Cheshire and Warrington
One of North’s most important economies with a higher GVA per hour worked than most parts of the UK. It has a number of the UK’s leading sectors and includes the Cheshire Science Corridor which spans the length of the area. The Cheshire and Warrington Strategic Economic Plan sets an ambitious programme to grow the economy’s GVA to £50bn per annum by 2040.
The region’s economic plan sets out the key opportunities that will drive Cheshire and Warrington’s growth ambitions: the world class science, technology and innovation assets within the Cheshire Science Corridor; the once in a generation opportunity that HS2 will bring to the Constellation Partnership area and wider region; the unique cross-border opportunities within the Mersey Dee Economic Axis, and the potential to create Warrington New City, completing the New Town development that has become one of the fastest growing and most successful towns in the UK. These spatial priorities also re-affirm that the Cheshire and Warrington economy is inter-twined with those of the nearby sub-regions and Core Cities.
Sci-Tech Daresbury is an Enterprise Zone in its own right and is one of the UK’s National Science and Innovation Campuses. It is home to one of the world’s most powerful super computers supporting the work of major companies in the fields ranging from engineering and consumer goods to healthcare and pharmaceuticals.
The key sectors of importance to growing the economy of Cheshire and Warrington are:
Transport: setting out the priority transport investments at a local and strategic level which we believe will be required to support the needs of a £50 billion a year economy. This includes improvements and additions to the road and rail network and better, more coordinated public transport services;
Skills and Education: setting out plans for working with businesses and skills providers to make sure that our workforce has the skills needed to remain productive and are connected to opportunities. This includes encouraging employers to work with young people to inspire them about career opportunities so they understand what skills and education they need to progress in the careers they choose;
Energy: provide a roadmap for the LEP and its partners to capitalise on the area’s strengths in the Energy sector, address the challenges of transitioning successfully to a low carbon economy and putting Cheshire and Warrington at the forefront of efforts to deliver affordable energy and clean growth as identified in the Government’s Industrial Strategy White Paper and Clean Growth Strategy;
Quality of Place: to ensure that our strengths in terms of quality of place – including high quality public services - are used to attract and retain the inward investment, skilled workers and visitors that we need to grow our economy, whilst maintaining and enhancing the area’s built and natural environment. This will include a Place Marketing Strategy which will set out the benefits of locating in Cheshire and Warrington.
Digital: to ensure that the sub-region has access to the digital infrastructure (superfast fibre broadband, 4G / 5G, etc) and the skills needed to use them;
Housing: setting out the role of housing in future economic development including increased provision of smaller homes in urban areas to attract younger population, and opportunities for new, high quality, sustainable housing developments aligned to local need and national policy priorities;
Science and Innovation: setting out how we work with local businesses, FE and HE providers, Innovate UK and the Department for Business, Energy and Industrial Strategy to capitalise on our science and innovation assets and strengths, especially in the Cheshire Science Corridor.
The area’s transport network is strategically important to the growth of the North and the Atlantic Gateway, with Crewe, one of the UK’s major railway interchanges on the West Coast Mainline, identified as a hub for HS2. The Cheshire and Warrington economy has a wide sector base and attracts workers from outside of the area who are reliant upon local transport and connectivity between the Liverpool City Region and Greater Manchester.