With Brexit on the horizon we are entering an unprecedented and exciting period for trade and investment across the UK. Couple this with increased competition between regions to attract and retain businesses and investment, and it is becoming imperative for regions to articulate and evidence their “proposition” to business and those who are advising them.
In order to meet this need, we have created a simple report, which can be tailored specifically to any local authority area in the country, and which shows at a glance what’s driving the economy in that particular area and where its sector strengths lie.
What’s Driving Your Regional Economy? is a 16-page report that groups industries in an area into logical sector clusters, and then differentiates between two key groups: non-tradable clusters, which are industries that tend to serve only local needs, and tradable clusters, which are industries that export nationally and internationally, driving growth in the area.
Amongst other things, the report shows:
- The share of employment in an area in tradable and non-tradable clusters
- Employment in each tradable and non-tradable industry cluster in the region
- Relative concentration of employment and value in each tradable and non-tradable industry cluster to identify specialisation in the local economy.
To give you a better idea of what’s included in the report, you can take a look at one we’ve created for Basingstoke and Deane Borough Council here or by clicking on the image above. We are also offering a more comprehensive analysis, providing further comparison to the LEP region as well as 5-year trends, and you can take a look at a sample report here.
The cost of the basic report is £2,500 + VAT, with the more comprehensive analysis costing £5,000 + VAT. Both can be delivered in PDF format within a week of an order being placed.
If you would like to order a report for your local authority, or if you’d like to discuss further, please contact Andy Durman on email@example.com