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Leeds City Region Paul Rogerson Chief Executive Leeds City Council Leeds City Region Leeds City Region Great economic potential • • • • • £42bn economy - £53bn + by 2015 2.77m population 1.4m labour force Up to 87,000 more jobs by 2015 263,000 employed in financial and business services – projected to grow by further 35,500 by 2015 • Leeds City Region starting to fulfil a national role in financial services and potential benefits arising from greater decentralisation from London • Potential to work more closely with Manchester and Sheffield City Regions on developing the North’s role as a European Centre for high level financial services • Currently a significant economic force in the North of England • Ambition to be recognised as a significant European City Region Leeds City Region The first iteration of the Leeds City Region Development Programme (CRDP) • set out an enhanced growth scenario to deliver growth of 3.5% per annum in GVA per capita in order to close the productivity gap within a 10 year timescale • identified the key sectors and niche clusters which can deliver substantial growth • started to identify the key interventions that will enable the City Region to contribute towards closing the national productivity gap • and contained a commitment to develop a more robust evidence base to support our propositions Leeds City Region Growth sectors and niche clusters City region growth sectors • Financial and business services • Electronics and optical • Communications • Health and public services Niche clusters • Digital and media • Bioscience and medical research • Advanced niche manufacturing, including defence • Logistics and distribution Leeds City Region Delivering growth Sectors and clusters • Identify specific projects to support the identified sectors and clusters, such as expanding the Leeds Financial Services Initiative across the City Region, development of the Advanced Digital Institute in Airedale, potential for medical devices testing / prototyping facility • Strong links to other more generic interventions being developed within CDRP theme groups, in particular skills and business infrastructure Generic interventions • Aimed at increasing productivity across the City Region economy • Aimed at moving the economy up the value chain Leeds City Region Theme groups • • • • • • • Sectors and Clusters Connectivity Innovation Skills and Labour Supply Business Infrastructure Quality of Life, Quality of Place Housing and Sustainable Communities Evidence and research group • Leeds and Yorkshire Forward with sub regional partnerships • Consistent with Hull and Sheffield City Regions Leeds City Region How are we working together? Leeds City Region Concordat, March 2005 “Working together differently: to develop an internationally recognised City Region; to raise our economic performance; to spread prosperity across the whole of our city region; and to promote a better quality of life for all of those who live and work here.” Leeds City Region • Structure is developing alongside clarity on areas for collaboration • Leaders meeting regularly to agree the way forward • Chief Executives meeting monthly • Policy Advisers Group of LAs with regional bodies • Theme groups are developing interventions with wider partner organisations • But developing at a pace that is appropriate for the City Region partners • And not setting up unnecessary structures Leeds City Region Conclusions • Political commitment to working across the City Region • Greater understanding of the areas where we should focus our collaboration • Working at a pace that reflects the unique economic geography of the City Region • Taking the case to Government But • Need national and regional strategies to provide a supportive framework • Consistent City Region proofing across all relevant areas of Government Policy • CSR 2007 must be supportive of the northern City Regions