken in reliance upon information in this publication. None of the LSEG, Wardour, or the Investment Organisation Focusing on some of the UK’s individual authors accept any liability for the results of any action taken or omitted on the basis of the information in this communication. The information in this publication is not offered as advice on any particular matter and most ambitious, fast-growing must not be treated as a substitute for specific advice. In particular, information in this publication does not constitute legal, tax, regulatory, professional, financial or investment advice. Advice from a suitably qualified professional 57 Dominic Jermey OBE should always be sought in relation to any particular matter or circumstances. private companies Third party advertisements are clearly labelled as such. None of the LSEG, Wardour, or the individual authors endorse or are responsible for the content of any third party advertisement in this publication or otherwise. CEO, UK Trade & Investment AIM, London Stock Exchange, the London Stock Exchange coat of arms device are registered trade marks of London Stock Exchange plc. FTSE is a registered trade mark of subsidiaries of London Stock Exchange Group plc and is 65 Simon Walker used by FTSE International Limited under licence. Other logos, organisations and company names referred to may be the trade marks of their respective owners. No part of these trademarks, or any other trademark owned by 119 Directory LSEG can be used, reproduced or transmitted in any form without express written consent by the owner of the trademark. Director General, Institute of Directors 156 Contacts 2 3 LSEG FOREWORD COMMENTARY THE RT. HON. GEORGE OSBORNE MP INSIDE THE CHANCELLOR OF THE EXCHEQUER BUILDING A MORE COMPETITIVE ECONOMY REPORT Trust Schemes in 2012, and we introduced the Seed Enterprise Investment Scheme (SEIS) to address the difficulties start-up companies can face in getting seed finance. It has already helped more than 2,000 companies raise over £175m, and we have now made the scheme permanent. In 2013, we widened the eligibility of ISA investment to include AIM stocks. The impact has been profound. LSEG estimates that up to £4.4bn of ISA investments have been shifted to support high-growth small and medium-sized enterprises (SMEs) since we opened ISAs up to AIM shares. That is £4.4bn from individual savers being invested in some of the most exciting and inspirational companies this country has to offer. Last year we went further and abolished stamp duty on AIM transactions. Britain also became the first western country to issue a sovereign elcome to the second edition of London Stock renminbi bond, and the first non-Islamic country to issue WExchange Group’s 1000 Companies to Inspire Britain, a sukuk bond – both landmark achievements that will keep a landmark report identifying the UK’s most exciting and Britain as the undisputed centre of the global financial dynamic small and medium-sized businesses. When we first launched this project in late 2013, our aim “ WE KNOW IT IS ONLY BY was to bring to life what we knew instinctively to be true, that these companies are the driving force behind the UK economy. KEEPING TAXES LOW AND The term SME describes a very broad church of businesses, his is a remarkable list of outstanding companies. BUILDING A MORE COMPETITIVE from the sole trader to the high-end manufacturer, and to TThese businesses have been built by the drive, ECONOMY THAT BUSINESSES discuss them all as a homogeneous group makes little sense. commitment and vision of Britain’s entrepreneurs and Indeed, there are more than four million SMEs in the UK. business leaders. LIKE THESE CAN THRIVE” Within that number is a subset of exciting and promising It is my privilege to be able to congratulate them all, companies of exceptional importance to UK economic and to thank London Stock Exchange Group (LSEG) for its system. Every step of the way, LSEG has been championing growth and job creation. work. The Alternative Investment Market (AIM) is the most policies to promote growth and innovation – and its “The 1,000 companies The success of these companies, variously identified as successful growth market in the world. It is why fantastic ELITE programme is a great innovation of its own. ‘gazelles’, ‘the magic 6%’ or ‘scale-ups’, has a remarkably companies like Just Eat choose to float in London, when I am proud of our record. But there is always more to do. disproportionate effect on our national economic output. they could go anywhere in the world. And we need to If government creates the right environment, businesses highlighted in our report The Scale-Up Report, published last year by Sherry Coutu, keep it that way. and investors will rise to the challenge. Some in politics found that boosting this ‘sector’ by just 1% would create as When I became Chancellor in 2010, the economy was want to raise business taxes and intervene in markets. have, on average, more than in chaos. A record budget deficit and a broken banking We know it is only by keeping taxes low and building a doubled their revenue in many as 230,000 new jobs and add £38bn to UK GDP. system had taken Britain to the brink. I set out our long- more competitive economy that businesses like these Those figures are impressively high for two reasons. First, term economic plan and set about delivering it.
