Rachel Laurence of The New Economics Foundation joined us at Responsible Finance 16 as a panelist in our “What does Devolution Mean for Finance” session.
One of the questions for panelists was whether, if Devolution is offering a real opportunity for local communities to take hold of their economies, what the opportunities (and risks) are for the responsible finance industry. Will devolution provide a route for sustainable, long term growth?
Rachel started by addressing the question of whether we want growth, or better outcomes in the economy – and what that means for devolution.
She discussed key issues for responsible finance providers to be aware of, including how economic devolution is critical for devolution to work; how to ensure linkages and money flow in supply chains between public sector and local businesses; and how to enable devolution that addresses regional inequalities, rather than reinforces them.
After the panel we interviewed Rachel – listen to the interview here:
Responsible Finance 16 took place on 8th and 9th March in Manchester.