Decision details

Cabinet considered a report of the Director of Hampshire 2050 and Assistant Chief Executive regarding long-term economic strength for Hampshire and proposals regarding the integration of Local Enterprise Partnership (LEP) functions.

The Chairman clarified that the guidance from government had been clear regarding upper tier local authority responsibility for the integration of LEP functions from April 2024.  He acknowledged the need to progress alongside key stakeholders, including existing LEPS, businesses, education and skills colleges and other local authorities.

Cabinet noted that following the announcement in the summer, the County Council wrote to all district and borough leaders regarding its ambition to work collaboratively.  The report also highlighted opportunities to progress a pan-Hampshire solution for the combined area with Southampton, Portsmouth and the Isle of Wight which was supported by business.  However, the local unitary authorities’ position was to progress a separate solent only solution in respect of the LEP integration.  The County Council respects its neighbours’ position and would therefore move forward with governance arrangements for the administrative area of Hampshire, and would continue to work together with its neighbours where it was in the common interest to do so. 

Cabinet discussed a number of economic benefits in Hampshire and heard that the value of the cruise industry to the local economy was around £2.7m per visit, which was linked to jobs and the food chain industry among others.  Also of huge benefit to the area was the geographical situation of Farnborough Airport, the only business airport in the region and with its good links to London provided unique connectivity for Hampshire.  The airport itself was a major employer for its area and the siting of the Gulfstream service centre at Farnborough was hugely beneficial economically for the area.

The recommendations in the report were considered and agreed. A decision record is attached to these minutes.