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Leeds City Region looking at a new inclusive industrial strategy

Boosting productivity among Yorkshire businesses and improving living standards for people in the region is at the heart of plans being developed by the Leeds City Region Enterprise Partnership (LEP) and West Yorkshire Combined Authority.

January’s LEP Board meeting of business and civic leaders discussed a Local Inclusive Industrial Strategy. This is the Leeds City Region’s response to the Government’s Industrial Strategy White Paper, published alongside the Budget in November 2017.
 
This City Region strategy will build on the existing Strategic Economic Plan, which in 2014 enabled the LEP to secure a £1 billion-plus Growth Deal to support jobs and economic growth.
 
As a result of the Growth Deal, multi-million pound investment through the West Yorkshire Combined Authority in new roads, rail stations, colleges, housing developments and regeneration schemes is now well underway and is set to create up to 36,000 extra jobs in the region. 
 
However, the gap between the City Region’s productivity and the UK average – itself well behind other European countries – remains wide, and the benefits of a strong economy are not shared across the region, with one-sixth of its residents still living in poverty.

FSB want to make sure that any new plans reflects the needs and concerns of small businesses. If you have any issues you want raised or would just like to find out more please contact Barney Mynott