Sir Nigel addresses annual economic conference
Sheffield City Region LEP chair Sir Nigel Knowles today spoke at the Institute of Economic Development (IED) annual conference.
The IED brings together economic development, regeneration and business leaders from across the UK to discuss how to achieve true economic development and create an enabling environment for sustainable economic growth.
Sir Nigel talked about the importance of the partnership of local authorities and businesses that make up the LEP and why the coming together of areas in the region is necessary for economic growth. He also covered how the LEP’s main purpose is to connect with business through effective communication, to take a leading role in setting the Strategic Economic Plan and how his role entails being the voice of business on the Combined Authority.
Sir Nigel touched on the subject of the ‘Northern Powerhouse’ and its many strengths. He said: “The Northern Powerhouse combined is equal in size to London. The North used to power this country and was one of the aspects that made it great. Central to this is connectivity – getting from Manchester to Sheffield or from Rotherham to Leeds needs to be as easy as going from Canary Wharf to the City of London.”
As part of his speech, Sir Nigel said that the initial framework for the LEPs to succeed is now in place and that devolution is essential to boosting economic development and regional connectivity.
The Sheffield City Region Local Enterprise Partnership (LEP) and the Combined Authority work in close partnership to build a competitive centre of business excellence in the region. The City Region’s dynamic private-public partnership provides a straightforward and reliable way to get things done across its nine local authority areas of Barnsley, Bassetlaw, Bolsover, Chesterfield, Derbyshire Dales, Doncaster, North East Derbyshire, Rotherham and Sheffield.
- Sheffield City Region is home to 1.8 million people, 700,000 jobs, 52,000 businesses and has an output of more than £30 billion pounds per year