Issue - meetings

Sefton Economic Strategy Action Plan update

Meeting: 25/11/2024 - Overview and Scrutiny Committee (Regeneration and Skills) (Item 25)

25 Sefton Economic Strategy Action Plan Update pdf icon PDF 3 MB

Report of the Assistant Director - Economic Growth and Housing

Additional documents:

Minutes:

Further to Minute No. 47 of the meeting held on 5 March 2024 the Committee considered the report of the Assistant Director – Economic Growth and Housing that updated on progress with the Sefton Economic Strategy (the Strategy) Action Plan for the period April - September 2024.

 

The report indicated that the Strategy set out the Council’s framework and delivery for services providing support to the local economy and was aligned with Sefton 2030 Vision; that it was also being aligned with the emerging Liverpool City Region Combined Authority’s emerging Growth plan; and that Cabinet approved the framework strategy on 3rd November 2022 and gave authority to the Assistant Director - Economic Growth and Housing, in conjunction with Cabinet Member - Regeneration, Economy and Skills, to approve the subsequent Action Plans that were reported to this Committee.

 

In respect of the Strategy the report provided information on:

 

·       Governance and reporting

·       Economy

·       Business Growth and Employment

·       Business Growth and Investment

·       Partnership working

·       Cross Council activities

·       Inward Investment

·       Southport Business Recovery Fund

·       Employment and Opportunities for work

·       Regenerated Places – Growth and Strategic Investment Programme

·       Regenerated Places -Tourism

·       Summaries of other Strategy objectives and subsets

 

The report concluded that the work identified in the Strategy provided a basis for the continuance of the Council’s commitment to sustainable and inclusive economic growth for Sefton; and sought feedback on the Strategy.

 

The Sefton Inward Investment Prospectus summary and the Sefton Economic Strategy performance dashboard July-September 2024 were attached as appendices to the report.

 

Members of the Committee asked questions/commented on the following issues:

 

·       thanks were given for the thorough report

·       economic growth across the borough

 

RESOLVED:

 

That the update on progress with the Sefton Economic Strategy (the Strategy) Action Plan for the period April - September 2024 be noted.