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Issue - decisions

ECONOMIC DEVELOPMENT STRATEGY

25/09/2025 - NORTH HERTS ECONOMIC DEVELOPMENT STRATEGY 2025-2030

RESOLVED: That Cabinet approved the adoption of the Economic Development Strategy (2025-2030).

 

REASONS FOR DECISION:

 

(1)         The previous Economic Development Strategy was written and published in September 2015, based on historic evidence and not been updated since. The economic landscape of both the political environment, district and wider UK has changed dramatically due to several varying factors, resulting in the strategy becoming outdated.

 

(2)         Therefore, to respond to these fundamental changes and environment, the team were tasked with analysing the district according to economic development and writing a new strategy that is aligned to the most recent Council priorities, and its long-term vision to benefit both businesses and the people who visit, work and live in the district.