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East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Presentation by
Alan MenziesDirector of Planning and Economic
RegenerationEast Riding of Yorkshire Council
BUILDING FUTURES, EAST RIDING 14-19 EVENTTuesday, 14 February 2012
FUTURE ECONOMY
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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The Local Business Economy
12,679 businesses operate in the East Riding
• micro firm: 0 - 10 employees 11,125(87.7%)
• small firm: 11 - 49 employees 1,208(9.5%)
• medium firm: 50 - 199 employees 287(2.3%)
• large firm: 200 + employees 59(0.5%)
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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East Riding Context
• Population for East Riding is approx 337,000 and rising
• The GVA produced by the East Riding is £4,347bn.
• GVA per head is £13,055, this is 63% of the England average of £20,458
• The East Riding shares a close economic relationship with Hull. 28.8% of its population
travel to Hull for employment. 11% of East Ridings' workforce reside within the Hull
boundary
• The East Riding economy is diverse with Ports & Logistics, Agriculture and Food
Manufacture, Tourism, Chemicals, Advanced Engineering and Energy Generation all
being important sectors, with Renewables an emerging key growth sector.
• The unemployment JSA rate in the East Riding is currently 3.3% (Y&H 4.5% UK 3.8%)
• Workplace-based skills and earnings are significantly below household-based
• Deep pockets of economic deprivation exist in some areas, especially, Bridlington, Goole SE Holderness, Beverley and Cottingham.
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Local Economic Context
Source: ONS April 2010 – March 2011
ERYC(Numbers)
ERYC(%)
Hull(%)
Y&H(%)
GB(%)
Economically Active
172,500 79.9 72.7 75 76.2
In Employment
162,500 75.1 62.5 68.4 70.3
Employees 139,800 65.8 56.3 59.6 60.8
Self Employed
22,300 9.2 5.5 8.2 9.0
Unemployed
10,200 5.9 14.1 8.7 7.6
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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East Riding of Yorkshire Economic Development Strategy
2007-2011 New Strategy at an advanced stage for 2012-2015 – LSP owned
Key themes: -- LEP / EZs / RGF – Renewables- Support other inward investment- Support and grow new business and self-employed- Improve vocational skill levels- Support existing employers to develop and grow where possible- Worklessness - NEETS/Work Programme/OWEN/Wheels to Work/
Training Centres/Apprenticeships- Education Business Partnership
Local Authority Schools Academies Further Education/Higher Education
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Carnaby Industrial Estate
M62/A63 Corridor
A1079 Corridor
East Riding Strategic Transport Corridors &
Development Sites
Paull - Saltend Site
Goole - Centerport Site
Howden – The Ozone
Howdendyke
PocklingtonIndustrial Estate
Newport – J38
Melton Park
Hessle – Bridgehead Sites
KelleythorpeIndustrial Estate
Market WeightonIndustrial Estate
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East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Sites – Capitol Park Goole
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Sites – Ozone Howden – J37 M63
32 acres
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Sites – HowdendykeSites – Newport Green Park – J38 M62
18.5 acres
M62J38
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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100 acres
Sites – Melton Business Park – A63
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Sites – Melton West – A63
100 acres
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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47.5 acres
Sites – Humber Bridgehead, Hessle -A63
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Sites – Paull – Saltend Site
200 acres – Enterprise Zone status
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Which LEPs are the ERYC involved in?
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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York & North Yorkshire LEP
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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York and North Yorkshire LEP
Strategic Priorities of the York and North Yorkshire LEP are:• Agri-Food;• Tourism;• High Speed Broadband;• Business Support;• Business Networks;• Coastal Regeneration; and• Skills and Training.
Private Sector Chair in place – Barry Dodd – GSM Group
Board Members Include :- Councillor Parnaby, Shaun Watts (Chameleon Business Interiors)
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Humber LEP
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Hull, East Riding and Scarborough Partnership
Lead on place shaping
Lead on tourism – Yorkshire Wolds/Coast Brand
Identify local transport/infrastructure priorities
Co-ordinate responses to local economic shops
Lead on rural economy issues
Ensure local authority led policy/decision making on Planning, Transport,Housing and Local Asset Management contribute to LEP priorities
Prioritise local capital programmes and apply for external funding for localgrowth and regeneration
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Future Opportunities – Offshore Wind
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Future Opportunities – Offshore Wind
• 1,000 turbines must be built every year until 2020
• 3 of the largest off shore zones, each with thousands of turbines, can be
reached within 12 hours sailing time from Hull
• 10,000 real jobs for Hull, the East Riding and the wider Humber region
• Green Port Hull is deliverable by 2014
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Future Opportunities – Offshore Wind
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Enterprise Zones Benefits
• A 100 per cent business rate discount worth up to £275,000 over a five year period, for businesses that move into an Enterprise Zone during the course of this Parliament;
• All business rates growth within the zone for a period of at least 25 years will be retained and shared by the local authorities in the Local Enterprise Partnership area to support their economic priorities;
• Government and local authority help to develop radically simplified planning approaches in the zone; and
• The Government will make enhanced capital allowances for investment in plant and machinery available in designated areas within a limited number of Enterprise Zones. This is only available where the Government and Local Enterprise Partnership agree that it is better for the local economy to focus on a smaller number of companies making significant capital intensive investments. The vast majority of Enterprise Zones will retain a focus on attracting greater volumes of companies through business rate discounts.
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Humber Enterprise Zone and Regional Growth Fund
• EZ bid approved by DCLG,17/08/2011
• 374 Hectares of land available
• Potential of attracting 4 wind turbine manufacturers
• Potential 12,500 jobs
• Regional Growth Fund (RGF) bid for North Bank sector support - £25.7m
• Both building on the potential Siemens investment and other off-shore wind turbine manufacturers.
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Enterprise Zone and Regional Growth Fund (cont’d)
RGF bid submitted 01/07/2011North Bank only (Hull & ERYC)Circa £30m investment into:-
• Secure large inward investment into the region
• Assist local businesses to enter the supply chains of Siemens and their suppliers.
• Facilitate training opportunities for local people.
• Address infrastructure constraints impinging on opportunities in the sector.
• Establish Hull as a Centre for R&D for the Renewables industry.
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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BAE Systems Announcement – 27th September2011
• 3,000 jobs losses at its UK plants.
• Commenced consultation on ending the manufacturing capability at the Brough site which would result in 899 job losses
• Chancellor of the Exchequer’s invitation to Humber LEP to draw up proposals for new Enterprise Zones to be operational by April 2012 (as with all the other Enterprise Zones).
• The Humber LEP and its partners have worked up a complementary proposal comprising of 150ha of land and existing buildings, to enhance the delivery of the original Humber Green Port Corridor Enterprise Zone (HGPC EZ).
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Sites – HowdendykeSites – Brough – BAE Systems Site
M62J38
265 acres
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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Recent & Approved Investment Projects
£65m investment in RegionalDistribution Centre (RDC) 650 jobs
£240m investment 470 jobs created
Wren Kitchens£19m Investment - 350 jobs
Elliott Group£3m Investment – 90 jobs
JZ Flowers £3m Investment
250 safeguarded jobs
Heron Foods£19m Investment – 50 Jobs
Investment in Eco Store at Hornsea- 270 jobs
Biowise £5m Investment
GWE Biogas£10m Investment – 15 jobs
Recent Investments
Allam Marine60,000 sq ft office & factory
Expansion – 20 jobs
East Riding of Yorkshire CouncilCounty Hall BeverleyEast Riding of Yorkshire HU17 9BATelephone 01482 887700 • www.eastriding.gov.uk
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QUESTIONS?