West Midlands Industrial Strategy Sector Evidence Summary

Total Page:16

File Type:pdf, Size:1020Kb

West Midlands Industrial Strategy Sector Evidence Summary West Midlands Industrial Strategy Sector Evidence Summary September 2018 DELIVERING INCLUSIVE GROWTH Table of Contents Sector Slides/Sub-sector Slide Number Automotive 3-4 Rail 5-6 Advanced Manufacturing & Engineering Aerospace 7-8 (AME) Metals/Materials 9-10 Food & Drink 11-12 Business, Professional & Financial Services Financial Services 13-14 (BPFS) Legal and Accounting 15-16 Construction Construction 17-18 Creative Creative 19-20 Life Sciences Life Sciences 21-22 Logistics & Transport Logistics & Transport 23-24 Low Carbon & Environmental Technologies Low Carbon & Environmental 25-26 Technologies Tourism Tourism 27-28 Acknowledgement of Data/Evidence Input Black Country Consortium Economic Intelligence Unit Black Country LEP West Midlands Growth Company Coventry & Warwickshire LEP DELIVERING INCLUSIVE GROWTH Greater Birmingham & Solihull LEP Warwickshire County Council Automotive Sector Super Strengths • Estimated £3.2bn automotive GVA & 46,500 jobs in Connected & Autonomous Vehicles (CAV) the WMCA – GBSLEP & CWLEP both have a greater • Leading location in UK for CAV R&D, including amount of automotive jobs than all other LEPs. at WMG & Horiba Mira • The WMCA area produces around 1/3 of all cars • World-class testbeds for developing the next manufactured in the UK, including by JLR, Geely and generation CAVs Aston Martin. Engine production also prevalent with • Private sector engagement with technology BMW & JLR. developments • Automotive supply chain companies are a large part of the region’s cluster. 21.2% of all the UK’s motor vehicle Powertrain and Battery Propulsion parts & accessories manufacturing businesses are • Home to Multiple Low Carbon Centres of situated in the West Midlands region – the most of Excellence, and UKBIC from 2019 any of the 12 UK regions. Example of the breadth of • Presence of companies developing EVs, and this in the Black Country below. the first UK purpose built factory for EVs • Integrated automotive supply chain supporting this development. Prototyping & Product Development • The WMCA features in all parts of the automotive process from component design to manufacturing commercial, motorsport and military land vehicles. • Underpinned by a strong metals/materials sector. • Strong connectivity & established skills base in the sector Source: Black Country Bullet Source: SMMT 3 Automotive: Industry Profile Our Competitive Advantage Products , Services & Brands Centres of Excellence/Assets • The region produces 1/3 of all cars made in the UK Innovation • Strong cluster presence with 20 vehicle manufacturing • Leading location in UK for automotive R&D; including CAV • Advanced Propulsion Centre, University of Warwick sites, 35 automotive and off-highway OEM brands and EV battery and energy storage • National Automotive Innovation Centre (NAIC) • JLR’s Engine Manufacturing Centre is home to the • The National Transport Design Centre, Coventry • 26 OEM Vehicle R&D Centres, 8 Automotive Centres of Ingenium diesel engine for the Range Rover Evoque, • HORIBA-MIRA Consultancy and MIRA Technology Park Excellence and 4 Low Carbon Centres of Excellence Discovery Sport and Jaguar XE cars • Battery Prototype Centre, Warwick • Geely LEVC’s factory for the Txe City Taxi is the first UK • Wton Science, Technology & Prototyping Centre • Good connectivity with well developed road and train purpose built factory for EVs • UK Battery Industrialisation Centre (UKBIC), opens 2019 • network and international airport • CAB Auto, IAC, Lear, IM Kelly, Grupo Antolin produce Changan UK Research and Development Facility • interiors for major OEMs, including JLR, Aston Martin & Future Engines & Fuels Lab, University of Birmingham • Institute for Future Transport and Cities, Coventry University • The WM region has export expertise in machinery & Nissan. transport goods (71% of all goods exports compared to • Rimstock PLC is a world leading producer of alloy wheels Training 41% nationally) • Rolls-Royce University Technology Centre, Birmingham • From 2014-2017, there were 82 successful WMCA FDI • EEF Technology Training Centre • High quality, sector focused science & research facilities projects in automotive, creating 10,000 new jobs and • WMG Academy for Young Engineers and institutes safeguarding a further 3,000 • Black Country Skills Factory In 2017-18, successful FDI investments have included: • Lloyds Bank