1 / 24

Economic Opportunities and Challenges in East Suffolk

Discover key statistics, employment sectors, growth areas, and societal trends in East Suffolk, a region with a growing population and diverse economic landscape. Learn about the impact of industries, tourism, housing, and infrastructure on the local community. Explore the opportunities for sustainable development and improvements in health, education, and employment.

audra
Download Presentation

Economic Opportunities and Challenges in East Suffolk

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The State of East Suffolk 2012

  2. 242,000 population Population grown by 6.4% in last 10 years Population forecast to increase by 17% by 2035

  3. 41,000 population increase expected to come in total from increase in 65+ age group

  4. Main employment sectors : retail (11,300), health (10,100), manufacturing (9,600)

  5. Employment increase by 6,500 jobs by 2031 Key growth sectors: finance and business services, transport, hotels and restaurants

  6. 75% of business are micro businesses Over 95% of businesses are SMEs

  7. Lowestoft College Students at Sizewell B

  8. BT Martlesham

  9. Felixstowe: largest UK container port 40% of the country’s cargo - £60bn imports and exports Current expansion to add £20bn and create 1,500 jobs

  10. Growth sectors: renewable energy

  11. Growth sector: Local food and drink

  12. 9 million tourists visit annually £500m to the local economy 11,000 people employed in the sector

  13. Parts of Lowestoft with JSA claimants over 7% Rest of Lowestoft, Felixstowe & Beccles rates between 4-7% Suffolk Coastal overall low rates of unemployment – 1.5%

  14. UK average GCSE results 58.2% Suffolk Coastal 58.5% Waveney 48.4%

  15. Average house prices Suffolk Coastal £206k Waveney £138k Affordability an issue Housing condition an issue in some locations

  16. 80% of residents in the middle part of the area have 60 mins + travel times by public transport to NHS hospitals New transport infrastructure will enable growth and greater accessibility

  17. Sizewell C New build – opportunity for provision of 4 villages' by-pass

  18. Local environmental groups such as Greener Fram

  19. Excellent natural environment: Suffolk Coasts and Heaths AONB, numerous SSSIs, Minsmere, gateway to the Broads National Park

  20. 79km coast and major river estuaries Supports economy, tourism, agriculture, ports & harbours Net loss of land to the sea - erosion affecting 54% of coastline

  21. Suffolk Coastal relatively healthy – e.g. low levels of obesity, lower prevalence of smoking Waveney: life expectancy difference for men 9.6 years

  22. Generally a safe place to live and work Reduction in many types of crime and reduction in ASB Some upward trends such as burglaries in Lowestoft

  23. Troubled Families Focus on youth crime, school absenteeism and worklessness

  24. East Suffolk Opportunities • Building on economic prosperity, growth sectors and infrastructure developments. • Ensuring people have the skills to meet employment opportunities. • Encouraging a growing, ageing population to live well. • Reducing disparities in health, housing, employment, education, crime between communities. • Reducing the impact of coastal erosion and flooding. • Sustainable activities, linked to the environment – food, tourism, green economy, community-focused activities

More Related