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    Mark Barrow: Strategic Director: Development Birmingham City Council

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    Dev Masih
    Birmingham faces significant financial, political, economic, and social challenges. The city has seen reduced government revenue and spending cuts. However, Birmingham remains an important regional employment hub, center of commerce and industry, and second only to London in retail spending. The Big City Plan aims to grow the city center by 25% through 50,000 new jobs, new development, and improved infrastructure to help address these challenges.

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    Mark Barrow: Strategic Director: Development Birmingham City Council

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    Dev Masih
    395 views18 pages
    Birmingham faces significant financial, political, economic, and social challenges. The city has seen reduced government revenue and spending cuts. However, Birmingham remains an important regional employment hub, center of commerce and industry, and second only to London in retail spending. The Big City Plan aims to grow the city center by 25% through 50,000 new jobs, new development, and improved infrastructure to help address these challenges.

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    Big Society

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    Ethnic Business Forum Jan11

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    Birmingham faces significant financial, political, economic, and social challenges. The city has seen reduced government revenue and spending cuts. However, Birmingham remains an important regional employment hub, center of commerce and industry, and second only to London in retail spending. The Big City Plan aims to grow the city center by 25% through 50,000 new jobs, new development, and improved infrastructure to help address these challenges.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT or read online from Scribd
    Download as ppt
    395 views18 pages

    Mark Barrow: Strategic Director: Development Birmingham City Council

    Uploaded by

    Dev Masih
    Birmingham faces significant financial, political, economic, and social challenges. The city has seen reduced government revenue and spending cuts. However, Birmingham remains an important regional employment hub, center of commerce and industry, and second only to London in retail spending. The Big City Plan aims to grow the city center by 25% through 50,000 new jobs, new development, and improved infrastructure to help address these challenges.

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    Attribution Non-Commercial (BY-NC)
    Download as PPT or read online from Scribd
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    of 18

    Mark Barrow

    Strategic Director: Development


    Birmingham City Council

    1
    Financial challenges !

    • 28% reduced revenue grant (£230m)


    • 66% reduced capital spend
    • £100m lost area based grants
    • Save £330m over 3-4 years
    • Building Schools for the Future stopped
    • PWLB rates increased 1%

    2
    Political challenges !
    • Localism Bill
    – directly elected mayors
    – measures to reinvigorate local accountability, democracy and
    participation
    – closure of Regional Development Agencies
    – social housing measures
    – abolition of Home Information Packs
    – home swap measures to increase mobility among social
    housing tenants
    – abolition of the Tenant Services Authority
    – reform of the planning system
    – repeal of Regional Strategies and introduction of a duty to co-
    operate for local authorities
    – abolition of the Infrastructure Planning Commission
    3
    Economic challenges !
    • Last time WM performed at national GVA average
    was 1976
    • Regional GVA Output gap = £15bn
    • Decline of Manufacturing:
    • But - if you remove London - Birmingham
    performs above national GVA
    – 1998 = 25.4% 2008 = 10.6%
    – B’ham 97% vs. WM Ave 83.4%
    • In 2006 40% of all UK corporate profit came from
    finance sector… 4
    Social challenges!
    • 4th highest English unemployment rate
    – 60% in work
    • Official December JSA 11.2%
    – 26% employed in the public sector
    – 46,500 young people JSA
    – Unemployment distorted by travel to work !

    5
    But we are :
    • the regional employment hub
    – over half a million people work in the city.
    – 150,000 in-commuters

    • regional centre for commerce and industry

    • The provider a significant proportion of the higher paid


    employment in the region.

    • The leading financial centre outside London, employing over


    111,000 people in the banking, finance and insurance sectors

    6
    You are important !
    • 80% independent retailers
    • 30% of the 500 business supported through
    the Business Development Fund
    • 320 businesses awarded rates relief
    • A ethnic owned business recently benefited
    from a £250k loan – Birmingham Loan
    Fund
    7
    We are :
    • the largest city economy in the UK outside of London,
    – in 2008 Birmingham’s economic output totaled £20.2bn, this
    accounts for 21.5% of regional economic output and 1.6%
    of economic output in the UK
    – Our retail centre is second only to London in terms of retail
    spend.
    – Birmingham was the 4th most visited city in the UK in 2009.

    • Has a growing reputation as an international business location.


    – 18th in Cushman and Wakefield’s 2010 European Cities
    Monitor

    8
    9
    Growing the Core by 25%

    10
    Big City Plan
    • Grow Core 25%
    • 50,000 new jobs
    • 1.5m sq.m mixed use
    • 5,000 city centre homes
    • £2.1bn additional GVA
    • 65,000m2 open space
    • 28km improved cycle/walking
    • Launched Sept 2010

    11
    Key physical enablers
    • New St. Station £620m
    • Library of Birmingham - £190m
    • Eastside - £60m
    • Metro Line - £125m
    • Birmingham Airport - £125m
    • High Speed 2 £???

    12
    13
    Big City Plan - themes
    • Liveable
    • Connected
    • Authentic
    • Knowledgeable
    • Creative
    • Smart

    14
    “Vision for Movement” – Nov 2010
    • City Centre Transport
    • Metro
    • Birmingham Sprint
    • Investment in bus facilities
    • Park & ride
    • Improved walking routes
    • Smartcard – Birmingham’s
    ‘Oyster’

    15
    Local Enterprise Partnership
    Key priorities:
    • 100,000 jobs
    • Increase GVA by £8.25bn by 2020
    • Stimulate business growth
    • Improve survival rates / profitability
    • Key sectors – low carbon, R&D, Transport &
    Building Technologies, Business & Financial
    Services, Clinical research, Creative & Digital
    • Build a world class workforce !
    16
    Aligning our ducks !
    • Big City Plan – Launched Sept 2010
    • Vision for Transport Launched Nov 2010
    • Core Strategy – draft Dec 2010
    • Economic Development Strategy - Mar 2011
    • LEP formally commences Apr 2011
    • Finance ?
    – TIF’s, EU, RGF, Business Rates, BID’s, CBB’s,
    BIB’s, LTP, Local Gov Resource Review
    17
    Thank You !

    18

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