Load more

Recommended publications
  • 22 October 2007 3 Hong Kong Exclusively Rolls out Revolutionary
    22 October 2007 3 Hong Kong exclusively rolls out revolutionary mobile music service 3 MusicStation ． Innovative weekly fees．Unlimited music downloads．Free from streaming limitations Share celebrities’ and artists’ music tastes Explore and discover a huge world of mobile music 22 October 2007, Hong Kong - 3 Hong Kong today announced that it has partnered with Omnifone, a leading developer of international mobile music services, to exclusively roll out 3 MusicStation to provide unlimited downloads of mobile music. 3 MusicStation completely breaks away from all limitations and network interferences associated with streaming. Available on an innovative and flexible weekly rate plan, the new service brings to Hong Kong music lovers a vast music library comprised of both local and international music, a string of exclusive functions like smart search, high-speed downloads, music community based sharing of tracks and an innovative “off-net listening” function. The “all-you-can-download” service enables mobile users to access their music everywhere even when not connected to a network or when in Flight Safe mode. 3 MusicStation has transformed a mobile handset into an instant and intelligent digital mobile music playing gadget with high sound quality, enabling music fanatics to roam free in the wide expanse of music anytime while on the move. Take the lead to introduce award winning technology and open up a new mobile music world Amy Lung, Chief Operating Officer – Mobile of Hutchison Telecom Hong Kong said: “It is 3 Hong Kong’s long belief that a high-speed mobile network is more than a platform for voice and data communications.
    [Show full text]
  • LIBOR Transition Faqs ‘Big Bang’ CCP Switch Over
    RED = Final File Size/Bleed Line BLACK = Page Size/Trim Line MAGENTA = Margin/Safe Art Boundary NOT A PRODUCT OF BARCLAYS RESEARCH LIBOR Transition FAQs ‘Big bang’ CCP switch over 1. When will CCPs switch their rates for discounting 2. €STR Switch Over to new risk-free rates (RFRs)? What is the ‘big bang’ 2a. What are the mechanics for the cash adjustment switch over? exchange? Why is this necessary? As part of global industry efforts around benchmark reform, Each CCP will perform a valuation using EONIA and then run most systemic Central Clearing Counterparties (CCPs) are the same valuation by switching to €STR. The switch to €STR expected to switch Price Aligned Interest (PAI) and discounting discounting will lead to a change in the net present value of EUR on all cleared EUR-denominated products to €STR in July 2020, denominated trades across all CCPs. As a result, a mandatory and for USD-denominated derivatives to SOFR in October 2020. cash compensation mechanism will be used by the CCPs to 1a. €STR switch over: weekend of 25/26 July 2020 counter this change in value so that individual participants will experience almost no ‘net’ changes, implemented through a one As the momentum of benchmark interest rate reform continues off payment. This requirement is due to the fact portfolios are in Europe, while EURIBOR has no clear end date, the publishing switching from EONIA to €STR flat (no spread), however there of EONIA will be discontinued from 3 January 2022. Its is a fixed spread between EONIA and €STR (i.e.
