New plan created to boost Nottingham’s economy

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A new plan has been created to help boost Nottingham’s local economy over the next ten years.

Nottingham City Council have worked with partners across the city to create a draft Economic Plan for all private, public and third sector partners, residents, and stakeholders.

The ambitions of the plan include the creation of 20,000 new jobs, £4bn in regeneration investment, generating £1bn of additional Gross Value Added (GVA) and developing infrastructure and services for the people of Nottingham.

The vision is to deliver a “vibrant, sustainable, and investment friendly Nottingham that promotes inclusion, secures resilience and unlocks prosperity for [its] residents and businesses.”

The Nottingham Growth Board, which is a partnership of some of Nottingham’s key businesses, educational institutions, and public sector organisations, will have a role in overseeing the plan.

People can now have their say on the proposed plan in a public consultation, which runs until Friday 1 March 2024.

The idea behind the Economic Plan is to have:

A shared vision for improving the economy of Nottingham A plan to help the city grow in a fair and sustainable way that benefits all citizens of Nottingham A framework of activity to help focus ambition and investment in

 link source - East Midlands Business Link General

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