Wednesday 19 December 2018

Economic Development

Summer Budget 2015

The Chancellor George Osborne delivered the first Budget following the General Election to the House of Commons on Wednesday 8th July 2015. The key announcements that could impact on local government in the East Midlands are detailed in the summary below:

Summary of the Summer Budget 2015

Budget 2015

The Chancellor George Osborne delivered his last Budget before the General Election to the House of Commons on Wednesday 18th March 2015. The key announcements that could impact on local government are detailed in the summary below:

Summary of the Budget 2015

Autumn Statement 2014

The Chancellor George Osborne delivered his Autumn Statement to the House of Commons on Wednesday 3rd December 2014. The key announcements that could impact on local government are detailed in the summary below:

Summary of Autumn Statement 2014

The East Midlands: An Excellent Investment Opportunity!

The Rt. Hon. Greg Clark MP, Minister of State (Cities & Constitution), and Toby Perkins MP, Shadow Minister for Small Business and Enterprise attended a joint reception to promote ‘Local Growth in the East Midlands’ on the 10th December in Westminster (4.00pm-6.00pm). The event, which was Chaired by Cllr Paul Bayliss, Leader of Derby City Council, was organised by EMC, the East Midlands All Party Parliamentary Group and LEPs, and gave Greg Clark and Toby Perkins the opportunity to hear from a range of high profile speakers including Cllr Jon Collins, Leader of Nottingham City Council and Chairman of EMC, regional MPs Chris Heaton-Harris and Jon Ashworth and Peter Richardson, Chairman D2N2 LEP, on why the East Midlands has huge potential for export-led growth.

Agenda for Westminster Reception 10 December 2013

A new joint document was also launched which set out the potential for the East Midlands to deliver higher levels of growth in the national interest:

The East Midlands - An Excellent Investment Opportunity!

Clip from BBC East Midlands Today 10 December 2013 following Westminster Reception:

One Day short-courses being offered by Nottingham Business School

EMC has agreed a 10% discount for its members wishing to undertake one or more of three one-day courses being offered by Nottingham Business School. The first Economic Assessment equips delegates with how to source and utilise statistics appropriate for use in the production of economic assessments. The second Economics for Evaluation will give non-economic specialists a functional understanding of key economic concepts and data involved in economic impact evaluation. The third Successful Bid Writing is aimed at non-specialists who need to deal confidently with the economic aspects of bid writing. All three courses are suitable for local government officers at all grades and will be charged at £247.50 + VAT each (with EMC discount applied). For further information on when these courses will next run go to www.ntu.ac.uk/nbsshortcourses or contact elizabeth.hustlerwraight@ntu.ac.uk.

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Employment Land Study Source Book - June 2012

This Employment Land Study (ELS) Source Book is aimed at bridging the gap between past work on Employment Land in the East Midlands, and supporting local authorities in adapting to the requirements of the National Planning Policy Framework (NPPF). The document is prepared like a toolkit, offering a process that can be followed as best practice, with advice and recommendations on how a collaborative approach could benefit work.

The Source Book can be used by individual local authorities or jointly by local authorities working in cooperation. There will be elements that will not suit some local authorities in how they wish to pursue ELS. This Source Book aims to be comprehensive in covering all aspects in ELS preparation.

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ELS Sourcebook (June 2012)

Fit for the Future

Fit for the Future front coverEast Midlands Councils, in partnership with East Midlands Regional Improvement and Efficiency partnership commissioned ‘Fit for the Future’ study to help local authorities share good practice in response to the recession. This project has been overseen by a small Advisory Board comprising:

  • Cllr Jim Harker, Leader, Northamptonshire County Council (Conservative)
  • Cllr Martin Hill, Leader Lincolnshire County Council (Conservative)
  • Cllr Robert Parker, Lincolnshire County Council (Labour)
  • Cllr David Perkins, Northampton Borough Council (Liberal Democrat)

The report has been based on interviews with the Head of Economic Development, or equivalent, in every Council in the East Midlands, interviews with a range of non-local authority partners and analysis of the impact of the recession and the potential impact of reductions in public sector employment on the East Midlands. It includes the following case studies:

  • Derby City Council’s ‘Trains, Planes and Automobiles’ research into the key sectors underpinning manufacturing in the City
  • Bassetlaw District Council’s joined up local and small business based response to the recession
  • Leicestershire County Council and Leicester City Council’s Total Place pilot
  • Nottingham City Council’s ‘Whole Council’ corporate response to the recession
  • East Lindsey District Council’s Courts Service; a family based service supporting individuals at risk of losing their home developed specifically in response to the recession
  • The iCon centre in Daventry, a national centre of excellence in construction offering opportunities around construction during the recession

The report finds that the recession hit communities and businesses increased demand for services and its impact on public finances has increased the pressure on Councils’ budgets. Councils across the region have undertaken a huge range and variety of activity to support communities and business to recover from the recession. Activity ranged from small projects to ambitious multi-agency partnerships. Not everything that Councils have done has been universally effective, but all Councils have responded. The report does not identify one approach to supporting the local economy that would be replicable in every area, but we have uncovered a wealth of good practice that every Council can learn from.

Economic circumstances and the challenges Councils face continue to change and Councils will continue to develop new and innovative ways of responding. This report can only be a snapshot at one point in time. There is scope for local authorities to work together to continue to share good practice in supporting local economies.

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