Advanced Manufacturing Centre • GBSLEP (22,000) & CWLEP (21,000) have the most • Aston Martin Lagonda 130,000sqft unit • Institute for Advanced Manufacturing automotive jobs of all LEP areas • Geely LEVC – new HQ & factory open • JLR Gaydon – Triangle and NVH Production Processes • Manufacturing Technology Centre (MTC) • Warwick Manufacturing Group (WMG) Super Strengths Connected & Autonomous Vehicles (CAV), Powertrain and Battery Propulsion, Prototyping & Product Development 4 4 Rail Sector • Estimated £2bn total rail GVA impact & almost 40,000 Super Strengths jobs in the WMCA. The ‘rail supply’ sector alone Railway-related impact jobs as a share of regional jobs amounts to £850m & 17,000 jobs. HS2 • 1.72% of WM region jobs are railway-related (49,200 • Will add £3bn GVA to the local economy jobs) according to a 2018 sector report by Oxford • Major contractors & consultancies setting up locally is contributing to a strong Economics. This is the joint second highest concentration supply chain base of all UK regions outside of London. • WMCA is also home to HS2’s HQ, its network control centre, maintenance • Birmingham and Warwick universities are national facilities and the National High Speed Rail research leaders within the rail space – the former has College. recently announced a digital systems centre of excellence. Next Generation Rail Technology • University of Birmingham’s Centre for Railway Research is focusing on digital train technology through the UKRRIN What will Birmingham’s Digital Systems Centre do? (£92m industry-partnered investment) – new Digital Systems Centre. • Birmingham will be the only university in the UK focusing on this digital aspect of train technology. • Midland Metro will bring the country’s first battery-operated trams • The region is leading the way on Very Light Rail (VLR) with the VLR Innovation Centre & rail line. Source: Oxford Economics Source: UKRRIN 5 Rail: Industry Profile Our Competitive Advantage Products , Services & Brands Centres of Excellence/Assets • HS2 HQ - based in Birmingham, for HS2 construction and Innovation: • HS2 – 2 West Midlands stations will add £3bn GVA to the supply chain, national control centre and rolling stock • Birmingham Centre for Rail Research and Education local economy. centre. (BCRRE) • High quality, sector focused science & research facilities • WM has 5 rail OEMs, including electric train start-up • UK Railway Research and Innovation Network (UKRRIN) led and institutes, including very light rail research; battery VIVA Rail (& Siemens, CAF, Severn Lamb, Alstom) by BCRRE and energy storage R&D. • Wabtec AM Rail - provide signalling services for the UK • Quinton Rail Technology Centre – the only private test • Good connectivity with well developed road and train market and rail consultancy throughout the world track in the UK. network and international airport • AECOM – Rail construction specialists • Very Light Rail Innovation Centre and Test Track • Cluster of rail construction specialists & consultancies • DK Rewinds – Specialise providing parts and repairing • WMG at the University of Warwick (AECOM, TDI etc) & presence of international transport traction motors that power Central line trains to London. • The National Transport Design Centre, Coventry advisors (Arup, WSP, Atkins etc) • Advanced Propulsion Centre • Rail is a very productive sector with highly-skilled roles – • Wednesbury to Brierley Hill Metro Extension • Wton Science, Technology & Prototyping Centre it creates high quality jobs within the region. • Midland Metro will see the country’s first battery- • UKBIC (UK Battery Industrialisation Centre) • Heavy cross-over relationships with significant local operated trams on the streets in 2019 automotive/aerospace/other manufacturing activity. • Between 2014-17 there was 2 major FDI projects, Production: WMCA cluster of all this manufacturing (particularly creating 70 jobs • Institute For Advanced Manufacturing and Engineering transport) activity has an agglomeration affect for the • National High Speed Rail College will be creating 300 • Manufacturing Technology Centre rail sector. engineers of the future every year. • OnTrackWM – rail supply chain virtual procurement tool • VLR Innovation Centre & Rail Line Training: (a part of HVM City). • Major HS2 contractors setting up bases in and around • Network Rail Training Centre, Walsall • HQ of Rail Alliance the region (Balfour Beatty, VINCI etc). • National College for High Speed Rail, Aston • Lightweighting and battery/energy storage expertise • EEF Technology Training Centre • WMG Academy for Young Engineers Super Strengths HS2, Next Generation Rail Technology 6 6 Aerospace Sector • With around 10% of the UK’s aerospace activity, there’s an estimated £1bn aerospace GVA & Over 70 Midlands businesses supplied the Airbus A380, including many from the WMCA area… 25,000 jobs in the WM. Super Strengths Electro-mechanical systems • Aerospace in the WMCA is mainly focused on the production of electro-mechanical systems. • Control systems for engines (e.g. Rolls Royce & Meggitt), and aircraft wing controls (clustered in Wolverhampton with Moog & UTC Aerospace). Highly-Technical Component
