CPIER Business Briefing GCP AGM DAME KATE BARKER Chair, CPIEC - PowerPoint PPT Presentation

CPIER Business Briefing GCP AGM DAME KATE BARKER Chair, 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 Growth The 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 45000 40000 35000 30000 25000 20000 15000 10000 5000 0 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 Employment (1000’s)

Infrastructure

Governance

Move to implementation  Mayor 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/