Agenda item

Economic Development

Minutes:

The Business & Skills Manager addressed the Panel and gave a presentation. A summary is set out below and a copy will be attached as an online appendix to these minutes.

 

Business and Skills Team Functions

 

·  Main point of contact for co-ordinating support services to local businesses and residents

 

·  Share specific information about targeted business support, financial assistance and skill support programmes

 

·  Inward investment and business retention, offering tailored services to support those businesses wishing to relocate or expand their businesses within our area

 

·  Deliver sustainable, inclusive growth. Enabling residents and businesses to meet their full economic potential in our district

 

Inward Investment & Retention

 

In North East Somerset

 

·  Appears to be a steady stream of smaller and start up retail – local high streets have been resilient

·  We have a number of enquiries for smaller industrial sites in Midsomer Norton / wider Somer Valley area. 

·  Willmotts moving into the old Dickies building – bringing jobs and training centre

·  A new planning application for 8 industrial units in Clutton, supporting other developers with plans for new workspace

 

In Bath

 

·  Vulnerability to US investors in key companies during the pandemic, with 2 great companies closing Wild and Wolf (product design) 90 jobs and Funko Animations (animation and product design) 90 jobs

·  However, office take-up in 2020 was resilient even during the lockdowns.

·  Current office vacancy rate are higher and lease signings are down so far this year, but we have good protection for offices due to the World Heritage Site exemption to Permitted Development Rights

 

Economic Strategy Approach

 

·  Address key challenges identified by One Shared Vision, the Local Industrial Strategy and West of England Recovery. Plan in order to align with future funding streams.

·  Draw on the ambitions of the One Shared Vision Plan and Zero carbon approach, committing to strong and sustainable growth across the authority area.

·  Partnership approach to delivery, governance and ownership drawing in community and key anchor institutions. Aim to be aspirational and visionary, rather than purely an action plan.

 

Key Priorities for Businesses and Skills

 

·  Digital inclusion and skills

·  Addressing inequalities / disabilities

·  Upskill and Retrain

 

Skills Projects

 

·  Employment & Skills Pod

·  3D Academy

 

Project & Programme Delivery & Successes

 

·  Targeted Recruitment and Training (TR&T) s106 – Planning & Procurement, 20 WE placements over the year. 80 lined up from Jan.

·  Women's Work Lab – Full cohort each time.

 

Councillor Alastair Singleton referred to the SWOT Analysis within Appendix 1 and asked if there was evidence of a current unmet demand for A Grade office space.

 

The Director of Regeneration & Housing replied that there is a disparity between the quality of office space traditionally available across the area compared to the needs now for modern, higher quality, flexible and more sustainable office space. He said that flexible / large floorplates were difficult to provide.

 

He added that it has been interesting to see what the post pandemic demands will be. He said that within Bath Quays there is 55,000 sq ft of office space that the Council has developed and that demand was strong for its use. He said that evidence suggests there is still an under supply for this type of space.

 

He stated that there was a strong market interest for B&NES for relocation and that the difficulty for companies was having the ability to make timely decisions with all the changes that continue to occur.

 

Councillor Singleton asked how sure it was that the benefits listed on page 33 in terms of GVA Impact and Employment Impact would be realised.

 

The Business & Skills Manager replied that she would consult with a member of the team and respond in due course to the Panel.

 

Councillor Shaun Hughes commented that within the presentation there were a lot of names / acronyms in terms of projects and programmes, such as Future Bright and Invest in B&NES. He asked how this information was being communicated to local businesses within the area and whether there was a document that Councillors could have to circulate to those that would find it helpful.

 

The Business & Skills Manager replied that a lot of information is advertised on the Council’s website, that there is also an Employer Engagement Network that was in place to help with communication and that they do also send out newsletters to local businesses. She said that she was willing to look into more that can be done.

 

The Director of Regeneration & Housing added that the branding of the ‘Invest’ work was being looked at and in addition how can their work be highlighted to businesses as they provide a one point of contact platform to enable businesses to access the various grants that could be available to them. He acknowledged that it was likely that more could be done on this matter.

 

The Chair commented that the ‘Invest in Bath’ brand was seen as a barrier on occasions to companies in North East Somerset and they won’t therefore engage. She asked officers to consider using the Community Hubs, Chamber of Commerce, Local Forums and Parish Councils as a way of passing information on and suggested they could give a presentation in different localities.

 

The Director of Regeneration & Housing said that he would take that suggestion on board. He added that there were a number of High Street Hubs now in place in Bath, Keynsham and Midsomer Norton to provide support to businesses and that they were looking to provide more of these in the future if possible.

 

Councillor Hughes commented that industrial space locally appeared to be eroding with more of an emphasis being put on the digital economy. He asked if officers were working with the Planning department to develop a policy to protect our industrial spaces.

 

The Director of Regeneration & Housing replied that work was ongoing within the Spatial Development Strategy to identify and safeguard industrial land in the district. He added that through the work of the new Economic Strategy they would try to show the strengths that B&NES can offer to provide more.