Recommended publications
  • [email protected]
    TECHNOLOGICAL IMPACTS ON MARKET ATTITUDES AND BEHAVIORS Paul Baines, Cranfield University (Corresponding author) E: [email protected] T.: +44(0)1234 758041 Running Head: Technological Impacts on Attitudes and Behaviors ABSTRACT Technology has had a profound effect on twentieth century society and is increasingly changing the nature of the way we live our lives in the twenty first century, particularly, but not solely, through innovations in digital and social media marketing. As media and other technologies change, the question arising concerns how these changes impact on consumers’ attitudes and behaviors, and consequently on their lives. In this special edition, nine papers are presented, outlining cutting-edge research exploring how changing technologies affect consumer attitudes, emotions and behaviors in a variety of country settings and industries. In this introductory editorial, the papers are outlined in further detail, with a brief exposition of their contribution. KEYWORDS: attitudes; behavior; technology impacts; emotion 1 | P a g e INTRODUCTION It’s often considered, at the least an aphorism, at best axiomatic, that the speed of technological change is increasing. Kurzweil (2000) spoke of the ‘law of accelerating returns’, arguing that a graph of the history of technological change displays exponential properties, i.e. that changes in technology accelerate over time. The best example of this phenomenon is Moore’s Law, coined by the co-founder of Intel, Graham Moore, that microchip performance would double every year (later amended to every 2 years) but there are many others. Nevertheless, the speed of change during the industrial revolution, when production morphed from agrarian hand-made production to machine-led industrial production, which began in factories in Britain between 1760 and 1830 and which spread around the world, including in the US and Japan in the 18th and 19th centuries and elsewhere in the 20th century (McCloskey, 1981), must also have been pretty dizzying for both producers and consumers.
    [Show full text]
  • The Report from Passenger Transport Magazine
    MAKinG TRAVEL SiMpLe apps Wide variations in journey planners quality of apps four stars Moovit For the first time, we have researched which apps are currently Combined rating: 4.5 (785k ratings) Operator: Moovit available to public transport users and how highly they are rated Developer: Moovit App Global LtD Why can’t using public which have been consistent table-toppers in CityMApper transport be as easy as Transport Focus’s National Rail Passenger Combined rating: 4.5 (78.6k ratings) ordering pizza? Speaking Survey, have not transferred their passion for Operator: Citymapper at an event in Glasgow customer service to their respective apps. Developer: Citymapper Limited earlier this year (PT208), First UK Bus was also among the 18 four-star robert jack Louise Coward, the acting rated bus operator apps, ahead of rivals Arriva trAinLine Managing Editor head of insight at passenger (which has different apps for information and Combined rating: 4.5 (69.4k ratings) watchdog Transport Focus, revealed research m-tickets) and Stagecoach. The 11 highest Operator: trainline which showed that young people want an rated bus operator apps were all developed Developer: trainline experience that is as easy to navigate as the one by Bournemouth-based Passenger, with provided by other retailers. Blackpool Transport, Warrington’s Own Buses, three stars She explained: “Young people challenged Borders Buses and Nottingham City Transport us with things like, ‘if I want to order a pizza all possessing apps with a 4.8-star rating - a trAveLine SW or I want to go and see a film, all I need to result that exceeds the 4.7-star rating achieved Combined rating: 3.4 (218 ratings) do is get my phone out go into an app’ ..
