LDALIVE 400442 v1 060203CS Summit Presentation Par

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Information about LDALIVE 400442 v1 060203CS Summit Presentation Par
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Published on April 22, 2008

Author: Petronilla

Source: authorstream.com

Manny Lewis LDA Chief Executive:  Manny Lewis LDA Chief Executive Economic Development Strategy: Progress London’s economic strengths:  London’s economic strengths Average productivity per person 20% higher than UK average. Annual GVA of over £160 billion. More international investment than any other European city. Best global transport links. So why do we need the EDS?:  So why do we need the EDS? Sustainable economic growth. High unemployment rate. High child poverty rate. Barriers to employment and skills needs. High costs. Health inequalities. Pollution issues. London’s Economic Development Strategy:  London’s Economic Development Strategy 13 key objectives, 4 key themes: Developing infrastructure and places. Developing people. Developing enterprise. Developing marketing and promotion. Review of infrastructure and places:  Review of infrastructure and places The London Plan:  The London Plan Promoting sustainable growth and economic development. Continued investment in housing: 24,600 homes delivered in 2003 alone. Mayor’s aspiration – deliver 30,000 homes per year. 50% ‘affordable’. Objective 1: Support the delivery of the London Plan :  Objective 1: Support the delivery of the London Plan Promoting sustainable growth and economic development. Continued investment in housing: 24,600 homes delivered in 2003 alone. Mayor’s aspiration – deliver 30,000 homes per year. 50% ‘affordable’. Deprivation Index:  Deprivation Index Thames Gateway:  Thames Gateway White Hart Triangle. 12,000 square feet of business space. Royal Quay. 100+ homes completed in 2005. Further 300+ by 2007. Royal Arsenal. 300 new homes under construction. Silvertown. Planning for mixed use scheme including London Aquarium. Wembley:  Wembley Objective 2: Deliver an improved and effective infrastructure to support London’s future growth. :  Objective 2: Deliver an improved and effective infrastructure to support London’s future growth. Transport infrastructure: Thames Gateway Bridge. East London Line extension. Docklands Light Railway extensions. Channel Tunnel Rail Link. Heathrow Terminal Five. Objective 3: Deliver healthy, sustainable, high quality communities and urban environments.:  Objective 3: Deliver healthy, sustainable, high quality communities and urban environments. A good start: Waste generated down 1.4% Nitrogen oxide down 39% Carbon monoxide down 55% Nitrogen dioxide down 14% Ozone concentrations: Increased by 33% The London Climate Change Agency:  The London Climate Change Agency British business support: BP. Legal and General. Sir Robert McAlpine. Johnson Matthey. Lafarge. Review of people:  Review of people Working age employment rates:  Working age employment rates Objective 4: To tackle barriers to employment :  Objective 4: To tackle barriers to employment Partnership working. London Learning and Skills Councils. Jobcentre Plus. Association of London Government. Government Office for London. London Sector Skills Councils. London Skills Commission Prospectus and Action Plan. Boosting inclusion in the labour market. Bringing together planning, funding and delivery organisations. The Mayor’s London Childcare Strategy :  The Mayor’s London Childcare Strategy Childcare Affordability Programme: Enabling lower income parents to access childcare. Pan London 3 year pilot. Provide up to 10,000 subsidised childcare places. Mix of supply and demand side funding. Neighbourhood Nurseries: Ensuring sufficient childcare places in deprived areas. Additional childcare programmes: Business and skills. Capital investment. Marketing and intelligence. Objective 5: Reduce disparities in labour market outcomes between different groups:  Objective 5: Reduce disparities in labour market outcomes between different groups Employment rates:  Employment rates Black, Asian and Minority Ethnic communities. 17 percentage points below white ethnic group employment rate. Women. 63%: 6 percentage points below average employment rate. Disabled people. 