Decision details

Cabinet considered an update report of the Director of Hampshire 2050 on the state of Hampshire’s economy and highlighted latest developments on sub-national economic policy making, recognising the importance of a strong and prosperous economy on wider long-term outcomes across the county. During the discussion it was noted that Hampshire benefitted from positive statistics in terms of a healthy workforce, tracking above the national average.  The Growth and Prosperity Board would enable a more joined up approach and provide autonomy and control of investment across the Hampshire area.  Opportunities for alignment of skills in the area for businesses now and in future and matching to jobs in the area was important as part of the County Council’s new governance and accountabilities.  It was confirmed that the Growth and Prosperity Board would be aligned with the County Council’s democratic decision-making timelines to ensure timely consideration of Board recommendations.

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