North East LEP reveals updated job creation and support plans in light of Brexit

The North East Local Enterprise Partnership (LEP) has published its updated Strategic Economic Plan, outlining how it will have helped create 100,000 jobs for the region by 2024.

The organisation said its new plan reflects recent changes to the global and national economy and takes into account the UK’s upcoming departure from the European Union.

Revealed today (February 14), the document also examines how the North East can maximise opportunities presented by the UK’s Industrial Strategy.

It identifies four areas of strategic importance for improving the North East’s economic competitiveness – digital; advanced manufacturing; health and life sciences; and energy.

The North East LEP and its partners deliver five programmes of activity to support growth in those sectors.

This activity includes helping the region’s businesses to scale and improve their competitiveness on a global level; embracing Industry 4.0 and integrating tech and innovation into everything the LEP does; improving skills and careers education; forging better, more sustainable transport links; and investing in the major capital infrastructure projects.

North East LEP chair Andrew Hodgson said: “2014 saw the publication of the North East LEP’s original Strategic Economic Plan.

“Fast forward to 2019 and our ambition remains the same, but what has changed is the political and economic landscape we find ourselves in. We’re on the brink of leaving the European Union and a new Mayoral North of Tyne Combined Authority has been formed.”

He added: “It’s for those reasons and more we’ve chosen to launch a refreshed Strategic Economic Plan, one that reflects the significant changes we’re experiencing as a country, and a region.”

The updated plan can be read in full on the LEP’s website.

Speaking further, Andrew said that while the economic and political climate “may pose challenges” for the North East, it also provides “a number of opportunities”.

He continued: “The refreshed Strategic Economic Plan we’re launching today outlines how, as a region, we can maximise those opportunities to strengthen and grow our economy.”

Since the original Strategic Economic Plan launched in 2014, 64,600 new jobs have been created, 77% of which have been managerial, professional and technical roles.

 

Source: BDAILY

Leave a
comment

Read more posts

Queen of Tech Anne-Marie Imafidon…

21.01.2020

Anne-Marie Imafidon passed two GCSEs at primary school. Aged 11, she became the youngest girl ever to pass A-level Computing. In 2013 she founded and became CEO of Stemettes a…

Read more

Nigel Wright Recruitment contract win…

21.01.2020

The region’s largest multi-discipline recruiter which is also Europe’s number one consumer sector business, will support McBride plc with talent acquisition activities across Europe. McBride is Europe’s leading provider of…

Read more

The Institute of Coding launches…

14.01.2020

Practical Applications of Emerging Technologies run by The Institute of Coding at Newcastle University will showcase some of the latest emerging technologies and their real-world applications in bite sized introductions…

Read more

RT @BITRConf We'd like to introduce our #BITRConf 2020 programme committee! Luckily, Baby Alex was there to stand in for @fay_cooper as they worked hard to choose the speakers for this year's conference! bitrconf.org/team/ pic.twitter.com/3R6EoFhTS8

Join our
mailing list