Wednesday, April 17, 2024

Top 5 This Week

Related Posts

Vision Of Our City’s Future

A Vision for growth that could see 100,000 jobs created in Liverpool City Region has been set in motion.

A document put together by Local Enterprise Partnership (LEP), has seen predictions from economic forecasters Oxford Economics that over the next 25 years, the plan could lead to an increase of 20,000 businesses, an additional 50,000 people coming to live in the City Region and a near doubling of the size of the economy to £50billion.

The report details how sustained ambitious growth will be delivered with particular focus on three pillars – productivity, people and place.

The report, entitled ‘Building Our Future’, highlights the region’s many advantages.

These included having one of Europe’s largest health and life sciences clusters and the second highest number of high-growth firms among all LEPs.

As well as this, digital and creative business growth rates have more than doubled and investment in Liverpool2 is set to treble the capacity at the Port of Liverpool.

The City Region’s unique cultural offer is also acknowledged, as the report points out that we have more museums, theatres, galleries and listed buildings than anywhere in the UK outside London.

The report also recognises that there are areas that need to be addressed such as the gap in skills. To tackle this, a skills strategy will be developed and adopted by the summer of 2017 to significantly uplift skill levels to meet the growing needs of businesses.

Former Minister for Merseyside, Lord Hesletine attended the launch of the plan at the Maritime Museum alongside Mayor of Liverpool Joe Anderson who is also Chair of the Liverpool City Region Combined Authority.

The report’s vision for the future is to see growth in many sectors including advanced manufacturing, digital and creative, visitor economy and maritime and logistics, with the ambition to be the Global Logistics Hub for northern UK and Ireland.

It also envisages a City Region that is green, global and digital, that develops existing skills whilst also attracting new talent.

Joe Anderson said: “The timing of this document is crucial as we enter a momentous phase for Liverpool City Region following our devolution agreement with government, a milestone which means we are better able to shape our own future.

“The report builds on our great assets and potential and creates a single vision to realise our aspirations over the next 25 years.”

Welcoming the report, Lord Hesletine said: “This report is crucial to the development of the Northern Powerhouse and I would like to congratulate all those involved in producing such a clear strategy.

“Having been involved with Liverpool for many years I am proud to see how far it has come.

“The renaissance I have witnessed here is truly extraordinary and the billions invested is a vote of confidence in the collaborative work that is happening today.”

The report can be downloaded and read in full from the Liverpool LEP website


Popular Articles