Another step forward for economic strategy

Date Added: 10/12/2020

Councillors recommend its adoption
Our Executive Committee has unanimously agreed to recommend the draft economic strategy to full council for adoption and to underpin it with an annual intervention plan and progress report.

The economic strategy is designed to frame the delivery of our long-term economic aspirations.

The overarching principle is to build local prosperity, via a people-centred approach to economic growth, directing wealth and prosperity back to local business and communities.

It is underpinned by six interlinked economic themes. These are skills for the future, supporting businesses, creating sustainable places for the future, maximising opportunities with neighbours and embedding the council in the local economy. The economic strategy will replace the previous 2011 economic development plan.”

Before the draft came to executive, we carried out a public consultation exercise. More than 600 responses were received, of those 579 were from residents.

The most important areas identified were the importance of diverse and flourishing local businesses, support for business survival, enabling remote working, providing modern workspaces and helping residents develop skills for the future.