The Picture in East Sussex
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Transcript of The Picture in East Sussex
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The Picture in East Sussex
James Harris
Acting Assistant Director - Economy
East Sussex County Council
James Harris
Acting Assistant Director - Economy
East Sussex County Council
The Picture in East Sussex
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Economic context
• EasEast Sussex is a county of contrasts t Sussex is a county of contrasts
• Still have areas of deprivationStill have areas of deprivation
• Economy dominated by small/medium businessesEconomy dominated by small/medium businesses
• Some sector strengths e.g. advanced manufacturingSome sector strengths e.g. advanced manufacturing
• Transport and infrastructure challengesTransport and infrastructure challenges
• Relatively low economic productivity - GVA 69% of UK Relatively low economic productivity - GVA 69% of UK averageaverage
• Job Job SSeekers Allowance claimant rate - eekers Allowance claimant rate - 2.5% (lower than 2.5% (lower than national average, but higher than the South East)national average, but higher than the South East)
Most deprived Least deprived
Index of Employment Deprivation 2010
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Why is economic growth important?• Improve quality of life of residents
• Reduce deprivation and demand for services
• Central government changes to local government funding
We need to provide an environment in which businesses can flourish
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East Sussex is on the up…
• Economic performance improving GVA up 6% since 2009
• Job Seekers Allowance (JSA) claimants lowest number since December 2008
• More qualified residents since 2001
• Significant investment in economic interventions during a period of financial austerity
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East Sussex assets• High quality natural environment – AONB, National Park,
heritage coast
• Strong cultural offer – Glyndebourne, Charleston, Jerwood, De la Warr, Towner
• Strong political support for economic development across the county
• Varied SME base – less vulnerable to ‘economic shocks’
• Working in partnership …
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District & Borough Councils
South East Local Enterprise Partnership
Locate East Sussex/Let’s Do Business Group
East Sussex Rural Partnership
SeaChange Sussex
Local Partnerships/3rd Sector
Working in partnership
District and Borough Partnerships
Hastings & Bexhill Taskforce
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Facilitation intervention
• Market failure has led to a change of emphasis
• Funding – grants and loans - £10m+
• Economic infrastructure – Broadband, roads, rail, commercial buildings
• New Skills and Employability strategy
• SME Commission
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And finally ….
• Less about deprivation
• More about unlocking the growth potential of East Sussex