Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is...

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Fragmentation: The Future of the UK A Meeting of Minds: Advisory Distributors

Transcript of Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is...

Page 1: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Fragmentation:

The Future of the UK

A Meeting of Minds: Advisory Distributors

Page 2: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Fragmentation in the UK

Local Elections

2016

Page 3: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Intergenerational conflict?

Source: YouGov

29%

46%

60%

64%

71%

54%

40%

36%

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

18-24

25-49

50-64

65+

Leave Remain

Page 4: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Blue Walls and Brexit: The Precariat

Page 5: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Uneven Recovery

-9.0%

-8.0%

-7.0%

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

Total GDP, Quarterly Change After Pre-Recession Peak

80s recession

90s recession

Great Depression

Recent downturn

Source: ONS/Trajectory

Page 6: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Fragmentation in the UK

Page 7: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Inequality: Problem Solved?

34%

33%

34%

35%

34% 34%

33%

34%

32%

33%

32% 32%

31%

31%

32%

32%

33%

33%

34%

34%

35%

35%

36%

2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 (p)

UK Gini Coefficient, 2003/04 to 2014/15

Source: Office for National Statistics; Nowcasting household income in the UK: Financial Year Ending 2015

Page 8: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Across the UK, the story is different

Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

102.8 103 103 103.1

95.5 93.7 93.4 93.9

81.8

79.2 77.2

75.9

70.9 71.2 72.5

71.4

60

65

70

75

80

85

90

95

100

105

110

2008 2010 2013 2014

Gross Value Added per head: Indices where UK = 100

England

Scotland

Northern Ireland

Wales

Page 9: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

London: A Nation Apart?

167.1 166.8 170.6

173.4

108.8 109.8 110.6 109.7

60.0

80.0

100.0

120.0

140.0

160.0

180.0

2008 2010 2013 2014

Gross Value Added per head: Indices where UK = 100

North East

North West

Yorkshire & Humber

East Midlands

West Midlands

East of England

London

South East

South West

Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Statistics

Page 10: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Internal Migration

Page 11: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Age Driven Migration

-6000

-1000

4000

9000

14000

0 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51 54 57 60 63 66 69 72 75 78 81 84 87 90+

Internal Migration moves into and out of London by age;

year ending June 2013

net inflow outflow

Source: ONS analysis of the age and sex of internal migrants into and out of London for the year ending June 2013

Page 12: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

London and the South

0.0% 0.5% 0.7%

2.1%

3.8%

7.4%

0.0% 0.0%

-0.7% -0.3%

0.8%

4.1%

0.0%

-0.8% -1.2%

-1.5%

-0.5%

2.1%

-2%

-1%

0%

1%

2%

3%

4%

5%

6%

7%

8%

2009 2010 2011 2012 2013 2014

Change in employee levels for northern and southern England regions; 2009-

2014

Southern regions

Southern regions

without London

Northern regions

Source: Office for National Statistics; Business Register and Employment Survey (BRES), 2015c

Page 13: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

The UK’s new class system

The Elite – 6%

Established Middle Class – 25%

Technical Middle Class – 6%

New Affluent Workers – 15%

Traditional Working Class – 14%

Emergent Service Workers – 19%

The Precariat – 15%

Source: Mike Skinner/BBC; What is your 21st Century Social Class

Clusters of Elites across the UK

Page 14: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Fragmented Provision UK Tech Businesses

Source: Tech City/Nesta; Tech Nation 2016 Source: Ofcom; 2014 Infrastructure Report

Page 15: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Life Expectancy

Source: Office For National Statistics

Life Expectancy at birth by local authority district;

England and Wales 2012-2014

Page 16: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

82.2

87.3

81.0

84.6

80.4

80.4 84.0

83.4

84.6

84.6

87.9 85.9

82.9

82.9

84.0

80.9

80.9

79.9

81.7

80.3

82.7

81.4

79.6

80.4

79.1

Source: London Datastore; Ward Atlas

Lives on the Line

Page 17: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Room in the Centre vs. The Hunt for Meaning

Page 18: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

The UK’s seen political shifts too…

27%

59%

15%

25%

46%

29%

0%

10%

20%

30%

40%

50%

60%

70%

Left (1-4) Centre (5-6) Right (7-10)

Political identification, on a 10 point scale

2000 2014

Page 19: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

European Fragmentation European Population Change 2001-2011

Page 20: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Big Data and Fragmentation

Page 21: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Continued Fragmentation

Page 22: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Implications

Page 23: Fragmentation: The Future of the UK - Owen James Events€¦ · Across the UK, the story is different Source: Parliamentary Briefing Paper; Regional and Local Economic Growth Forecasts

Trajectory

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