Decision details

Economic Recovery, Renewal & Transformation Strategy

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The COVID-19 public health crisis continues to impact on the local, national and global economy, whilst also presenting opportunities for the future development of the Staffordshire economy. It is important that Staffordshire County Council is able to articulate what it wants to achieve for the economy of Staffordshire through the national recovery process. As such our draft Economic Recovery, Renewal & Transformation Strategy sets out our priorities for the next five years to respond to the COVID-19 crisis and subsequently recover, renew and transform the local economy.

Decisions:

 

“The role of the county council is central to supporting everyone during these changing times, and indeed the recovery and renewal of our economy is already under way.

 

As well as continuing to invest in the conditions all businesses need to thrive, the current situation has also presented us with opportunities to further develop the Staffordshire economy by supporting the creation of those clean, digital, highly productive businesses that will provide the jobs of the future.

 

Our five-year Economic Recovery and Renewal Strategy is a roadmap to regrowth and a renewed economic landscape. It includes our approach to supporting new businesses to become established, robust and thrive. Including the refurbishment of previously unused parts of the in-demand Cannock Chase Enterprise Centre, and the expansion of the Silverdale centre to create much needed extra workshop space.”

 

Philip Atkins OBE, Leader of the Council

 

Reasons for the Decision To consider the Council’s Economic Recovery, Renewal and Transformation Strategy which sets out its priorities for the next five years to respond to the COVID-19 crisis and subsequently recover, renew and transform the local economy. 

 

Decision – (a) That the Economic Recovery, Renewal and Transformation Strategy be approved.

 

(b) That the Leader of the Council, Cabinet Member for Economic Growth and Cabinet Member for Learning and Employment take the Strategy to the next available Prosperous Select Committee for consideration and input.

 

(c) That the Leader of the Council, Cabinet Member for Economic Growth, Cabinet Member for Learning & Employment and Director for Economy, Infrastructure & Skills be authorised to continuously review the Strategy due to changes in economic circumstances.

 

(d) That, working with those Cabinet Members with associated responsibilities, the Director for Economy, Infrastructure & Skills be authorised to progress the development of supporting delivery plans, working with our partners as appropriate.

 

(e) That, as part of the delivery of the Strategy, the progression of the extensions to the Cannock Chase and Silverdale Enterprise Centres, including investment of £355,850 from Staffordshire County Council borrowing and £150,000 for the Cannock Chase scheme from the joint County Council and Cannock Chase District Council Pye Green Investment Fund, be approved.

 

(f) That Cabinet Members communicate the new £0.360m Staffordshire County Council start-up support scheme with their communities and across the county to maximise the benefit of the scheme in supporting people at risk of redundancy to start their own business.

Report author: Matthew Shufflebotham

Publication date: 18/06/2020

Date of decision: 17/06/2020

Decided at meeting: 17/06/2020 - Cabinet

Effective from: 24/06/2020

Accompanying Documents: