What next for securonomics? English devolution and economic resilience

Hickson, James ORCID: 0000-0002-9933-0442 and Heseltine Institute for Public Policy, Practice and Place (2026) What next for securonomics? English devolution and economic resilience [Report]

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Executive Summary

Key takeaways • Remaining critical to political discourse, ‘securonomics’ emphasises that, in an era of global volatility, government must demonstrate its capacity to deliver economic security and stability if it is to maintain popular consent and contain the rise of political extremism. • However, the significance of place and local leadership within this agenda, and the potential implications for English devolution, have been under examined. • Whilst increased autonomy for local leaders is presented as essential to the meaningful delivery of securonomics, the direction of economic policy under the Labour government has, since 2024, continued to be set centrally to a significant extent. • With a new administration set to enter Downing Street with a commitment to greater devolution of power and resources to the regions, government should now fulfil the promise of securonomics and support Mayoral Strategic Authorities (MSAs) to play a much larger role in developing the UK’s economic resilience from the bottom-up. • Providing MSAs with the freedom to deliver on local plans for economic resilience should now be established as an explicit rationale for further devolution of powers and resources, including plans for fiscal devolution.

Item Type:	Report
Depositing User:	Symplectic Admin
Date Deposited:	14 Jul 2026 10:58
Last Modified:	14 Jul 2026 11:25
DOI:	10.17638/03194542
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3194542
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