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Posted on:
28th September, 2019

Biggest economic research by Coast to Captal LEP sets future pace of growth

Coast to Capital has launched a consultation on the economic profile of the area which is the biggest piece of research undertaken to date into the economy and the area’s potential.

Biggest economic research by Coast to Captal LEP sets future pace of growth

This consultation and analysis will inform Coast to Capital’s Local Industrial Strategy which will be negotiated with government early next year and, when published, will prioritise intervention and investment in the local area.  This is in addition to the £300 million that Coast to Capital has already invested into a wide range of projects to regenerate our towns and cities.

It is vital that the economic profile accurately reflects the diverse nature of the Coast to Capital economy and can demonstrate to Government the area’s strengths and opportunities for economic growth.  It is informed by updated data sets and five specific research studies on urban centres; skills and the labour market; commercial property; innovation ecosystems and digital connectivity.

The Economic Profile was presented to around 150 stakeholders and partners at the Coast to Capital AGM in Epsom, Surrey at the beginning of September.  At the event, the audience heard that our highly diverse towns and cities have a range of needs and opportunities including high quality business space, affordable housing, comprehensive full fibre coverage and investment in natural capital.  

Jonathan Sharrock, Chief Executive at Coast to Capital said:

 

“We are encouraging businesses, public sector and education sector organisations, and individuals to review the findings and conclusions in the Economic Profile and identify if there is anything that can be added to strengthen the evidence.  Responses to the consultation will help shape the priorities that we will bring forward to Government.”

 

The deadline to respond is 31 October 2019 and for more information about how to respond to the consultation, please visit our website coast2capital.org.uk/lis-consultation. To find out more about the Local Industrial Strategy visit coast2capital.org.uk/lis