Development Series: Cheshire Update - John Adlen, growth director, Cheshire & Warrington LEP

1. PLACE NW: CHESHIRE UPDATE
JOHN ADLEN
GROWTH DIRECTOR
CHESHIRE AND WARRINGTON LEP
06 JUNE 2019

2. A £30.9bn economy with an ambition to be a £50bn economy
by 2040
2.7% average annual Gross Value Added (GVA) growth
compared to 2.2% in the UK and 2.1% in NW
Highest GVA per head of northern LEPs and 4th highest of all
LEPs – £33,384
£34.63 produced per hour worked – 4.1% higher than UK and
13.6% higher than the NW but stagnant and still not back to
2007 levels
Our economy

3. Productivity
28
30
32
34
36
38
40
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
GVAperhourworked(£)
Cheshire and Warrington North West UK Greater Manchester
C&W
UK
NW
GM

4. Manufacturing is the largest sector by GVA at £7.7bn – 25%
of GVA with 9% of the jobs
Super strengths (high productivity, specialisation and jobs)
in petroleum, chemicals & pharma and motor vehicles
Specialisms in chemicals, automotive assembly, nuclear
energy, oil refining, medicines discovery and manufacture
Our key sectors

5. ▪ 300,000 sq ft new floorspace
▪ 50 new businesses
▪ 1,000+ new jobs
▪ Pipeline of 13 development projects
▪ 1.5m sq ft of new floorspace over next 3-years
▪ £30m investment
▪ £96m in retained business rates
The Cheshire Science Corridor

6. The Glasshouse, Alderley Park

7. Aviator, Hooton Park

8. Helix Business Park, Ellesmere Port

9. Rhino Products, Ellesmere Port

10. Quadrant Phase 2, Birchwood Park

11. Warrington
New City
Mersey-Dee
Alliance
Constellation
Cheshire Science Corridor
Liverpool Manchester
Stoke-on-Trent
Crewe
Chester

12. For more information…