    [Show full text]
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • 2013 Agms: Key Trends and Issues from a Review of 215 FTSE 350 Companies June 2013
    2013 AGMs: Key trends and issues from a review of 215 FTSE 350 companies June 2013 Statistics Commentary RESOLUTIONS Annual re-election of all directors 99% (213 companies) proposed annual re- 3% (7 companies) amended their articles to election of all directors reflect annual re-election Authority to allot shares: extra one 67% (144 companies) proposed a resolution This is similar to the results for 2012 third authority for the extra one third authority; 27% (57 companies) included a statement that where Under the UK Corporate Governance Code this extra one-third authority was used, the (Code) FTSE 350 directors should be subject directors would stand for re-election to annual election, so no longer necessary Any resolution to convene general 84% (181 companies) passed a resolution to NAPF recommends that companies should only meeting on 14 days’ notice convene a general meeting on 14 clear days’ call a general meeting on 14 clear days’ notice notice; 73% (158 companies) stated the in limited circumstances and these should be circumstances where meetings will be held on explained when tabling the resolution 14 clear days’ notice Details of any unusual resolution Resolutions proposed to approve an increase A few companies have increased this to in maximum aggregate fees payable to around £700,000 to allow them to appoint directors non-executive directors to the board Details of substantial vote (10-49%) 15% (33 companies) detailed substantial votes So far this year no FTSE 350 company has had against the directors’ remuneration against
    [Show full text]
  • Annual Report 2015 1
    Annual Report 2015 EFMD aisbl rue Gachard 88 – Box 3 1050 Brussels Belgium T +32 2 629 08 10 F +32 2 629 08 11 E [email protected] www.efmd.org EFMD is an international not-for-profit association (aisbl) Design by www.jebensdesign.co.uk Acts as a catalyst to enhance excellence in management education and development globally contents 02 Message from the President 03 Message from the Director General 04 2015 Highlights 06 Quality Services 10 Network Services 18 EFMD Awards 20 Development Services 32 EFMD Publications 34 EFMD Membership 38 EFMD Governance 40 EFMD Team 44 Financial Statements 2015 50 Auditor’s Report NETWORK SERVICES • BUSINESS SCHOOL SERVICES • EFMD Annual REPort 2015 1 Message from THE PRESIDENT Dear EFMD member, In the past 15 years there have been I feel 2015 is a very good time to reflect over 200 EU-related projects; EQUIS and on EFMD’s performance over the last CLIP have set the global benchmark for 15 years as the network has transformed quality in business schools and corporate from a small, mainly European universities; EFMD has a 30-year history association into a truly international of working in China; and new initiatives network of organisations with members such as EDAF mean EFMD can help in 83 different countries across all parts any school anywhere in the world that of the world. wants to start on a development and improvement path. The engagement of the membership in conferences, seminars, accreditations, We should celebrate these great cases and publications is at the highest successes and feel very proud, as a level we have seen and for that we are network, of the work we do and the very thankful for the ongoing support impact and contribution we make to offered by members.
