Liverpool City Region’s Growth Plan is 10-year blueprint to boost the economy

‘Bold and ambitious’ plan to add £10bn to the Liverpool City Region economy and create tens of thousands of jobs

• Liverpool City Region Growth Plan is 10-year blueprint to boost the economy
• Increasing productivity is key to raising living standards
• Focus on growing region’s most productive industries
• Plans also to improve transport, housing, health and infrastructure
• Aligns with national growth mission
• Mayor: ‘This is our moment to show the country what we can achieve when we back ourselves.’

Mayor Steve Rotheram today launched a ‘bold and ambitious’ 10-year blueprint to create tens of thousands of jobs and add £10bn to the Liverpool City Region economy.

Built on innovation and collaboration, the Liverpool City Region Growth Plan is a roadmap to increasing wages, driving investment, raising living standards and providing better services for the region’s 1.6 million residents..

Increasing productivity is at the heart of the plan, which if raised to the national average would alone add £6 billion to the city region’s £43.3 billion-a-year economy.

This will be achieved by building on the city region’s world leading innovation while accelerating growth of its most productive sectors including advanced manufacturing, health and life sciences, digital and technology and creative industries supported by maritime, professional and business services and the visitor economy.

With plans for the world’s largest tidal power scheme, the city region will also embrace clean energy opportunities and emerging green technologies.

Developed – and to be delivered – in partnership with local authorities, businesses, universities, the voluntary and community sector, unions and Government, the plan highlights the importance of improving skills, public transport, housing, health and infrastructure for raising productivity.

Providing a skilled workforce and better services and infrastructure will help attract and retain high performing businesses that can pay higher wages and more taxes to fund public services and investment.

The Combined Authority is using its devolved powers and strategic investments to strengthen the foundations of the city region economy to ensure everyone can realise their potential.

Steve Rotheram, Mayor of the Liverpool City Region, said:

“This is our moment to show the country what we can achieve when we back ourselves, invest in our own future, and build the infrastructure for the next generation.”gramme, click here.

“Nobody on the doorstep has ever asked me to explain my growth plan for the city region – but this document is possibly the most important strategic document we will ever produce.

“Our Growth Plan is a blueprint for a fairer, greener, more prosperous future – one where ambition, partnership and determination come together to create jobs, power homes with clean energy, and give every child the chance to reach their full potential here.

“I know the word ‘growth’ can often feel a bit abstract – it doesn’t mean much to ordinary people in their daily lives. What really matters is what growth means in practice. It’s about jobs you can build a life on, opportunities for your kids and grandkids, new homes you can afford to live in, investments in public transport and investment that brings prosperity back to our communities.