▁million ▁over ▁ 4 ▁years . ▁▁ ▁These ▁two ▁ren eg oti ations ▁enabled ▁Cl ancy ▁to ▁shield ▁the ▁city ▁from ▁£ 3 5 ▁million ▁of ▁further ▁cut s ▁to ▁the ▁city ’ s ▁services ▁in ▁the ▁first ▁year ▁of ▁their ▁effects . ▁ ▁P ensions ▁ ▁Cl ancy ▁has ▁written ▁extens ively ▁on ▁public ▁sector ▁p ensions ▁and ▁is ▁regularly ▁quoted ▁in ▁the ▁U . K . ▁national ▁media ▁on ▁the ▁subject . ▁▁▁ ▁His ▁research ▁work ▁at ▁B irmingham ▁City ▁University ▁is ▁based ▁at ▁the ▁Centre ▁for ▁Bre x it ▁Studies , ▁and ▁the ▁Centre ▁for ▁Regional ▁Econom ic ▁Development ▁and ▁In vest ment ▁( C RED IT ). ▁▁▁ ▁During ▁the ▁B RE X IT ▁process ▁Cl ancy ▁question ed ▁the ▁status ▁of ▁the ▁EU ▁Commission ’ s ▁un fund ed ▁P ension ▁Sch eme ▁and ▁whether ▁the ▁U . K .’ s ▁li ability ▁for ▁future ▁pay ments ▁post - B RE X IT ▁were ▁accurate ▁or ▁existed ▁at ▁all . ▁▁▁ ▁His ▁book ▁The ▁Secret ▁We alth ▁Garden ▁- ▁re w iring ▁local ▁government ▁p ension ▁funds ▁into ▁regional ▁econom ies ▁( 2 0 1 4 ) ▁introduced ▁to ▁a ▁wider ▁world ▁the ▁area ▁of ▁U . K . ▁Local ▁Government ▁P ension ▁Fund s . ▁ ▁He ▁is ▁C . E . O . ▁of ▁P ension ▁Fund ▁Analysis ▁Limited . ▁ ▁Background ▁ ▁He ▁co - author ed ▁B logs ▁from ▁the ▁Black st uff ▁– ▁The ▁case ▁for ▁re w iring ▁the ▁economy ▁( 2