    [Show full text]
  • Driving the Application Explosion Implications for Network Providers – Challenges and Recommendations by Ann Marie Vega and Cindy Mills
    STRATEGIC WHITE PAPER Driving the Application Explosion Implications for network providers – challenges and recommendations by Ann Marie Vega and Cindy Mills The past 18 months have seen an explosion in the number of applications that are available to end users — mobile applications, widgets on TVs and PCs, as well as enterprise applications of all types. As end users discover how to use their connected devices in new and innovative ways, they have demonstrated an almost insatiable appetite for applications. The question for network providers is how to capitalize on this opportunity in an effective and sustainable way. This paper discusses the current trends, challenges, and success factors for network providers seeking to add value in application delivery. Among the challenges, the most significant are: 1) difficulty in justifying the business case; 2) legacy mindsets and organizational structures, 3) adherence to legacy partnership models that limit innovation opportunities, 4) inefficient processes that cannot deliver applications in a rapid and cost-effective manner, and 5) issues with fragmentation from the developer perspective. The combined effect of these challenges is that network providers may not be optimized for efficiently providing a broad array of applications to their customers. From our research and experience, Alcatel-Lucent has developed concrete recommendations to help network providers capitalize on the application opportunity. Specifically, we recommend: 1) building a holistic business case; 2) exploring new business models; 3) industrializing operational processes; and 4) lessening fragmentation to achieve scale. Though recommendations are provided, they are offered with the recognition that suitability/applicability will vary based on each network provider’s unique situation.
    [Show full text]
  • Euronext Makes Irrevocable Cash Offer to Acquire Lch.Clearnet Sa
    CONTACT - Media: CONTACT - Investor Relations: Amsterdam +31.20.721.4488 Brussels +32.2.620.15.50 +33.1.70.48.24.17 Lisbon +351.210.600.614 Paris +33.1.70.48.24.45 EURONEXT MAKES IRREVOCABLE CASH OFFER TO ACQUIRE LCH.CLEARNET SA Euronext has made an irrevocable all-cash offer to LCH.Clearnet Group Limited (“LCH.Clearnet Group”) and London Stock Exchange Group plc (“LSEG”) to acquire LCH.Clearnet SA (“Clearnet”), in relation to which terms and conditions have been agreed. Clearnet has commenced a period of consultation with its works council during which LSEG and LCH.Clearnet Group have granted exclusivity to Euronext Strategic combination to strengthen Euronext at the heart of the Eurozone capital markets: • Strengthening long-term control of clearing activities for Euronext’s markets, while enhancing our ability to innovate • Improving Euronext’s business diversification (post-trade revenue to represent approximately 30% of Euronext’s pro forma revenue) • Providing substantial growth opportunities in Fixed Income and CDS • Acquisition price of €510m (subject to a closing adjustment and including excess capital1) for 100% of Clearnet • Expected pre-tax operating cost synergies of €13m and additional opportunities for revenue synergies Completion of the contemplated transaction is subject to various conditions including: • Closing of the merger between Deutsche Börse AG (“DB”) and LSEG • Euronext shareholder approval • Customary regulatory and anti-trust approvals and other consents • Completion of the works council consultation process of Clearnet Irrespective of the completion of the contemplated transaction, Euronext remains committed to delivering the best long-term solution for its post-trade activities, in the interests of its clients and shareholders Amsterdam, Brussels, Lisbon, London and Paris – 3 January 2017 – Euronext, the leading pan-European exchange in the Eurozone, has signed a binding offer and been granted exclusivity to acquire 100% of the share capital and voting rights of Clearnet.
    [Show full text]
  • South Australia Privatisation Inquiry Evidence
    LEGISLATIVE COUNCIL OF SOUTH AUSTRALIA SELECT COMMITTEE ON THE PRIVATISATION OF PUBLIC SERVICES IN SOUTH AUSTRALIA Global, State and City dimensions of privatisation Submission by: Dexter Whitfield Director, European Services Strategy Unit Adjunct Associate Professor, Australian Industrial Transformation Institute, Flinders University, Adelaide Structure of the evidence The Select Committee was established to inquire into and report on the privatisation of public services in South Australia, with particular reference to (a) The cost to the public of privatised services. (b) The quality of privatised services and the outcomes for the public, particularly with respect to disadvantaged members of the public. (c) The impact on employment rates, conditions and locations, especially rural and regional employment. (d) The effect on income and wealth inequality. (e) The effect on public participation, social cohesion, and public perception of the role of government; and (f) Any other related matters. This evidence follows the five main headings preceded by a brief analysis of the scope and global dimension of privatisation. It concludes with proposals for an alternative strategy, summary of main findings and recommendations. The evidence in this submission is based on 48 years-experience advising, researching and working with local, regional and national authorities, community organisations and local and national trade unions on the provision of public services and infrastructure projects in the UK, Ireland and many other countries. It has included published national and global research identifying the direct and indirect impact of privatisation and marketisation for national and international organisations. Developing alternative strategies and policies is another key aspect of this work. The European Services Strategy Unit is committed to social justice, by the provision of good quality public services and jobs by democratically accountable public bodies.