40% employment rate in Summer 2005. Black African population. Increased by 215,000 between 1991 and 2001. Objective 6: Address the impacts of concentrations of disadvantage:  Objective 6: Address the impacts of concentrations of disadvantage Review of enterprise:  Review of enterprise Diversity Works for London:  Diversity Works for London Sir David Bell Director for People, Pearson Plc Change in VAT registrations:  Change in VAT registrations Objective 7: Address barriers to enterprise start-up, growth and competitveness:  Objective 7: Address barriers to enterprise start-up, growth and competitveness Business support programmes: Selective Finance for Investment in England. Grant for Research and Development. Information, Diagnosis and Brokerage. Access to Finance: £17 million funding, 60% from commercial sources. 70% of assisted businesses BAME owned. 30% owned by women. Redefining BAME Business. Ethnic minority businesses as a powerful economic force. Annual contribution to London economy £90 billion. Objective 8: Maintain London’s position as a key enterprise and trading location:  Objective 8: Maintain London’s position as a key enterprise and trading location European status:  European status London is the best European city in which to locate a business: Availability of staff. Ease of access to markets. Languages spoken. Transport links. Quality of telecommunications. Less successful factors: Value for money of office space. Freedom from pollution. Quality of life for employees. Objective 9: Improve the skills of the workforce:  Objective 9: Improve the skills of the workforce It is more difficult for some London residents to compete for jobs: Larger workforce. Lack of skills. Lack of access to opportunities. London Annual Business Survey 2004: ‘The percentage of businesses reporting a lack of appropriately skilled employees as a significant problem’ . Up 25% Initiatives to raise London’s skills levels:  Initiatives to raise London’s skills levels London Learning and Skills Council: Addmore. Assess training needs. Advice on training resources. Funding for skills development. Construction Training Centre, Kings Cross. Pan London Creative Fund. £5 million LDA investment. £10 million start up and early stage fund. Objective 10: Maximise the productivity and innovation potential of London’s enterprises:  Objective 10: Maximise the productivity and innovation potential of London’s enterprises Lisbon Agenda:  Lisbon Agenda ‘Making the EU the world’s most dynamic and competitive economy’ by 2012. Jumpstart Inspire Programme. Helping London’s minority business owners to access and participate in innovation programmes. Manufacturing Advisory Service. Telephone enquiry line. In depth advice sessions. On site visits. Workshops and follow up support. British Library Business and Intellectual Property Centre. Delivering innovation support to SMEs. Review of marketing and promotion:  Review of marketing and promotion Objective 11 + 12: Ensure a coherent approach to marketing and promoting London. To co-ordinate effective marketing.:  Objective 11 + 12: Ensure a coherent approach to marketing and promoting London. To co-ordinate effective marketing. 2004/2005: End in downward trend in London’s global tourism market share. 7% increase in visitor expenditure. 2003/2004: Total number of international students rose 12% year on year. Share of Foreign Direct Investment: London continues to attract more FDI projects than any other European City. Trips made by international visitors:  Trips made by international visitors A proactive response to 7 July 2005:  A proactive response to 7 July 2005 August 2005 visitor numbers and spend down 2%. Proactive response from Visit London and LDA: Leisure campaigns in Europe, USA and Japan. ‘London in September’ 2.5 million visitors to capital events. Specific business tourism activity. Major events with the best impact on global city:  Major events with the best impact on global city Objective 13: Maintain and develop London as a top international destination:  Objective 13: Maintain and develop London as a top international destination Mayoral Commission. Feasibility for development of an international convention centre. New and emerging markets: Brazil, Russia, India, China. Capitalising on foreign-owned companies in London. Olympic Games and Paralympic Games:  Olympic Games and Paralympic Games The economic legacy of the London Games. Creation of employment opportunities. Improvements in: Education Skills Knowledge Our priority: Ensuring that all communities and businesses have equal access to these opportunities. London Economic Summit:  London Economic Summit 08 February 2006 Workshops:  Workshops Workshop 1: Delivering London’s infrastructure Auditorium (right hand side) RED Workshop 2: Tackling London’s low employment rate Auditorium (left hand side) GREEN Workshop 3: London as a world city Room F BLUE Workshop 4: Promoting London Room E YELLOW

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