Issue - meetings

To consider the Warwickshire Strategic Economic Plan 2024-2034 for adoption.

Cabinet Portfolio Holder – Councillor Martin Watson

Councillor Martin Watson, Portfolio Holder for Economy, presented the report outlining the Strategic Economic Plan (SEP), which set out a vision for Warwickshire’s economy.  The SEP looked to leverage opportunities from innovation and positive investment, whilst facilitating sustainability and supporting inclusive growth for the residents and communities of the County.

Councillor Watson highlighted that this had increased from a five year to a ten-year plan, having received feedback during consultation.  The document set out a clear vision for Warwickshire, which already had a well performing economy and would help to focus on how to continue that journey in an inclusive, ambitious and sustainable manner.

In addition, the delivery plan had been shortened to cover a two-year period with specific activities.

The Leader supported the plan, reflecting on the changes involving the Local Enterprise Partnership and recognised the engagement with District and Coventry partners.

Councillor Watson assured that there had been a lot of engagement and dialogue with local authority and industry partners, with the Coventry and Warwickshire economy relationship continuing to strengthen.  He therefore moved the recommendation as laid out.

Resolved that Cabinet approve the Warwickshire Strategic Economic Plan 2024-2034, to be effective from 1 May 2024.