LEPs level up on economic recovery
Local business leaders joined LEPs from across the country to focus on key areas of recovery planning in a series of roundtables over the past two weeks with the Minister for Business and Industry, Nadhim Zahawi MP, and the Minister for Small Business, Paul Scully MP
The five roundtables, the last being completed today (Thursday), were led by Local Enterprise Partnership chairs over the past two weeks and included businesses from the following economic areas: Southern Region, Northern Powerhouse 11, South West Region, Oxford-Cambridge Arc and New Anglia, and the East Midlands and West Midlands.
Business and Industry Minister Nadhim Zahawi MP, said:
“Supporting business and driving economic recovery in every corner of the UK has been the Government’s top priority during our response to the coronavirus crisis.
“Enabling us to understand the experience and challenges of local businesses in real time, these sessions allow us to make sure we’re supporting Local Enterprise Partnership plans to stimulate growth and recovery on a local level.”
This round of engagement with business leaders follows on from the success of business roundtables with Ministers in May. The focus for these roundtables was firmly on specific industry areas that will have a significant role in re-building economies and level-up all regions of the country. These include businesses from: innovative start-ups and microbusinesses, particularly in the areas of green technology investment and net zero, start-ups, transport, automotive, infrastructure, construction, retail, hospitality, life sciences, and advanced manufacturing and engineering.
Small Business Minister, Paul Scully MP, said:
“We have worked hand in hand with business leaders throughout this crisis to ensure we are delivering a wide-ranging package of support that works for everyone.
“As we look to rebuild our economy and bounce back from coronavirus, it is vital we continue to work with networks across the UK like Local Enterprise Partnerships to ensure businesses get the support they need to recover.”
Chair of the LEP Network, Mark Bretton, said
“Emerging from the restrictions of lockdown is a critical time for all of us as we balance safety with economic wellbeing, and it’s local businesses in key areas of our local economies that are going to lead the way.
“From our rural and coastal areas to our urban heartlands, our national recovery is rooted in local recovery - and these second roundtable session with Ministers are an invaluable chance to understand the key strengths and opportunities in LEP areas that will help accelerate local recovery. With an unrivalled forensic understanding of these areas, LEP economic recovery plans will be a solid foundation for national recovery.
Contact: Mike Dennehy
Phone: 07710 094 999