cpier business briefing gcp agm...growth to 2016. source: ons regional account. note –figures...
TRANSCRIPT
CPIER Business Briefing GCP AGM
DAME KATE BARKERChair, CPIEC
Summary of review 14 key recommendations, and 13 subsidiary recommendations:◦ Infrastructure◦ Housing◦ Spatial Planning◦ Health and Well-being◦ Early Years, Education and Skills◦ Market Towns◦ Governance
Economic GrowthThe GVA target in the Devolution Deal
Strong evidence for exceptional employment growth
Business Employment Growth outperforming official figures
Industrial strategy – a systems approach needed
Complementarity of KI and non-KI sectors
Inclusive Growth Clear inequalities in productivity:
Growth in GVA per head
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
Cambridge South Cambridgeshire Peterborough Huntingdonshire Fenland East Cambridgeshire
2001 Growth to 2016
Source: ONS Regional Account. Note – figures unadjusted for inflation
The risk to the economy Base Case modelling – damage caused by housing and infrastructure costs
Empl
oym
ent (
1000
’s)
Infrastructure
Governance
Move to implementationMayor James Palmer has accepted the fourteen key recommendations
A need now for prioritisation
A clear spatial and transport plan
Central government engagement
Fiscal devolution requires strong case and sound proposals
Keep focus on well-being of all
http://www.cpier.org.uk/final-report/