Draft Coventry and Warwickshire local economic assessment for consultation

Coventry Millennium Place people's bench

Warwickshire County Council and Coventry City Council have carried out a sub-regional economic assessment. The draft economic assessment is now available and comments are invited.

The economic assessment and feedback form are available on the Warwickshire County Council website. There are also supporting papers on innovation, future sectoral growth, functional economic geography and business starts and growth.

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Local Enterprise Partnerships need to act to reinvigorate the private sector

Distilling machine CERAM Stoke-on-Tent

Weaknesses in the structure of the West Midlands economy mean that it was hit particularly hard by the recent recession and is likely to see further job losses over the next five years.

Our latest briefing paper (pdf, 408kb), produced as part of our West Midlands Skills Assessment 2010, reveals that the West Midlands has a weaker private sector than other parts of the country. The West Midlands has poorer representation of higher value added activities and high growth firms with the potential to create new, skilled jobs.

As a result the West Midlands has seen its share of jobs in the public sector rise more rapidly than anywhere else in the country. It is particularly vulnerable to job losses from the spending cuts announced by the government.

We forecast that West Midlands Gross Value Added (GVA) will grow by only 8% (£8.8 billion) between 2010 and 2015 and there will be a net fall in employment of more than 38,000 people.

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Local enterprise partnership proposals announced

56 proposals for local enterprise partnerships across the country have been submitted, the government has confirmed, following the closing day for submissions.

There are seven proposals from the West Midlands:

Three distinct responses in respect to cross boundary working arrangements have also been received from Peak District, South East England and West Leicestershire and Northern Warwickshire.

Here’s the full list of proposals.

Inward investment into the West Midlands 2009/10 – a local analysis

In 2009/10 there were 84 inward investment successes in the West Midlands and another four knowledge-based investments. These investments created over 1,500 new jobs and safeguarded another 4,300.

Although these 88 investments represented the lowest number of jobs created or safeguarded since 1992/93, they also represented the 7th highest total number of projects since 1991.

Pie chart shows 38 inward investments in West Midlands metropolitan areas and 49 inward investments in the shire counties over 2009 to 2010Inward investment is usually spread reasonably evenly between the West Midlands metropolitan areas and the shire counties. In 2009/10 the shire counties attracted the majority of inward investment projects (55%). See left.

However, the metropolitan areas of Birmingham, Coventry, Solihull, Dudley, Sandwell, Walsall and Wolverhampton have attracted perhaps just over half of the projects over the years – see below. The number of jobs created and safeguarded also generally follows a similar pattern.

Stacked bar chart shows percentage of inward investments into West Midlands metropolitan areas versus shire counties between 1991 and 2010

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Speakers and slides: roundup of ‘Open data: challenges and opportunities’

The Observatory and Andrew Mackenzie co-produced an event called Open data: challenges and opportunities, held in Birmingham on 15th July.

Oliver summarised the event and asked for comments on practical steps, particularly ‘ways that the more able authorities and organisations might be able to help the less able, through sharing tools and techniques with the wider public sector.’

The hashtag for the day was #wmod10 – there’s an archive of tweets available.

In this post below, we’ve shared all of the presenter’s slides and, where available, provided the presentations with audio.

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Open data in Warwickshire

Warwickshire County CouncilGuest blog post by Jim Morton, Applications Architect at Warwickshire County Council

Last week we launched the Warwickshire Open Data site at http://opendata.warwickshire.gov.uk, joining other authorities such as London, Lincoln, Lichfield and Kent who have already started opening up their data to the public.

We hope that it will provide a greater level of transparency about the work of the council, as well as stimulating the development of websites and applications that can make use of our data, to provide new benefits to our citizens and visitors to the area.

It is going to take a while to build the site up as the focal point for all of our public facing information but we have taken some positive steps to build the foundations of how we should work with data from now on.

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2009 Skills Assessment for local organisations and their sub-regions

Improving connections between local and regional evidence and policy will be crucial to the success of the forthcoming Regional Skills Strategy.

This was one message from delegates at yesterday’s dissemination event for the Observatory’s Regional Skills Assessment 2009.

A mix of Local Authority officers, higher education representatives and policy officers investigated how the extensive research undertaken by the Observatory can be used by local authorities and other organisations to plan major pieces of work such as Local Economic Assessments.

As the Skills Assessment will also inform work at regional level, including the forthcoming Regional Skills Strategy and Strategy for the West Midlands, the research can help forge links between the local and regional tiers of strategy and policy making.

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