Our economy has made a lot of progress over the last few years, so our Strategic Economic Plan has now run its course. The Humber has become a more skilled and productive place, and unemployment is at a record low. The Energy Estuary is now firmly established as the UK’s leader in offshore wind, many of our Enterprise Zone sites are thriving, and a series of substantial investments have been made by the private and public sectors.
The Humber LEP is now working with our partners on a new plan for our region – a Humber Industrial Strategy. This will build on our established strengths and the momentum that our region has started, and also look to new opportunities we have open to us.
LEPs across England have been tasked by Government with producing Local Industrial Strategies to raise local productivity. The strategies will be be long-term, based on clear evidence and aligned to the national Industrial Strategy.
According to the Government’s Prospectus, Local Industrial Strategies should:
- Set out a robust and open evidence base, including strengths/weaknesses with an emphasis on increasing productivity.
- Map out specific opportunities and challenges.
- Cover the five foundations of productivity identified by Government, set out how they are interconnected and why local action will add value.
- Be clear about collaboration with public and private stakeholders, including across boundaries.
- Prioritise specific, achievable and long-term ambitions, based on evidence, rather than be exhaustive.
- Set out clear plans to evaluate progress.
Government plans to agree Local Industrial Strategies with all LEPs (and metro mayors where they exist) by spring 2020.
The Humber’s approach
The framework for our approach was set out in The Humber’s Blueprint for an Industrial Strategy, which was launched in June 2018.
We are now working with Government to accelerate the production of the Humber Industrial Strategy by the end of September 2019.
Our Industrial Strategy will help to deliver the UK Industrial Strategy by supporting the Humber to reach its potential and contribute to achieving national priorities, such as the Grand Challenge on Clean Growth.
We are consulting widely with businesses and other stakeholders as we develop our Industrial Strategy. You can track progress through these pages and our published Board and sub-board papers.