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Glasgow Chamber of Commerce. Breakfast Meeting 5 October 2004. The way we were…. Jobs decline from 382K to 326K 81-93…..56,000 jobs lost Economy shrank by 2% 87-92…while the Scottish economy grew by 1.5% 1990…..54K registered unemployed….17% 1990 ….employment rate was 56%.

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Glasgow chamber of commerce

Glasgow Chamber of Commerce

Breakfast Meeting

5 October 2004


The way we were
The way we were….

  • Jobs decline from 382K to 326K 81-93…..56,000 jobs lost

  • Economy shrank by 2% 87-92…while the Scottish economy grew by 1.5%

  • 1990…..54K registered unemployed….17%

  • 1990 ….employment rate was 56%


The way we were1
The Way we were….

  • “Glasgow …worse than East Berlin”

  • “Glasgow patter hides its problems”

  • “Glasgow’s miles worse – the second class city”

  • “No vision in the face of urban devastation


Changes
Changes…….

  • 1982 Consultants’ recommendations:-

  • Restore city centre as Glasgow’s

  • heart for living and working

  • * Expand retail sector

  • * Attract inward investment

  • * Develop event-led tourism

  • 1983 Tourist Board established

    • “Miles Better” campaign launched


Changes1
Changes …….

  • 1985 SECC opened

  • 1986 Burrell Museum opened

  • 1988 Garden Festival

  • 1990 European City of Culture

  • 1996 Year of Visual Arts


Changes2
Changes …….

  • 1999 UK City of Architecture and Design

  • 2002 UEFA Champions’ League Final

  • 2004 New City Events Strategy

  • 2004 New Glasgow brand launched

  • 2004 Selected as preferred bidder for Commonwealth Games


Policy frameworks are in place
Policy frameworks are in place…

  • Metropolitan Glasgow ‘vision’…completed in May 2003….endorsed by the Executive

  • Glasgow City Plan…adopted September 03

  • Economic Strategy…approved April 2003

    ….The agenda for Glasgow has been set….


Metropolitan glasgow our vision for the glasgow city region
metropolitan Glasgow…our vision for the Glasgow city region”

“Our vision is clear. We want Glasgow to be one of the most dynamic, economically competitive and socially cohesive city regions in Europe”…..


City region partnerships
City/Region Partnerships region”

  • Clyde Valley Community Planning Partnership

  • Glasgow Community Planning Partnership

  • Local Economic Forum

  • Clyde Gateway

  • Strategic Partnership Board for the Regeneration of the Clyde


Project partnerships
Project Partnerships region”

City Centre Action Plan

Tourism Action Plan

Welfare To Work Forum

IFSD

Glasgow Film Office

Glasgow North Canal Regeneration

Glasgow Harbour local labour Programme

Glasgow Works programme

Glasgow Business location service


Partnership in action riverside regeneration
Partnership in Action….. region”…Riverside Regeneration

  • £2 Bn investment

    • Strategic partnership

    • Key areas of focus

      • Glasgow harbour

      • Pacific Quay

      • SECC Campus

      • Tradeston

      • Financial Services District


Partnership in action financial services district
Partnership in Action… region” Financial Services District…….

  • Joint Management Group

  • Public realm

  • River crossings/access

  • Public/private partnership

  • Marketing/promotion


Partnership in action financial services district1
Partnership in Action… region” Financial Services District…….

  • Private Sector

  • £200 million property

  • -£50 million Broadband

  • New electricity supply

  • £300 million investment

  • 20,000 jobs over 10 year

  • Launched 2002


Where now
Where now? region”

  • GDP forecast to grow at 3.5% per annum 03-06

  • Employment to grow by 30,000 by 2006

  • ILO unemployment to continue to fall to below 8%

  • Productivity to grow faster than national average

  • Unemployment differentials within the city to narrow


As other people see us
As other people see us…. region”

  • 2nd best retail centre in the UK (Experian)

  • Leading investment centre in Britain (DTZ)

  • 2nd best UK working city (Healey & Baker)

  • 3rd best location in Europe (Fortune)

  • 2nd city for corporate investment (WH mercer)

  • UK’s coolest city (National Geographic)


Economic performance has been good
economic performance region” has been good….

………..Glasgow’s contribution to the

Scottish economy ….

  • 12 % of population

  • 17 % of employment

  • 16 % of GDP

    ….. A strong economic performance

  • The economy grew by 13.6% between 1997-2001

  • Employment levels ... grew by 60K between 1996-1991

  • Unemployment differential narrowed

  • Activity rates increased….20,000 more Glaswegians in work

    …. and forecast to continue… with a growing share of Scotland's jobs and GDP


And is ahead of other uk cities

GDP per capita 2001 (£) region”

25 Edinburgh 35K

29 Glasgow 32K

34 Bristol 29K

43 Leeds 26K

56 Birmingham 22K

57 Manchester 22K

58 Newcastle 20K

61 Liverpool 16K

Source Barclays Bank : 61 European Cities

% Employment changes 03-06

Glasgow 3.9

Bristol 3.0

Cardiff 2.4

Leeds 1.8

Nottingham 1.8

Sheffield 3.0

Manchester 1.2

Birmingham 0.6

Source : Experian

And is ahead…. of other UK cities….


Behind major european cities but catching up
behind major European cities…. region”but catching up….

GDP per capita

Frankfurt 75K

Stuttgart 54K

Copenhagen 51K

Hamburg 43K

Dublin 37K

Stockholm 36K

Glasgow 32K

Lyon 29K

Source : Parkinson et al 2003

% annual growth 2003-13

Lothian 3.0

Glasgow 2.6

Stockholm 2.3

Hamburg 2.0

Stuttgart 2.0

Source : Experian


Challenges
Challenges region”

  • Halting population decline

  • Addressing and Improving on Educational Attainment Levels of Glasgow Schoolchdren

  • Responding to Scottish Water’s - Investing in Water Services 2006-14

    (Q +S III)

  • Improving Employment Rates




Economic activity rates
Economic Activity Rates designated categories

Glasgow’s economic activity rate has grown by 9% since 1990, but remains 10% below the Scottish rate.


Challenges scottish water investing in water services 2006 14 q s iii
Challenges - Scottish Water designated categories “Investing in Water Services 2006-14”(Q +S III)

Investment required nationally for QSIII £6.5B but the engineering industry can only deliver up to £500m per annum

  • 83% of City’s housing land supply may be constrained

  • 45% of industrial land may be constrained

  • Glasgow’s East End alone requires £120m for flooding solutions, water quality and development constraints.

  • Estimated total for Glasgow is £320m (approx one third of National total)

    Multi-agency solutions will be required


Delivering For Glasgow designated categories


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