Development of a new Economic Strategy
- Meeting of Economy and Place Policy and Scrutiny Committee, Wednesday, 12 February 2020 5.30 pm (Item 50.)
This report updates Members on the development of a new Economic Strategy. The Executive Member for Economy and Strategic Planning will be in attendance.
Following the consideration of a report on developing York’s economic strategy and partnership by the Executive Member for Economy and Strategic Planning at his decision session on 17October 2019, Members considered a report that provided an update in the development of a new Economic Strategy.
The Executive Member for Economy and Strategic Planning, Assistant Director for Regeneration and Asset Management and the Head of Economic Growth were in attendance to present the report. The Executive Member advised that the new Economic Strategy was in development and there would be a transition in the jobs market. He added that the government was currently developing a new industrial strategy. The Head of Economic Growth gave a presentation on the York Economic Strategy 2020-2025.
Following the presentation, Members raised a number questions to which the Executive Member and officers responded that:
· With regard to a lack of resident representation on the My City Centre consultation and a lack of employee representation on the Economic Strategy consultation board, it would be good to have representation from different groups and this would be welcomed as part of the consultation.
· The view of market traders in relation to MiY was welcomed and the need to review the Service Level Agreement (SLA) was acknowledged, particularly in view of the support needed by businesses in leaving the European Union (EU).
· There would be a virtual network that would ensure that people could be involved in the consultation if they could not commit to attending meetings. The council wanted to make sure that a two way dialogue was established especially in regard to inclusive growth.
· There was a commitment in the Council Plan in relation to the role each group and governing body would play in the development of the economic partnership.
· In regards to the statistics used, the earnings of residents is higher compared to earnings by employment.
· It was hoped that the economic partnership would arise from the twelve groups included in the consultation. There was a desire to include all groups and a request for extra funding to facilitate this had been put forward.
· The Economic Strategy would be an ongoing process.
· In respect of including the outlying areas of the city, for example villages, farms and rural shopping areas, all geographical areas would be covered.
· With regard to York Central, the building use types in the planning application were specifically grade A offices and ancillary businesses and the council was looking to support small businesses in that mix. It was clarified that the council was contributing to the occupier strategy along with other York Central landowners.
· With regard to sustainable growth and reducing carbon emissions, there was a need to make better use of resources as a city and carbon counting would become a part of the process.
· Concerning the threshold for proposed use types in York Central, Permitted Development (PD) rights would last approximately 15 years.
The Executive Member for Economy and Strategic Planning, Assistant Director for Regeneration and Asset Management and the Head of Economic Growth were thanked for their update.
Resolved: That the update on the development of the new Economic Strategy be noted.
Reason: In order to be updated on the development of the new Economic Strategy be noted.
- Development of a new Economic Strategy Report, item 50. PDF 295 KB
- Annex A - Developing the York Economic Partnership and Strategy, item 50. PDF 224 KB
- Annex B - Economic Strategy timeline, item 50. PDF 331 KB