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North Lincolnshire’s Economic Growth launched in House of Lords

Business
11:12, Tuesday, 27th November 2018

A post-Brexit Economic Growth Plan for North Lincolnshire is being launched at a special event in London today (Tuesday 27 November 2018).

The event, hosted in the House of Lords by Baroness Redfern and Cllr Rob Waltham, will see fifty local businesses in attendance to support our vision for growing North Lincolnshire’s economy.

Local MPs and Government Ministers have also been invited to support and endorse an ambitious plan for business growth and jobs.

Currently over 100 local businesses have thrown their support behind the plan which sets out ten ideas for growth in the area.

Cllr Rob Waltham, Leader of North Lincolnshire Council, said:

“We’re ambitious about the future of North Lincolnshire, and we recognise that by working with our businesses and the Government we can become a major contributor to the UK economy. We want more growth and higher paid jobs in our area and by developing our key sectors and improving the infrastructure we can continue to deliver for our residents.”

The ten ideas outlined in the Economic Growth Plan are:

  • Establish a free trade zone and new port on the South Humber bank
  • Grow the manufacturing and engineering supply chain hub
  • Support the growth and diversification of the Humber chemical and energy cluster
  • Improve east to west rail connectivity
  • Transform north to south road network connectivity
  • Overcome barriers to growth including improving superfast broadband coverage and 4G and 5G phone coverage
  • Expand and improve skills and employment using devolved skills budgets
  • Develop the University Campus North Lincolnshire to help increase higher level skills
  • Town centre and market town regeneration
  • Seeking recognition for the North Lincolnshire Wolds as an area of outstanding natural beauty

The Economic Growth Plan focusses on the next five years and lays the foundations for continued growth from 2023 and beyond. If fully realised, the ideas in the plan could see 14,000 new jobs created and £721m more pumped into North Lincolnshire’s economy.

Cllr Waltham continued:

“Through this innovative thinking and diversifying our economy, we’re laying the foundations for sustainable jobs and a stable economy for generations to come.”