Economics
Since its formation in 1986, TBR has been involved in economic research, creating knowledge and insight that contributes to the creation of better policies to support economic development. TBR recognises that policy makers rely upon robust evidence to inform and guide economic strategies and policies. Our research distils clear, insightful messages that expand clients’ understanding of the economic landscape in which they operate.
The current economic climate and rate of change taking place within the UK and global economy has heightened the need for accurate economic analysis. Central to our provision of such analysis is the TBR Observatory, a specialist team of data specialists and analysts. The TBR Observatory also maintains TCR, the largest longitudinal business dataset in the UK, comprised of over 3.5 million UK businesses.
As well as executing analysis of existing data (both qualitative and quantitative), TBR consultants are skilled in a multiplicity of other research methods such as literature and policy analyses, stakeholder consultation, GIS mapping, evaluation and forecasting, action plan and recommendations development, and policy/strategy design. TBR has delivered a broad variety of interesting and influential projects in the UK economic development sphere.
The key research services that we offer within our economic research domain are;
- economic assessment, appraisal and impact assessment
- sector and cluster mapping and development
- project and programme review, monitoring and evaluation
- data gathering, analysis, presentation and toolkit development
- business planning and feasibility testing
The skills and knowledge possessed by our team that allows the delivery of such projects can be applied to an enormous range of specific research enquiries and studies. A small selection of such examples are given below.
Clients
TBR brings considerable expertise in economic research and understanding to the connections between people, businesses, geographic areas, skills, learning opportunities and strategic partnerships. We work with a large variety of clients including; central government, local authorities, local enterprise partnerships, regional development agencies, partnerships, sector and cluster development bodies, private sector companies and other organisations with a need for economic or market intelligence and research.
Types of Projects
TBR places robust data at the heart of its work. Our team of highly qualified consultants ensure that work is efficient and effective. Some examples of the types of project we deliver in our economics domain are listed below:
High growth businesses & sectors
- Mapping and identifying high growth businesses.
Supply chain, cluster & key market analysis
- Bespoke sectoral analyses of offshore windfarm sectors and supply/value chain analysis.
- Detailed historical analysis – with no ‘breaks in data’ back to 1996 Cluster Mapping.
GVA gaps & drivers
- Local authority level productivity outputs.
Impact of start-ups & closures
- Segmenting/mapping business data beyond publicly available 4-digit SIC classifications/restrictions.
Functional Economic Area analysis
- Investigating functional economic areas and providing detailed economic analysis.
Market profiling
- Supplying ‘target’ lists of businesses – e.g. top 50 employers.
- Identifying inward investment.
Demand for employment land & LDF support
- Employment land use analysis for local development frameworks.
Mapping businesses (high growth, micro, sector specific)
- Micro-business mapping – profiling the 0-5 cohort.
- Sector analysis.
- Identifying and assessing the role of home-based businesses in an economy.
Case Studies
We have a number of Case Studies which are available to download (.pdf) for you to understand the work we engage in, these include:
- A project investigating High Growth Businesses and their prevalence in the local authority for Camden Council.
- An economic cluster project investigating the spread of economic clusters for Department for Trade and Industry (DTI - now BIS)
- An investigation into the economic benefits of the World Heritage Status inscription; including the transferability of this designation and tourist revenues for the Lake District World Heritage Project
- A detailed investigation into the Food and Drink Sector in the East Midlands for the East Midlands Development Agency (EMDA).
Much of our work in our other areas of expertise can be applied to research in the economic sector - view our other pages to read more about our research in those areas:
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Contact us
Contact Andrew Graves to find out more about our research and consultancy services in economics.
- Email Andrew here
- Telephone us on 0191 279 0902
Get in touch with us if you have a query or would like more information on TBR and our work:
- Email us on info@tbr.co.uk
- Telephone us on 0191 279 0900
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