…and from place to place.
Part two of a three-part mini-series written by economist Savvas Savouri.
I claim that UK regions with established and comparatively large manufacturing sectors will economically outperform over the rest of the decade. And, in this regard, one cannot help noticing how Central and Northern England (CaNE) distinguishes itself.
Much of CaNE’s future prosperity will draw upon old foundations – old foundations that is made ANEW. CaNE has extensive capital – both physical and human – vested in manufacturing and more specifically automotive engineering capacity. Of the latter, we can be sure it is being rapidly re-tooled and its workers re-skilled by its very commercial owners, to quickly produce all manner of components, engines and assembled vehicles for our cleaner transport future. After all, ambitious net carbon neutral timing-targets create enormous replacement demand which, if to be met quickly, demands lucrative round-the-clock production. Electrifyingly positive economic matters do not end here.
