Cabinet considered the regular report of the Chief Executive regarding working towards economic strength for Hampshire.
With reference to the report, the national position and Hampshire’s specific response was outlined, as was the progress being made by the first wave of Authorities with a County Deal. It was noted that Hampshire was ready to progress its own Deal and hoped to do so in the new year. The leadership restructure to focus the organisation on the 2050 vision and to drive economic strength was highlighted.
Cabinet recognised the positive steps forward and noted the particular importance of international trade links in the context of predictions that the UK recession will be the longest of all G7 economies. The readiness of Hampshire to enter into a County Deal was also welcomed and as well as the prospectus, the extent of the work undertaken with MPs, partners and local businesses was noted.
The recommendations in the report were considered and agreed. A decision record is attached to these minutes.