    [Show full text]
  • Environment and Economy Overview Committee Insert Item
    Page 1–LTP Passenger Transport Strategy Agenda Item: Environment Insert and Economy Item Overview No. Committee Date of Meeting 19 January 2016 Officer Head of Economy Local Transport Plan 2011 – 2026: Passenger Transport Subject of Report Strategy Executive Summary This Passenger Transport Strategy has been developed as part of the County Council’s Holistic Transport Review and provides a framework for the programmes of work arising from the review in a way that is consistent with the objectives included in the Local Transport Plan for Bournemouth, Dorset and Poole (LTP3). The Holistic Transport Review aims to reduce the County Council’s revenue spend on passenger transport services by £1.5m over the thee-year period to March 2018. The review incorporates all activities including commissioning, procurement and administration of vehicles and transport related services including 3rd party providers. The overall objective of LTP3 is to “seek a balanced, low carbon transport system which limits the most damaging effects of car usage and provides real choice in alternatives to the private car”. Impact Assessment: Equalities Impact Assessment: An equalities impact assessment was undertaken during development of LTP3. Whilst the Passenger Transport Strategy PDF processed with CutePDF evaluation edition www.CutePDF.com Page 2–LTP Passenger Transport Strategy proposes no new policies, it is likely that reduced funding for public transport support and any resultant reduction in service will have a disproportionate impact on older people, young people and those without access to a motor car, since people in these groups are likely to make greater use of bus services. Use of Evidence: Consultation undertaken during the development of LTP3.
    [Show full text]
  • Farnworth Town Centre Masterplan Baseline Report
    1 Revision B Farnworth Town Centre Masterplan Baseline Report: Farnworth Today January 2019 2 Farnworth Town Centre Masterplan January 2019 Aerial View of Farnworth Town Centre January 2019 Farnworth Town Centre Masterplan 3 Contents Executive Summary 1 Introduction 9 2 Town Centre Trends 11 3 Property and Market Analysis 21 4 Planning and Policy Context 35 5 Townscape Analysis 41 6 Opportunity Areas 55 Revision A Revision B Date 24 October 2018 09 January 2019 Project Reference 3000138 3000138 Preparewd by AM/CW AM/CW Checked by FPG FPG 4 Farnworth Town Centre Masterplan January 2019 4 Executive Summary January 2019 Farnworth Town Centre Masterplan 5 Executive Summary Introduction enterprises, all of which should be designed to function as Farnworth Town Centre Challenges intergenerational spaces. Farnworth town centre is the second largest town centre Whilst the population of Farnworth is expected to grow, in the Borough after Bolton town centre and has been ‘The Portas Review: An Independent Review into the town centre continues to experience the impacts nominated by Bolton Metropolitan Borough Council WKH)XWXUHRIRXU+LJK6WUHHWVn FRQÞUPVWKLV of a lack of investment in non-food retail and leisure (‘the Council’) for the Greater Manchester Town Centre requirement, reimagining town centres as ‘destinations uses, which impacts the liveliness of the town centre Challenge Initiative, which aims to regenerate town for socialising, culture, health, wellbeing, creativity and and decreases footfall. This is of course not unique to centres across
    [Show full text]
  • Paddington Village Spatial Regeneration Framework October 2016
    Paddington Village Spatial Regeneration Framework October 2016 DRAFT Executive Summary The University of Liverpool, Royal Liverpool • Complementary life science uses University Hospital, The School of Tropical Medicine and Liverpool John Moores University • Creation of a new residential neighbourhood; occupy a substantial area at the eastern periphery and of Liverpool City Centre and make an important • Associated infrastructure, public realm and a contribution to the City and regional economy, new urban park particularly in terms of knowledge-based indus- tries including bio-sciences, health-related The opportunity has the potential to deliver over research and digital technology. Together this 1 million sqft of science and research develop- “Knowledge Quarter” provides an unrivalled ment and create upwards of 10,000 highly skilled concentration of expertise, knowledge and wealth- jobs and thereby significantly contribute to the creating potential within a City Centre setting. City’s strategic regeneration goals. The overall aim is to increase the economic poten- This SRF has been produced to develop a set tial of the area as the delivery of a viable, vibrant of key principles and parameters to shape and and strong knowledge economy within this guide the delivery of Paddington Village as a high significant area of Liverpool City Centre is critical quality, comprehensively planned, sustainable to the future economic growth and competitive- environment creating a world-class investment ness of the City Region and will contribute to the environment for knowledge-based businesses. delivery of regional growth aspirations. It will be adopted as a Supplementary Planning Document (SPD) in accordance with the require- The Knowledge Quarter is enshrined within ments of legislation and guidance contained Council strategic policy through a Citywide and in the National Planning Policy Framework (the an area specific Strategic Investment Framework Framework).
