199 Economic Development Strategy Consultation PDF 187 KB
[Report of the Director of Housing, Regeneration and Planning. To be introduced by the Cabinet Member for Local Investment and Economic Growth]
This report seeks Cabinet to approve the publication of the Economic Development Strategy for consultation.
Additional documents:
Minutes:
The Cabinet Member for Local Investment and Economic Growth introduced this report which sought Cabinet approval of the publication of the Economic Development Strategy for consultation.
The Cabinet Member was pleased to welcome this report and praised officers for their work on the Economic Development Strategy. This strategy built on the commitments made in Haringey's Borough Plan 2019-23. Community Wealth Building was fundamental to the strategy, which included ensuring every public pound delivered maximum public good.
The Cabinet Member highlighted that the Economic Development Strategy focussed on creating a good economy; fairness and equality; business and enterprise resilience; environmental sustainability; and health and well-being. Following a commissioned evidence base, there were four key priority areas identified, these were: business and enterprise; high streets and town centres; employment space and infrastructure; and employment and skills.
The Cabinet Member stressed the importance of partnership working with other organisations in the borough.
In response to questions from Councillors Ogiehor, the following information was provided:
The Cabinet Member for Finance and Strategic Regeneration noted that the Council had a fiduciary duty to collect the business rates owed.
RESOLVED
Reasons for decision
This vision, for a good economy seeks to move beyond a narrow focus on economic growth, towards a way of thinking about economic development which focuses on whether it supports our residents to live good lives, is fairer, and, whether ... view the full minutes text for item 199