Finding prosperity from adversity

19 Mar 2024
Satellite image of the Solent

Two obscure-sounding items on the agendas of last week's Scrutiny Committee and this week's Full Council have got me thinking about our city's economic development.

On their own, 'Solent Local Enterprise Partnership Integration into the Solent Unitary Authorities' and 'Asset Development and Disposal Programme (ADDP)', don't sound particularly interesting, but beneath the surface they're very important.

The first relates to how we work in the region to support business and economic development. There is a clear risk of this becoming more fragmented. As a federalist I would like to see devolution from Westminster and more effective regional government so that joined up economic development can be pursued across the Solent.

The second is a result of the City Council's precarious financial position. It is looking to either sell or redevelop assets. This will have consequences both for the Council itself and for the city. The process contains both risks and opportunities and will need careful oversight, also because there are currently a number of high-profile stalled projects in Southampton.

And on a separate, but related note, I was pleased to see party leader Ed Davey in his recent speech at spring conference reiterating the importance of setting the country back on the path to the EU Single Market.

That would certainly help our economic renewal.

This website uses cookies

Like most websites, this site uses cookies. Some are required to make it work, while others are used for statistical or marketing purposes. If you choose not to allow cookies some features may not be available, such as content from other websites. Please read our Cookie Policy for more information.

Essential cookies enable basic functions and are necessary for the website to function properly.
Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
Marketing cookies are used by third parties or publishers to display personalized advertisements. They do this by tracking visitors across websites.