LED Confidential
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© LED Confidential
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Podcast about local economic development and placemaking. Co-hosted by Mike Spicer of PolicyDepartment and David Marlow of Third Life Economics. Mike, David and guests address the divisive, often unspoken issues facing economic development professionals in 2020s Britain.
Website:
www.ledconfidential.co.uk
Website:
www.ledconfidential.co.uk
121 Episodes
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Is AI changing how you do local economic development and placemaking – or just adding noise? In this Espresso Shot episode, David and Mike share real examples of using AI to augment workshop management, support stakeholder engagement and review business cases, alongside stories of mistranslations and “garbage” syntheses. They explore where AI genuinely augments LED work – and where human judgement, strategic insight and relationship‑building still have to lead.
What happens to local economic development when Green Party councillors and (potentially) mayors become a major force in local government? David and Mike explore the “Green wave” – from housing quality and community ownership to a proposed uplift in local government funding tied to net zero and inclusion – and ask whether our current tools and economic plans are ready for it.
Is the capacity of our power infrastructure now the majordeterminant of local and regional growth? David and Mike explore how grid constraints, global energy shocks and local political battles over the net zero transition are reshaping regeneration pipelines, spatial strategies and local economic plans. They ask what role Mayoral Strategic Authorities, non -mayoral areas and infrastructure providers should play as energy becomes an organising principle for LED.
Edinburgh is one of the UK’s star city economies. But is success breeding complacency? David and Mike talk to Liz McAreavey, Chief Executive of Edinburgh Chamber of Commerce, about Edinburgh 2030 – a business‑led call to action that aims to turn a patchwork of sector plans into a clear local growth strategy and a stronger “Team Edinburgh” voice. They discuss models for strategic leadership, regional powers, and why investing in foundations like skills, housing, lab space and transport is critical to delivering good, poverty‑reducing growth from a position of strength.
The Chancellor has confirmed a new Local Growth Fund (LGF) – a £900m, four‑year capital pot reserved for 11 Mayoral Strategic Authorities (MSAs) in the North and Midlands of England. But the annual average of £225m is around 60% lower than England’s final‑year UK Shared Prosperity Fund allocation, and many places – including London, the South East, most rural counties and non‑mayoral areas – will receive nothing from this scheme. In this Espresso Shot, David and Mike ask whether LGF represents a serious new regional policy – or simply a smaller, more selective successor to the UK Shared Prosperity Fund. They explore the risks of widening disparities within and between regions, the challenges of aligning LGF with integrated settlements, visitor levies, investment zones and other funding pots, and what all this means for capital‑heavy programmes where revenue and community‑level capacity often lag behind. Can MSAs use LGF catalytically – and what are practitioners in non‑funded areas supposed to do next?
The UK Government has expanded its Pride in Place (PiP) programme – £20m over 10 years for each selected neighbourhood, with local boards deciding how to spend it on high streets, youth centres, community spaces and events. At the same time, the Independent Commission on Neighbourhoods (ICON) warns that current approaches are too small‑scale and partial to turn around outcomes like crime and economic inactivity by 2030. In this Espresso Shot, David and Mike explore what the PiP extension really means for LED professionals. They discuss the tensions of local authorities being both accountable body and ‘institution‑builder’, the risk of creating neighbourhood structures dependent on town halls, and the absence of an explicit economic foundation or public service integration in the PiP model. What does a genuinely strategic approach to neighbourhood renewal look like – and can PiP be stretched to deliver it?
David and Mike unpack the “perfect storm” hitting English local government in early 2026. From the new financial settlement and outcomes framework to 52 reorganisation proposals and reinstated local elections, they explore what this blizzard of change really means for local economic development and placemaking. Is this a moment to despair – or to push for system‑level reform in how Whitehall, local democracy and LED actually work together?
What's blocking regional rebalancing and regeneration in England, and could new institutions tackle the north-south divide? In this episode, David and Mike are joined by Peter Hetherington – one of the UK’s most respected commentators on regional affairs, land use and the north south divide. Peter argues that a step‑by‑step dismantling of regional policy has left England without a national regeneration agency, spatial strategy or coherent institutional framework – and he tells LEDC what it would take to rebuild one. From the tensions between Whitehall control and genuine local autonomy, to the crisis in local government finance and the case for taking social care out of council budgets, they explore what “radical but realistic” reform might look like in practice.
Six years after the pandemic declaration, the Hallett COVID‑19 Inquiry is uncovering lessons with major implications for local economic development. David and Mike discuss enduring economic scarring, deepened health inequalities, the overlooked importance of social infrastructure, and why future LED strategies must embrace resilience, slack and the agency of hyper‑local communities. A sharp 10‑minute dive into what the Inquiry means for placemaking in 2026.
