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Enhanced Knowledge Economy Could Boost Typical UK High Street by £30 Million, Reveals New Think Tank

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© Business Wire 2014
2014-03-04 01:02:03 -

The Foundation’s inaugural report, The Future High Street.

Perspectives on living, learning and livelihoods in our communities, uses an economic model with emphasis on business services and the knowledge economy, which was applied to three example UK towns and cities – Barnsley, Swindon and Stoke-on-Trent. In Stoke-on-Trent alone, the annual increase to the local economy was found to reach £30.3 million and the number of new jobs created totalled 642.

Based on these findings, The Future Spaces Foundation is calling for three things.

- A renewed focus on bringing learning opportunities into the centre of towns and cities when considering the expansion of existing facilities or development of new ones
- Greater community empowerment in the planning process, including the formation of a

youth consultation panel to ensure the opinions of future generations are considered
- Simplification of planning processes to enable town centre buildings and sites to be converted to uses that match demand

The Future Spaces Foundation was established in 2013 by Ken Shuttleworth, founder of Make Architects, to undertake new thinking to inform the future of the spaces we live in.

The Foundation is made up of an independent panel of experts. The diverse nature of the panel means that the Foundation can explore a wide range of socio-economic, demographic and technological factors that affect the way we live and work and the impact they have on the spaces we live in.

The Future Spaces Foundation panellists are.

Dr Ken Shuttleworth, Founder, Make ArchitectsJohn Prevc, Founding Partner, Make ArchitectsPaul Swinney, Senior Economist, Centre for CitiesGavin Kelly, Chief Executive, The Resolution FoundationAlan Davey, Chief Executive, the Arts Council EnglandEmeka Egbuonu, Community and anti-gang worker and authorAndrew Stevenson, Senior Lecturer, Department of Psychology, Manchester Metropolitan UniversityKeith Clarke CBE, Built Environment Industry ExpertStephen Lucas, EconomistJames Bellini, FuturologistDr Peter Jones, Professor of Transport and Sustainability, University College LondonAnnemarie Naylor, Director, Common FuturesSean Gillies, Executive Director, Retail, Savills

Follow us on Twitter: @futurespaces : .. Download the Foundation’s report at : ..

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Future Spaces FoundationRobert Arnott+44-(0)-20-7331-5361 :

Hossam Abdel-Kader
Phone: +43 1 9582319

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