Private enterprise will provide the levelling up that regional cities need
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IEA research referenced in The Telegraph
Matthew Lesh writes for CapX
Matthew argues that it is organic economic development, not state planning, that will boost the performance of the UK’s cities.
“Why the state should intervene to stop agglomeration effects is unclear, particularly when the recent Levelling Up White Paper specifically acknowledged that historic success, from Jericho to the Medicis, comes from ‘the magnetic attraction of people, culture, commerce and finance spreading ideas, innovation and ultimately growth’.”
Read the full article here.