Grant Thornton’s economic vision
Grant Thornton UK LLP has this week launched its Vibrant Economy Commission, which will guide the leading business and financial adviser’s efforts to build a vision for a vibrant economy.
According to Dave Hillan, managing partner of the firm’s Birmingham office, the Commission is part of the firm’s bold strategic agenda to ensure insights that create lasting value for the West Midlands and wider UK economy:
He said: “As a firm we've set a bold strategic agenda anchored in our purpose of helping to shape a vibrant economy, grounded in the belief that great businesses work holistically to contribute to the system on which their sustainable growth depends.
“We will shortly be launching our West Midlands inquiry, which will convene people from the public, private and third sector to look at how we can achieve this.
“To add rigour to our work, we are delighted to be able to announce the launch of our Vibrant Economy Commission made up of external people, to oversee this work and to ensure the insights create lasting value for the West Midlands and wider UK economy.”
Grant Thornton’s Vibrant Economy Commission is made up of leading names committed to action and change, will examine the challenges and opportunities facing UK business and society.
It will focus on tackling the issues affecting companies, cities, people and communities, and identify how growth can be more equally shared to allow the UK to reach its full potential.
Through a series of nationwide inquiries, the Vibrant Economy Commission aims to stimulate new ideas and actions that will shape a vibrant economy for the UK.
The commissioners bring together diverse knowledge and insight, but a shared commitment to change.
Will Butler-Adams, Brompton Bicycle CEO and chair of the Vibrant Economy Commission, said: “The purpose of this commission is not to dictate what a better UK looks like, but to ensure collaboration across the private, public and not-for-profit sectors of society.
“I’m confident that this commission will play a key role in stimulating ideas and activity that will help create a more vibrant economy – one that realises the shared potential of the UK. One in which growth is more sustainable, prosperity more widely shared, and people and communities are better able to realise their potential.”
The commission members have put their names to a public letter calling on representatives from the business and public sector worlds to join up with community representatives to help them understand how they can shape a more vibrant economy for the UK.
The announcement follows research conducted by Grant Thornton and CEBR which found that untapping the potential of the UK’s economy could be worth up to £479bn by 2025.