Brighton & Hove Business Forum
8-11 Pavilion Buildings, Brighton, BN1 1EE
Tel: 01273 735442
© Brighton & Hove
News - 9 July 2011
In praise on an economic strategy
The new administration has declared the city's economic strategy “not fit for purpose” and promised an early review but they might find that great swathes of it not only continue to be fit for purpose but also just as relevant now as they were in 2008 when it was published.
The current strategy and the two before it have always been about delivering jobs and homes. But businesses continue to leave because they can’t find suitable employment space and we built the smallest number of homes for over a decade in 2010. Jobs & homes remain the city's greatest economic priority.
Despite the worst recession in living memory in 2008/09 there is much in the existing economic strategy that has been achieved. For example:
Others elements have been delayed by the worst recession in living memory but are still definitely in the pipeline e.g.
Others were achieved but scuppered by coalition government policies e.g.
- developing the functional economic area [B&H Diamond] was superseded by the Local Enterprise Partnership
- uncertain future funding for the Education Business Partnership.
- Innovation & Growth Team [IGT] was established but funding was subsequently scrapped with the demise of SEEDA
Nevertheless the Economic Partnership welcomes the chance to participate in the new Council’s review of the strategy for the local economy.
Read related items on:
Brighton and Hove Economic Strategy