Issue - meetings

That:

1)        Council be recommended to approve the Economic Development Strategy 2016-2021;

2)        it be noted that any investment needed to deliver the Strategy (over and above what would be delivered currently through existing budgets) will be brought back to the Executive for a decision.

The Executive considered a report setting out a proposed Economic Development Strategy for 2016-2021 which set out how the Council would facilitate economic growth locally within the context of the Government’s wider agenda for growth and the Thames Valley Berkshire Local Enterprise Partnership (LEP) Strategic Economic Plan.

The Executive Member for Economic Development and Finance informed Members that the intention was to refresh the document on a regular basis as the market and the business community adapt and change to circumstances in the Borough.  Councillor Pollock paid tribute to the work undertaken by Councillor Munro on the Strategy.

The Leader was pleased that there were linkages with the Thames Valley LEP which was one of the most successful LEPs in the country.

RESOLVED that:

1)        Council be recommended to approve the Economic Development Strategy 2016-2021;

2)        it be noted that any investment needed to deliver the Strategy (over and above what would be delivered currently through existing budgets) would be brought back to the Executive for a decision.