    [Show full text]
  • In This Issue... Machinery Marvels Page 46 Crop Momentum Page 66 LAMMA Comes in from the Cold Building Blocks for a Wonder Wheat
    20th Anniversary Edition See p8 for your chance to win a bottle of quality malt whisky In this issue... Machinery marvels LAMMA comes in fr Confer om the cold page 46 ence call Crop momentum page 10 Building blocks for a wonder wheat Potato blight page 66 page 82 Opinion 4 Talking Tilth - A word from the editor. 6 Smith’s Soapbox - Views and opinions from an Essex peasant….. Volume 21 Number 1 8 Publisher’s perspective - A look back on 20 years of CPM. February 2019 91 Last Word - A view from the field from CPM’s technical editor. Technical 10 Conferences - Farming’s fourth revolution starts here New Year conferences were tinged with a buzz of confidence, both for the technology the sector has to access, and how it could be applied in the field. 16 CPSB conference - New thinking shapes up the toolbox There were no new products but plenty of new ideas for some of arable farming’s biggest challenges from scientists who gathered in Brighton. 20 Theory to Field - Ensuring a future for fungicides Preserving the efficacy of fungicides has never been more important. 24 Tech Talk - Savvy selection eases pressure Managing barley diseases without undue selection pressure on fungicides. 28 Real Results Pioneers - Spreading risk but staying focused At the coal face of commercial agriculture without the cushion of subsidies, farming in New Zealand is about an understanding of farming fundamentals. Editor 32 OSR nutrition - Optimising sulphur in OSR AHDB has recently updated industry guidelines for sulphur in OSR Tom Allen-Stevens . 36 Company profile - A pipeline of promise Technical editor At a time when innovations in crop protection are thin on the ground, Lucy de la Pasture Corteva Agriscience is bringing an array of new products to market.
    [Show full text]
  • The London Markets and Private Equity-Backed Ipos
    The London markets and private equity-backed IPOs Report prepared for British Venture Capital Association and London Stock Exchange March 2006 Oxera i Draft for Comment: Strictly Confidential Oxera Consulting Ltd is registered in England No. 2589629. Registered office at Park Central, 40/41 Park End Street, Oxford OX1 1JD, UK. Although every effort has been made to ensure the accuracy of the material and the integrity of the analysis presented herein, the Company accepts no liability for any actions taken on the basis of its contents. Oxera Consulting Ltd is not licensed in the conduct of investment business as defined in the Financial Services and Markets Act 2000. Anyone considering a specific investment should consult their own broker or other investment adviser. The Company accepts no liability for any specific investment decision, which must be at the investor’s own risk. © Oxera, 2006. All rights reserved. Except for the quotation of short passages for the purposes of criticism or review, no part may be used or reproduced without permission. Executive summary Private equity (PE) firms have a number of routes available to exit from their investments, one of which is to float the company on a stock market via an initial public offering (IPO). The British Venture Capital Association (BVCA) and the London Stock Exchange (LSE) commissioned Oxera to conduct research into certain aspects relevant to assessing the attractiveness of the London markets for PE-backed IPOs. The research findings contained in this report can be summarised as follows. IPOs as an exit route for PE firms – Over the period 1998–2004, approximately one-half of UK companies (excluding collective investment vehicles) that floated on the LSE’s Main Market were backed by PE firms.
