Issue - meetings

To endorse the Newark & Sherwood District Council Sustainable Economic Growth Strategy for 2026 – 2031

The Business Manager - Economic Growth & Visitor Economy presented a report which sought approval of the Newark & Sherwood District Council Sustainable Economic Growth Strategy 2026 – 2031. The Strategy, which was attached as an appendix to the report, was proposed based on providing a strategic direction for the Council which provided a data and evidenced based approach. The Strategy identified a number of emerging priorities which aligned with the UK Industrial Strategy and the EMCCA Growth Plan & Inclusive Growth Commission. The Strategy also had a greater focus on health and raising aspirations of young people.

AGREED      (unanimously) that Cabinet endorse the Newark & Sherwood District Council Sustainable Economic Growth Strategy for 2026 – 2031.

Reasons for Decision:

To enable a strategic, meaningful direction of travel for local economic growth the proposed recommendation to update the Sustainable Economic Growth Strategy based on data and evidence is recommended.

Options Considered:

There is an option to not update the Sustainable Economic Growth Strategy. This option has been discounted as Newark & Sherwood District Council have identified economic growth as a priority.