 

He said that the demand does exist for this space and that commitment needs to be shown to initiatives such as the Somer Valley Enterprise Zone.

 

Councillor Hal MacFie asked what plans were there to improve local bus services, particularly in Keynsham, as they appear to be stopping earlier in the day which is limiting access for the public.

 

The Director of Regeneration & Housing replied that WECA were set to receive capital investment as part of City Region Sustainable Transport Funding which would see them allocated £540m over the next five years, some of which will come through to B&NES for corridor improvements to improve bus services / connectivity.

 

Councillor MacFie asked if any further information / data could be provided to the Panel in terms of the numbers of people that are self-employed within B&NES.

 

The Business & Skills Manager replied that she would consult with a member of the team and respond in due course to the Panel.

 

Councillor Andrew Furse commented that it had been a challenge for many years in terms of North East Somerset as the housing and economic development plans from the Council do not always match up with those of Government.

 

He said that it should be recognised that there are pockets of deprivation across the area and he was pleased to see that NEETs had been picked up in the report. He added that the challenge still remained on how to engage with those most hard to reach.

 

He stated that he would like to have seen more references within the report that refer to technology and engineering as he believed there were opportunities available locally for young people. He added that this also needed to be looked at alongside the issue of affordable housing and the part that plays in being able to allow people stay within the area or move here.

 

The Business & Skills Manager replied that a number of the projects are available on an outreach basis. She said that the NEETSs work was carried out in the main through Youth Connect and a support project has been put in place to go into schools to offer direct help. She added that they had also been to gain some funding from WECA for a specific mental health project for NEETs.

 

Councillor Lucy Hodge commented that within reports for the Planning Committee there tends to be a shortage of information about potential industrial use of sites and suggested whether officers within Economic Development could input into the relevant reports that the Committee receives.

 

Councillor Winston Duguid asked why this area of work has not been looked at for a number of years.

 

The Director of Regeneration & Housing replied that the Economic Strategy was updated in 2015 as part of the refresh of the Placemaking Plan and this was a five year plan to 2020. He said that they had initially commenced this work just prior to the pandemic, at which point Business Support became our primary role.

 

Councillor Duguid asked if the Council had fed into the West of England Local Industrial Strategy.

 

The Director of Regeneration & Housing replied that they had, but it was also important to have our own and to make them dovetail.

 

Councillor Duguid commented that through the support work carried out during the pandemic it had probably given the team a better database of what businesses were doing locally.

 

The Director of Regeneration & Housing replied that it had and that the Council had supported 4,500 businesses during the pandemic. He added that through Invest in Bath they are now able to update 3,000 businesses on a regular basis.

 

Councillor Duguid asked what the timescales were for the strategy and asked for it to include KPIs or a success criteria as well as a vision statement

 

The Director of Regeneration & Housing replied that a Draft Strategy was scheduled for June 2022 and that it would fit behind the Renewal Vision.

 

Councillor Duguid referred to the matter of tourism and in particular Commercial Heritage and asked how far this can be taken post Covid and where was it likely to top out.

 

The Director of Regeneration & Housing replied that it is an essential part of our Skills Plan and to seek to make these jobs more valuable and to have a career path. He added that work was required to now shape the visitor economy to see if the time that people stay in the area can be increased.

 

Councillor Mark Elliott commented that he felt that it was the right time for a new strategy to be devised and said that if possible he would like to see Climate Emergency put at the heart of it.

 

Councillor Hughes said that there were concerns in the Somer Valley with regard to employment and he asked if any comment could be given as to how the 500 new homes on the Mendip border will be managed.

 

The Director of Regeneration & Housing replied that this would be monitored but said there was a chance the Mendip homes could increase the numbers of people that will use the local high streets.

 

Councillor Hughes said that he felt that there was pressure on housing within Midsomer Norton with prices in Bath remaining high and that this could have a knock on effect with people commuting back into the city for work.

 

The Director of Regeneration & Housing replied that the need for transport investment is acknowledged as was the housing challenge and the need for good quality affordable housing across B&NES.

 

Councillor Hughes stated it was vital that the Economic Development team worked alongside the Planning team to find the right mix of industrial sites and the right type of housing.

 

The Chair said that she was pleased to see Market Gardens referred to in the report and commented that a balance was needed with regard to accessing industrial sites through the sometimes narrow lanes in North East Somerset and the everyday access needs of the local community.

 

She also asked if an update could be provided on the progress of rural broadband.

 

The Director of Regeneration & Housing replied that he would provide some feedback on the rollout within Devon & Somerset. He added that at this stage he did not believe there was a mass distribution issue within North East Somerset and that it was about finding the right sites to enable local high quality goods to be made.

 

The Panel RESOLVED to note the work of the Business & Skills Team in delivering our economic development agenda and its attempts to promote inclusive economic growth throughout the district.

Supporting documents: