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Leeds City Region lays out plans to increase business productivity

06/02/18


Ambitious plans to boost productivity and create thousands of jobs in the Leeds City Region have been unveiled in response to the Government’s Industrial Strategy.

The Leeds City Region Enterprise Partnership (LEP) and West Yorkshire Combined Authority has developed the plans in response to the Industrial Strategy White Paper, which was published by the Government in November last year.

The current Strategic Economic Plan – which was put forward to the Government in 2014 – was strong enough to become the largest Growth Deal of any local enterprise partnership area in the country.

By building on this, it is hoped that Leeds will be able to adapt to recent political and economic changes, such as Brexit and changes to the labour market.

Multi-million-pound investments in regeneration schemes, housing developments, colleges, new roads and rail stations have followed the deal, creating around 36,000 additional jobs for the area.

Under the new proposal, the region’s productivity will be brought in line with the national average, thanks to investment in innovation and skills, which should provide a £10 billion economic boost.

Roger Marsh OBE, Chair of the Leeds City Region Enterprise Partnership (LEP), said: “I look forward to working with people and businesses across Leeds City Region over the coming months through an open and inclusive engagement process that will help us shape a positive, dynamic future for our region.”

In order to ensure any growth is spread across the region, people, businesses and other organisations will have the opportunity to help shape Leeds City Region’s Inclusive Industrial Strategy through an engagement exercise that is expected to launch in late March or early April.

Councillor Susan Hinchcliffe, Chair of the West Yorkshire Combined Authority and Leader of Bradford Council, said: “We will be putting forward a bold strategy to the Government which reflects and supports the aspirations of the three million people who call our region home and builds on our experience of delivering successful devolved government programmes over the past decade.”

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