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The Future of Local Enterprise Partnerships

On 29th June 2010 GWE Business West[1] brought together representatives of the business community, in Bristol, Swindon, Bath and Gloucestershire, to discuss the new Coalition Government’s approach to economic development[2]. And specifically to discuss the proposal to replace Regional Development Agencies (RDAs) with Local Enterprise Partnerships[3].

Business leaders and representatives from Barclays Corporate, University of the West of England, Whitmarsh Lockhart, Forward Swindon, Howard Tenens, Gloucestershire First, West of England Partnership, Bath, Gloucestershire and Bristol Chambers of Commerce, and the British Chambers of Commerce, were amongst the attendees.

The purpose of the discussion was to, as a business community, see where there are areas of common purpose and agreement and to begin the process of developing a business view that could feed into future discussions with local and national government.

A number of very clear points of common purpose came through:

  • LEPs must be responsible for setting a longer term vision for the economy of their area;
  • LEPs must be business led and have a business ethos, with at least a 50/50 split public/private sector on the board and chaired by business;
  • LEPs should not be fixed on local authority boundaries but on areas that make  sense economically and should be flexible enough to be adaptable with no single solution approach imposed;
  • LEPs should start with a narrow focus on a small number of key objectives to overcome barriers to economic growth including skills, planning, employment and housing land and connectivity;
  • Support for British Chambers approach to all LEPs having 3 key targets – GDP  growth, private sector job creation and economic diversity/vitality;
  • Support for British Chambers approach to ensuring a strong Chamber of Commerce role in the creation of LEPs as the natural business representative organisation in most areas.

There was an overwhelming view that the core role of an LEP needed to include a “translator” role between public sector and business, ensuring local authorities understand what business wants. The LEP would be a conduit for understanding the business view.

On the issue of what constitutes a natural economic area and what “local” means, there was less agreement, with some wanting a more local area approach based around city regions or existing counties and others a more strategic level of operation crossing county boundaries. The common theme however was that whatever geographical area the LEPs are based on, they need to be large enough to attract and engage big business, but small enough to be connected locally, and they need strong business support and leadership.

A general consensus was reached that there would be some benefit in an informal mechanism. Something more strategic to sit above the smaller LEPs, and that the business community could join together to operate at this more strategic level to feed into locally based LEPs. Joining up issues across areas and sharing best practice.

Phil Smith, Managing Director of GWE Business West, said, “We encourage the business community to make its voice heard, to speak to local politicians and other businesses to ensure the business voice is loud and clear on our areas of common purpose. Without business there is nothing – let’s make sure business is at the forefront of the development of these LEPs.”

ENDS
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Note to editors

[1] GWE Business West
Business leadership. Business membership. Business services. Playing a major role in shaping and supporting economic growth and success.

GWE Business West exists to help provide an environment in which business can thrive and prosper. It is a private company with a public, business responsible purpose. It delivers an extensive range of business to business services. Acting on behalf of its members and customers, GWE Business West is a powerful voice for the business community across the Bristol, Bath and North East Somerset, Gloucestershire, Swindon and Wiltshire region, with strong roots in each of its local communities.

GWE Business West operates from offices in, Bristol, Bath, Swindon, Midsomer Norton and Gloucester.

www.gwebusinesswest.co.uk

[2] New Coalition Government’s approach to economic development
The government have now issued an invitation to local councils and business leaders to “come together to consider how they wish to form local enterprise partnerships”.

[3] Local Enterprise Partnerships (LEP’s)
According to the letter from Vince Cable and Eric Pickles issued on 29th June 2010, Local Enterprise Partnerships (LEPs) are seen as providing strategic leadership in their areas to set out a clear vision and local economic priorities. Their purpose will be to create the right environment for business and growth by tackling issues such as planning and housing, local transport and infrastructure priorities, employment and enterprise and the transition to a low carbon economy. Full details will be set out in a White Paper to be published shortly.

[4] Attendees on 29th June 2010

West of England   
Mike Bothamley Beachcroft LLP
Malachy McReynolds Elizabeth Shaw Ltd
Simon Moore Barclays Corporate
Fern Urquhart University of the West of England
Terry Wagstaff West of England Partnership
   
GWE BW Staff  
John Savage GWE Business West
Phil Smith GWE Business West
Nicky Alberry GWE Business West
Colin Skellett GWE Business West
Tessa Coombes GWE Business West
Ian Bell Bath Chamber of Commerce & Initiative
Ian Larrard GWE Business West, Swindon
Nigel Hutchings GWE Business West
James Durie GWE Business West
Nick Weaver Northern Arc Ltd TA Business Link
   
Gloucestershire   
David Owen Gloucestershire First
John Thurston Watts Group
John Little Fluid Transfer
David Tate Silverwood UK Ltd / Gloucestershire Chamber of Commerce
Jon Leamon Cheltenham Chamber of Commerce
Sharon Sheapher Cheltenham Chamber of Commerce/Northern Arc
Michael Ratcliffe Cheltenham Chamber of Commerce
   
Swindon  
Mark Beard Beard Construction
James Lockhart Whitmarsh Lockhart
Karen Walker Forward Swindon
Eilis Cope Howard Tenens
   
Special Guests  
David Frost  British Chambers of Commerce