Advancing Local Economic Growth and Development 2021
Online Event1st December 2021, 9:00am - 4:00pm
The full economic effects of the Covid-19 pandemic are yet to be felt and In 2020 the UK GDP contracted by 9.9 per cent, the largest annual fall in 300 years. The scale of economic damage caused by the pandemic has varied across regional and local economies, with regional economic growth data to June 202 suggesting negative growth in GDP has been greatest in the East and West Midlands, followed by the South-East, and lowest in London, Wales and Northern Ireland.
The Government has introduced a £344 billion package of financial support to protect jobs, households and business as well as additional grants for public services. The MHCLG has delivered £500m in funding for councils to cover lost income and address pressures caused by the pandemic. Local authorities are establishing plans for recovery that address the economic and social impacts of the pandemic and seek to adapt to changing local and national trends.
This timely event will bring delegates the latest updates to government policy and demonstrate how local authorities are collaborating with private, public and voluntary sector partners to deliver growth in their local area to build back better after the pandemic.