CPIER Business Briefing GCP AGM...Growth to 2016. Source: ONS Regional Account. Note –figures...

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/