What should England’s new Visitor Levy really be used for — growing the visitor economy, boosting wellbeing, or redistributing tourism across Combined Authority areas? David and Mike unpack the Government’s 72‑page consultation, explore why England’s opt‑in model is unusual when compared to those operating in elsewhere in Europe, and discuss how varying charge levels, lobbying pressures and sub‑regional governance could shape local economic development.
As US–Europe tensions over Greenland flare and then cool (for now), David and Mike ask what this kind of geopolitical dispute really means for local economic development. They unpack how tariff threats, critical minerals, energy security and defence policy filter down into business confidence, inward investment, and local growth plans – and why LED professionals need to move from static strategies to live scenario planning that reflects an increasingly uncertain trading environment.
What does it take to turn a 50km stretch of Scotland’s Firth of Forth into a hub for sustainable growth? CEO Sarah Murray gives LEDC the inside track on the Forth Green Freeport. From unlocking £8 billion in investment and creating 34,000 jobs to embedding fair work and Net Zero principles, the Scottish Green Freeport model promises economic, social, and environmental transformation on a grand scale. But how do you balance global capital with local benefit? How do you curate investment, manage complex partnerships, and ensure communities are at the heart of change? Join LEDC as David, Mike, and Sarah unpack the lessons for economic developers everywhere.
2026 could be a year of big moves—or big misses for economic development. In this Espresso Shot episode, David and Mike share their predictions on placemaking, local growth, and the infrastructure bets that could make or break business confidence.
2025 was a year of contrasts for local economic development in the UK: progress on devolution, persistent financial fragility, and political shake-ups. In this Espresso Shot episode David and Mike look back at the stories that mattered—and what they mean for the sector in the year ahead.
Innovation districts have become a cornerstone of urban economic development—but are they truly inclusive? In this episode, David and Mike talk to Dr. Michael Glass of theUniversity of Pittsburgh about the next generation of innovation districts: ID 2.0. Drawing on international comparative research across four cities—Pittsburgh, Medellín,Newcastle, and Belfast—Michael explains how leadership, community engagement, and governance can ensure these don't become inward-looking enclaves but instead are catalysts for regional equity and opportunity. If you care about inclusive growth, urban redevelopment, and the future of innovation policy, this is an essential listen.
The UK Government’s Autumn 2025 Budget promises big changes for local economic development—but will they deliver? In this episode, David and Mike dive into the details behind the expansion of Integrated Settlements, new overnight visitor levies, Business Rate Retention Zones and more. What of the growing gap between the powers and funding available to Mayoral Strategic Authorities and non non-mayoral areas in England? Tune in for a sharp analysis of what Budget 2025 means for place-making and the future of local growth.
In this Espresso Shot episode, David and Mike unpack the UKGovernment’s £500m investment in the Oxford-Cambridge corridor. With ambitions to create “Europe’s Silicon Valley,” the episode explores whether this mix of public and private investment, statutory development corporations, and transport infrastructure is a one-off or a replicable model for other UK growth corridors. They also reflect on the political complexities, the role of local governance, and the importance of inclusive innovation. Is this a generational mission—or just another commuter belt upgrade?
In this special guest episode, LED Confidential welcomes Alex Plant, CEO of Scottish Water, for a deep dive into the role of water utilities in local economic development. With £110 billion of investment planned across the UK over the next five years, Alex shares insights on how water infrastructure can unlock housing, attract inward investment, and support climate adaptation through nature-based solutions and blue-green infrastructure.Drawing on experiences from Scotland, England, and global best practice, Alex gives his expert take on the potential of water companies as anchor institutions, the impact of ownership models, and the urgent need for strategic regional planning. From smart canals in Glasgow to wetlands in Norfolk, this episode reveals how water can be a catalyst for prosperity—if we’re bold enough to rethink how we plan and collaborate.Independent Water Commission Review of the sector in England and Wales
Is the UK’s new Post-16 Education and Skills White Paper a game-changer—or just more policy noise? Mike and David explore the future of vocational qualifications, civic colleges, and adult learning in this Espresso Shot. Listen now for a fast paced take on what it means for local economic development and local skills improvement plans.Post-16 Education and Skills White Paper
In this Espresso Shot episode David and Mike take a closer look at the New Towns Taskforce Final Report—commissioned by the UK Government. With 12 sites proposed and Development Corporations to lead delivery, the episode explores how this new wave of towns reframes post-war policy for today’s challenges. What does it all mean for the future of housing delivery, infrastructure, and economic development in the country? Tune in to learn more!Access bonus materials for this and other episodes over at the LEDC website: Bonus materials | LED Confidential
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