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NBBC sets the agenda for economic growth

Published on Wednesday, 15th June 2016

The Council is leading the way with its new Economic Development Strategy (EDS), the first of its kind in Warwickshire.

The strategy sets out a framework for long term growth within the borough, promoting a more proactive and facilitative approach to attracting new business and investment. It supports and encourages entrepreneurship and business development in all sectors of the economy, thus raising the quality of life of local people through a strong and diverse business offer and skills base, which will boost opportunities in the area.

The development of the local economy and achievement of better economic outcomes will be realised through better collaborative working and the sharing of resources across partner organisations within the borough and the wider economic area. The borough is, of course, ideally situated within the Logistics “Golden Triangle” with excellent transport links via the M42, M1 and M6. 

Councillor Danny Aldington, portfolio holder for Planning and Development said: 

“Economic development, regeneration and enterprise are firmly at the heart of the Council’s agenda and we’re driving forward our ambitions to revitalise our borough so that we can achieve our full potential.

We’re determined to capitalise on our superb location at the heart of the Midlands, our exceptional transport links, renowned engineering companies like MIRA and international companies like Holland & Barrett, who have their headquarters in the area, huge regeneration potential and strong sense of place and community. Nuneaton and Bedworth has so much to offer.

Historically our approach to economic development has been reactive but our EDS sets out a new proactive approach, putting us in a far stronger position when investment opportunities arise. We’re really leading the way locally; we’re the first borough in Warwickshire to produce an EDS and, of course, we’re the only founder member of the West Midlands Combined Authority (WMCA) within the county.”