Anchoring Growth: The role of 'Anchor Institutions' in the regeneration of UK cities
Produced by The Work Foundation for The Northern Way
01 January 2010
Anchor institutions have always been key actors in the economic, social and cultural life of a town or city but they assume renewed significance in light of current economic circumstances. Amidst public sector cutbacks and low levels of private sector confidence, it is clear that making the most of existing assets like anchor institutions will be vital for towns and cities across the United Kingdom. Capitalising on these assets, including the ‘sunk investment’ represented by buildings and existing labour force, represents an opportunity to mitigate the impacts of recession and do better in recovery.
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