    [Show full text]
  • Solent Skills Advisory Panel Local Skills and Labour Market Analysis
    Solent Skills Advisory Panel Local Skills and Labour Market Analysis June 2020 1 2 Contents Foreword 1. Introduction 7 2. Economic & Labour Market Landscape in the Solent 10 2.1 Demographics 11 2.1.1 Population by Broad Age Group 11 2.1.2 Internal and International Migration 14 2.2 Labour Market 17 2.2.1 Economic Activity 17 2.2.2 Employment 20 2.2.3 Unemployment 21 2.2.4 Commuting 23 2.3 Solent Businesses 25 2.4 Economic Landscape 28 2.4.1 Gateway Economy 28 2.4.2 Economic Output 29 2.4.3 Economic Output by Sector 32 2.5 Productivity 35 3. The Demand for Skills in the Solent 39 3.1 Industrial Structure 41 3.2 Occupational Structure 46 3.3 Skills Demand by Industry and Occupation 49 3.4 Job Vacancies and Skills Demand 51 3.5 Future Skills Demand 52 3.5.1 Expansion Demand and Replacement Demand 53 3.5.2 Net Skills Requirement by Occupation & Qualification 54 3.6 4th Industrial Revolution and Skills 58 3.6.1 Automation and Future of Employment in Solent 60 3.7 Skills for the Future 64 3 4. The Supply of Skills in 66 Solent 4.1 Skills in the Workforce: 67 4.1.1 Advanced Skills 70 4.1.2 Intermediate Skills 73 4.1.3 Low Skills 76 4.2 Skills System 79 4.2.1 Secondary Education - Participation and Attainment 79 4.2.2 Further Education - Learning and Training 83 4.2.3 Further Education - Education and Training 85 4.2.4 Further Education - Apprenticeships 91 4.2.5 Higher Education 97 4.2.6 Employer Sponsored Training 103 4.3 Skills Deprivation and Inequality 105 4.3.1 Young People Not in Education, Employment or Training (NEETs) 105 4.3.2 Education and Skills Deprivation 106 5.
    [Show full text]
  • Tale of Cities Tale of C
    TaleTale of citiesc A practitioner’s guide to city recovery By Anne Power, Astrid Winkler, Jörg Plöger and Laura Lane 2 Contents Introduction 4 Industrial cities in their hey-day 5 Historic roles 6 Industrial giants 8 Industrial pressures 14 Industrial collapse and its consequences 15 Economic and social unravelling 16 Cumulative damage and the failures of mass housing 18 Inner city abandonment 24 Surburbanisation 26 Political unrest 27 Unwanted industrial infrastructure 28 New perspectives, new ideas, new roles 31 Symbols of change 32 Big ideas 35 New enterprises 36 Massive physical reinvestment by cities, 37 governments and EU Restored cities 38 New transport links 47 Practical steps towards recovery 49 Building the new economy 50 – Saint-Étienne’s Design Village and the survival of small workshops – Sheffi eld’s Advanced Science Park and Cultural Industries Quarter – Bremen’s technology focus – Torino’s incubators for local entrepreneurs – Belfast’s innovative reuse of former docks – Leipzig’s new logistics and manufacturing centres Building social enterprise and integration 60 Building skills 64 Upgrading local environments 67 Working in partnership with local communities 71 Have the cities turned the corner? 75 New image through innovative use of existing assets 76 Where next for the seven cities? 81 An uncertain future 82 Conclusion 84 Appendix 85 3 Introduction This documentary booklet traces at ground level social and economic in the seven cities and elsewhere with suggestions and comments. progress of seven European cities observing dramatic changes in Our contact details can be found at the back of the document. We industrial and post-industrial economies, their booming then shrinking know that we have not done justice to the scale of work that has gone populations, their employment and political leadership.
    [Show full text]