    [Show full text]
  • Conference Program
    28th EBES CONFERENCE - COVENTRY CONFERENCE PROGRAM MAY 29-31, 2019 COVENTRY, UNITED KINGDOM Hosted by The Centre for Financial and Corporate Integrity (CFCI) Coventry University In collaboration with Coventry Business School Trading Floor [email protected] www.ebesweb.org 28th EBES Conference - Coventry May 29-31, 2019 CONFERENCE PROGRAM WEDNESDAY, MAY 29 (DAY 1) REGISTRATION: 08:30-16:00 WELCOME SPEECHES: 09:00-09:30 Room: CC1.3 Klaus F. Zimmermann, President, EBES & GLO & Central European University, Budapest, Hungary Heather McLaughlin, Academic Dean, Faculty of Business and Law, Coventry University, United Kingdom Uchenna Tony-Okeke, Director of the Coventry Business School Trading Floor, Faculty of Business and Law, Coventry University, United Kingdom EBES & GLO Panel on "The Future of Europe and Brexit after the EU Election": 09:30-10:30 Initiated by the Global Labor Organization (GLO) Room: CC1.3 Chair & Introduction: Klaus F. Zimmermann, President, EBES & GLO & Central European University, Budapest, Hungary Mehmet Huseyin Bilgin, EBES, GLO, & Istanbul Medeniyet University, Turkey Matloob Piracha, Director GLO & University of Kent, United Kingdom Dorothea Schäfer, DIW Berlin, GLO, & Jönköping University, Sweden Marco Vivarelli, GLO & Universita Cattolica del Sacro Cuore in Milano, Italy COFFEE BREAK: 10:30-10:40 DAY 1 - SESSION I: 10:40-12:40 ECONOMICS OF INNOVATION I Chair: Marco Vivarelli Room: CC1.1 Dynamic Innovation Capital (DINNCAP). To Evaluate Change of “Innovation Capital” in Open Innovation as Effect of and Prerequisite
    [Show full text]
  • London to Norwich Direct Train
    London To Norwich Direct Train Kristos gurgles her incautiousness frontally, dree and patchier. Nightmarish Adnan usually calibrate some lurkers or sleet jawbreakingly. Weighted Stillman bade ministerially or bales harmonically when Wyatan is rhotic. East anglia is direct, there are implemented and can travel entry to change or parks on this car, no direct train to london norwich. How to Travel From London to Norwich by Train Bus TripSavvy. National Express runs a regular bus service between London Victoria Coach now and the Norwich Bus Station which leaves London at. Bus from London to Norwich Find schedules Compare prices Book Megabus National Express and National Express tickets. The cheapest train connections from London to Norwich. When creating an average northern advanced fare. Norwich is also elm hill and table service is definitely worth trying when it from your train to yorkshire and make significant damage to alcohol, london to norwich direct train! Click on a gift card pin. What is Norwich like about visit? Get cheap train tickets to Norwich with our split up search. The direct from london st pancras international partners sites selected are as nationalrail and direct train tickets between london liverpool street every kind of. Our London Sidcup Hotel is Located between London and Kent and just 100m from the Train them Free Wi-Fi Throughout Your content Book Direct. How it is regarded as a colourful excursion to norwich here when we cannot wait to ironically for all! Connect to new azuma trains from time limit fuel facility supplies renewable compressed natural habitats, so just under a button down.
    [Show full text]
  • Federal Register/Vol. 65, No. 127/Friday, June 30
    Federal Register / Vol. 65, No. 127 / Friday, June 30, 2000 / Notices 40721 Issued in Washington, DC on June 26, original equipment and replacement the 41 vehicle lines with a theft rate 2000. parts of high-theft lines of passenger higher than 3.5826, 35 are passenger car Eric Gabler, motor vehicles. lines, 6 are multipurpose passenger Manager, Passenger Facility Charge Branch. The agency is required by 49 U.S.C. vehicle lines, and none are light-duty [FR Doc. 00±16664 Filed 6±29±00; 8:45 am] 33104(b)(4) to periodically obtain, from truck lines. BILLING CODE 4910±13±M the most reliable source, accurate and On Tuesday, February 8, 2000, timely theft data and publish the data NHTSA published the preliminary theft for review and comment. To fulfill this rates for CY 1998 passenger motor DEPARTMENT OF TRANSPORTATION statutory mandate, NHTSA has vehicles in the Federal Register (65 FR published theft data annually beginning 6250). The agency tentatively ranked National Highway Traffic Safety with MYs 1983/84. Continuing to fulfill each of the MY 1998 vehicle lines in Administration the § 33104(b)(4) mandate, this descending order of theft rate. The document reports the final theft data for [Docket No. NHTSA±99±6586; Notice 02] public was requested to comment on the CY 1998, the most recent calendar year accuracy of the data and to provide final RIN 2127±AH76 for which data are available. production figures for individual In calculating the 1998 theft rates, vehicle lines. The agency received Final Theft Data; Motor Vehicle Theft NHTSA followed the same procedures it written comments from General Motors Prevention Standard used in calculating the MY 1997 theft Corporation (GM) and Volkswagen of rates.
