Following the implementation of Brexit, what is the likely impact of lost investment and delivery, and how can the case be made for future investment in driving inclusive growth?
This paper – prepared by Voluntary Sector North West on behalf of VS6, the partnership of Voluntary Sector support organisations based in the city region – packs some seriously punchy estimates of potential adverse economic impacts on the city region post-Brexit.
The statistical forecasts contained in the report are solely calculated in relation to current Voluntary Sector-led delivery of ESF projects in the LCR, but it begins to paint a worrying picture of the future if current EU funding levels for skills and employment support aren’t maintained locally post-Brexit – especially when you think about multiplying the figures up to include all ESF-funded provision in the area. (Putting it in to perspective, the voluntary sector only leads on approx. 30% of current ESF initiatives across the LCR, so this just represents the tip of the iceberg).
Follow the link below to download the document.
Also attached underneath is a brief overview of the VS6 partnership for your information.