Economic Growth in Essex as slow as in North of England – The 60 Year Plan to Throttle its Growth Succeeds

REPORT ON GREATER ESSEX ECONOMY ENTERPRISING ESSEX: OPPORTUNITIES AND CHALLENGES January 2017

Growth in real GVA in Greater Essex has averaged 0.6% a year between 2004 and 2014, slower than the UK average of 1.3% and slower than any other county in the South East and East Anglia. This growth rate, however, is in line with the conurbations of Greater Manchester, West Yorkshire, Merseyside and West Midlands, all of which had growth rates between 0.4% and 0.6% over the decade. London’s 2.6% a year growth rate was double that of the UK.

The report states there is a severe shortage of employment space.

This is and was always the plan.

Circular 42/55

Even within the urban areas…[within Green Belt] , every effort should be made to prevent any further building for industrial or commercial purposes; since this, if allowed, would lead to a demand for more labour, which in turn would create a need for additional housing

What that didnt work did it as those unable to afford to live in London moved to Essex and continue to do so leading to population growth in Essex projected over the next 25 to be 5% greater than the national average.

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