    [Show full text]
  • First Student
    Business review First Student Year to 31 March 2020 2019 costs. We attribute this continuing retention success to our excellent safety track record Revenue $2,474.9m $2,424.9m and consistent focus on building sustained customer relationships over many years, Adjusted operating profit $205.9m $227.1m resulting in this year’s record-breaking willingness to recommend and satisfaction Adjusted scores, which saw fully 75% of our customers operating margin 8.3% 9.4% rating us nine or ten on a ten-point scale for overall satisfaction. Average number of employees 48,000 48,000 Our retention success was supplemented with organic growth, continuing conversions from Paul Osland First Student revenue was $2,474.9m or in-house to private provision and good net President, First Student £1,940.4m (2019: $2,424.9m or £1,845.9m), market share gains from our larger competitors, representing growth in constant currency in several cases at higher pricing than ■■ Sustainable and resilient of 2.2%. This comprised growth of 4.1% in proposed by the incumbent. returns from our market constant currency to the end of February We also continued to build out our ability 2020, benefiting from the pricing and contract leading multi-year contract to supplement growth and expand our wins we achieved in the summer 2019 bid portfolio in the home-to- addressable market via acquisitions in this season as well as from acquisitions made school market fragmented segment of the mobility services in the year. This was partially offset in March industry. Since the start of the financial year we ■■ Opportunities for organic when substantially all North American schools have closed three transactions adding a total had closed by the end of the month due to the and M&A-led growth, of 850 buses.
    [Show full text]
  • Advanced Manufacturing and Engineering in the Midlands, UK 02 Advanced Manufacturing and Engineering in the Midlands, UK
    Advanced Manufacturing and Engineering in the Midlands, UK 02 Advanced manufacturing and engineering in the Midlands, UK Why the Midlands? The Midlands is one of the most dynamic areas in the UK. Located at the heart of a connected transport network, it has close proximity to London, and access to 75% of the UK within two hours. Home to over 10 million people and The home of Shakespeare, Robin Hood, 440,000 businesses, the region includes JRR Tolkien and Sir Isaac Newton is today the cities of Birmingham and Nottingham at the centre of plans for a new high-speed alongside Coventry, Derby, Hereford, rail network and an innovation hub for Leicester, Lincoln, Stoke-on- Trent, advanced manufacturing, automotive, Wolverhampton and Worcester. life sciences, digital technologies and rail technologies. Our local economy is worth more than £207bn, generating nearly 15% of the UK’s The region’s 20 universities support a Gross Value Added (GVA), and experiencing world-class science and innovation base growth of 18% over the last five years. making the region a global centre of We’re home to 27,500 businesses in excellence in areas such as advanced advanced manufacturing, employing manufacturing, engineering, low carbon 246,100. We export £43bn worth of goods and autonomous technologies, healthcare, to 178 countries, growing at a rate in excess life sciences and agri-food and drink. of the national rate. The Midlands is indeed The Midlands is home to some of the world’s an engine of growth at the heart of the UK. most globally recognised brands including Geographically, we are the cross roads Aston Martin, Bombardier, Cadbury, for much of Britain’s road, rail and airport Caterpillar, Cosworth, Dr Martens, EON, connectivity with access to 92% of UK Jaguar Land Rover, JCB, National Express population in under four hours.
