Research library

Source: Gloucestershire County Council Oct 21

https://glostext.gloucestershire.gov.uk/documents/s66675/Gloucestershire%20County%20Council%20COVID-19%20Economic%20Recovery%20Report%20and%20Action%20Plan%20November%202020.pdf

Economic Dashboard October 2021 v2.pptx

The past 9-months has created a shock that will test the economic resilience of our county for years to come. The repercussions of Covid-19 are still being felt by businesses and communities on a global scale and the full extent of the damage will be unknown for some time. During this time, the government has stepped in with a suite of schemes to slow down the rate of job loss and business closure. The schemes are constantly being refreshed to deal with the challenges faced by the resident and business population while economic policy is shifting towards in-work support. This is based on jobs which employers are also prepared to fund and investing more in education and training to help others back into work. There are significant short-term consequences from this including unemployment and business closure. However, there will be new prospects generated for residents and businesses and the actions set out in this plan will help to capitalise on them. The county council has identified a core set of drivers of recovery around which these opportunities can be delivered. By working closely with local stakeholders as well as sub-regional partners and central government, these drivers have the potential to deliver for the local economy – aligning skills provision to employer and employee needs, understanding local supply chains, investing in local assets and ultimately growing out of the recession. Our ambition at Gloucestershire County Council is to deliver a model of sustainable growth and a thriving economy for Gloucestershire. In doing so, we will affirm our long-term vision for the county (or refresh in the light of Covid) and reinforce a longer-term sense of direction. This strategy Looking to the Future sets out a clear vision: “To make the most of all that Gloucestershire has to offer, help improve the quality of life for every community, support businesses to be successful and make sure the
county is a place where people want to live, work and visit”. The ambitions are mirrored through the recovery plan in relation to our support for communities and localities, and transport, economy and infrastructure.