    [Show full text]
  • Economic Commentary
    Quarterly Economic Commentary and Northern Bluebird. Of the two, Scottish Citylink provides almost twice as many services in terms of vehicle mileage. Cross-border services to English Economic towns and cities are operated solely by National Express. Neither of the operators are competing against each other on the same routes, indeed Stagecoach Western Scottish occasionally provide PERSPECTIVE coaches for duplicate services to Scottish Citylink. The method of operation for services in the industry is of interest. Scottish Citylink do not own, garage or maintain any of the coaches used on their routes. Instead they contract independent coach operators to SCOTTISH EXPRESS COACH SERVICES - run the services on their (Citylink's) behalf. In 1993 LOSS LEADERS AND ANTI-COMPETITIVE at the time of their merger with National Express PRACTICE Citylink had contracts with 14 operators. All of these were retained but recent additions to the by Colin Sinclair, Dept. of Economics, Glasgow network may have increased this number. These Caledonian University contracts are for specific and detailed schedules of services and are for a fixed price no matter how many passengers are carried. Most contracts are also INTRODUCTION short-term lasting for six months at a time, but occasionally longer contracts are awarded to cover Over the last 16 years, the Scottish express coach the provision of new vehicles. The contracts industry has undergone dramatic changes. generally ensure that vehicles operate in Citylink Legislation almost completely reversed the effects of livery and that the operator is responsible for all the 1930 Road Traffic Act and removed quantitative running costs, including drivers, insurance, fuel and controls in the industry.
    [Show full text]
  • Act Annual Conference
    EVENT OVERVIEW ACT ANNUAL CONFERENCE 21-22 May 2019 Manchester Central, UK ATTENDEE PROFILE TOTAL 9/10 DELEGATES ATTENDEES WOULD RECOMMEND 1075 THE EVENT TO A FRIEND/COLLEAGUE FROM OR ATTEND AGAIN 388COMPANIES 88 DELEGATES SPONSORS AND REPRESENTING 323 EXHIBITORS COMPANIES 97SPEAKERS 548 INCLUDING: • Anglo American • London Stock Exchange • Arup • Mitsubishi • ASOS • National Express • AstraZeneca • National Oilwell Varco SENIORITY OF • BAE Systems • Pearson • Balfour Beatty • Petrofac Services CORPORATE AUDIENCE • BASF • Primark • BT • PZ Cussons • Burberry • RELX • Centrica • Renewi • Compass Group • Rentokil • Deliveroo • Royal Dutch Shell • Drax • Sainsbury’s • Dyson • Schneider Electric • easyJet • Scottish Power • Electrocomponents • Serco • Equiniti • Sky • Etihad Airways • Stagecoach • Farfetch • Statoil • Google UK • Tate & Lyle • GSK • Tesco • Halfords • Thames Water • Hammerson • Thomas Cook • Heathrow Airport • Travelport • Hitachi Capital • UK Power Networks • InterContinental Hotels • Urenco • ITV • Virgin Media • JD Sports Fashion • Vodafone • John Lewis • WorldPay BOARD LEVEL/STRATEGIC LEADER 52% • Just Eat • Yildirim Holdings MANAGERIAL 30% OF COMPANIES CORPORATE SENIOR OPERATIONAL 17% THAT ATTENDED DELEGATES WITH JOB AS DELEGATES TITLES INCLUDING: TACTICAL 1% WERE GROUP TREASURER, HEAD 50% CORPORATE. 107 OF TREASURY, HEAD OF CORPORATE FINANCE EVENT OVERVIEW CONTENT AND FEEDBACK TOTAL NETWORKING TOTAL CONTENT AVAILABLE 10.3 29.4 HOURS HOURS LIBOR DIGITAL TREASURY TOP TOPICS SUSTAINABLE FINANCE PAYMENT INNOVATION AND RISKS OPEN BANKING GLOBAL AND DOMESTIC FINANCING MACROECONOMIC ENVIRONMENT EVENT APP SOCIAL MEDIA UNIQUE USERS: 435 726 TWEETS TOTAL APP GENERATED USING PAGE VIEWS: 74,666 #ACTAC19 DELEGATE FEEDBACK “THE ACT ANNUAL CONFERENCE PROVIDES AN EXCELLENT “IF YOU ONLY ATTEND ONE EVENT IN A YEAR, MAKE IT THE OPPORTUNITY TO NETWORK WITH OTHER TREASURY ACT ANNUAL CONFERENCE.
    [Show full text]