Gatwick Diamond Economic Growth Forum content director Ross Sturley writes a regular blog on economic growth in the region.
Gatwick Diamond one of UK’s best performing areas
The Centre for Cities, a national research and policy institute, has published a new report entitled “The Economic Geography of the Gatwick Diamond”. It says that the Gatwick Diamond’s GVA has grown to £24bn in 2015 making it one of the UK’s best performing areas.
Coast to Capital agree Crawley funding
A substantial Local Growth Fund investment of £14.64 million – boosted by a further £15m from local councils – has been confirmed by Coast to Capital Local Enterprise Company for a significant regeneration programme in Crawley.
Gatwick “ready to deliver”, Heathrow “undermined”
Stewart Wingate, CEO of Gatwick Airport, has underlined the airport’s vital role for Britain and calls on the Government to outline a clear path for sustainable growth, pointing out that expansion at Gatwick would produce more economic benefits than expansion at Heathrow.
How does the Gatwick Diamond measure up?
Delegates at the recent Gatwick Diamond Economic Forum got a new perspective on the regional economy, and how it can be grown, as two major new reports were presented.
Gatwick Diamond could feature high in UK economic rankings
The Gatwick Diamond could rank high against other UK regions, it seems, from the recent national Centre for Cities report.
Gatwick growth can spur jobs growth
Growth at Gatwick could support 13,000 new jobs and contribute £6.5 billion to UK GDP, according to most detailed assessment to date
LEP cash is welcome boost
£66m of Government cash is on its way to the Coast to Capital LEP, to fund a variety of investments designed to aid economic growth, in a welcome boost for the Gatwick Diamond economy.
TfL management could improve our rail links
New polling commissioned by the Mayor of London has revealed that passengers across London and the wider commuter belt are turning against the Transport Secretary, Chris Grayling, over the ongoing chaos on commuter rail lines into London. Just 14 per cent of London’s commuters now back him over this decision to keep London commuter lines in control of the train operating companies.
Southern get £20m
The Government has announcd £20m of funding for Southern Rail, to help it “get to grips” with its problem, as Southern’s parent company announced a £100m profit. Sadly, the dispute with the RMT union continues. For the good of the Gatwick Diamon economy, it must end.
Could TfL help Southern Rail?
The nightmare of the dispute on Southern Rail has attracted the attention of the Mayor of London, who has called for Transport for London to take over the franchise.
Would a review of the Green Belt help the Gatwick Diamond?
Housing should be strategically built on London’s Metropolitan Green Belt to halt its piecemeal development and alleviate development pressure on the Wider South East, while protecting environmentally important areas, says a new report from the London School of Economics and Political Science.
This could open up open land in the Wandle Valley for planned development, including housing and employment. The report’s authors argue that the Green Belt protects land that does not merit protection, while allowing development on land that does.
Even without a second runway at Gatwick, there is a housing problem in the Gatwick Diamond. Recent figures from the Government on household formation suggest that rate of growth of the number of households in the Gatwick Diamond, and a key determinant of the number of new homes required, will outstrip the average for the country by some distance.
The odds on Gatwick being chosen by the Government as the location for the new South East runway have been cut by several bookmakers, following Theresa May’s appointment as Prime Minister, and the appointment of her new cabinet.
Sadiq backs Gatwick
The recently elected Mayor of London, Sadiq Khan, has visited Gatwick to hail the airport’s decision to boost its investment in the airport by an additional £200 million, and to back its bid for expansion.
Government delays airport expansion decision yet again
The Government is reported to have delayed its decision over where to build a new runway again, adding yet more time for competitors to grow their economies while the UK’s suffers.
The War for Talent – an account of the Gatwick Diamond Economic Growth Forum 2016
At the 2016 Gatwick Diamond Economic Growth Forum delegates discussed how we can make our region more attractive to investors, and therefore create new, high quality, well paid jobs.
What’s good about the Gatwick Diamond Economy?
It’s important to understand why major employers and investors put their time and money in to our Gatwick Diamond. Those of us who live and work here understand the value of the superb road, rail and air connections to domestic and international customers, and the high quality of life here, but what would make it more attractive?
Growing the Gatwick Diamond Digital Economy
For 2016, the theme is the digital economy, so as well as taking a look at the airport and how its plans could provide greater economic growth across the Gatwick Diamond, and hearing from important investors and employers like Stewart Wingate, CEO of Gatwick Airport and Surinder Arora, CEO of Arora Group about what they are investing in and why, this year’s Forum will spend some time considering our digital sector, and how it can grow further, providing more jobs, and generating more local economic value.
Sub-Regional planning required?
Planning consultancy Barton Willmore says that greater sub-regional planning if the UK is to capitalise on the benefits of airport expansion.
Davies plumps for Heathrow
The Davies Commission has reported and recommended a third runway at Heathrow. This may not be a good decision for UK Plc because, many people say, Heathrow remains politically, and environmentally undeliverable, and will need to use public money for road infrastructure. Further, the continuing uncertainty over where the next runway will be built leaves the business community struggling.
Show me the money
Coast to Capital Local Enterprise Partnership (LEP) has signed a Growth Deal with central Government that will see the start of a six year investment programme in jobs, infrastructure and transport.
Surface access is the key
Gatwick Airport has said it is a better choice for runway expansion because of the already programmed road and rail improvements that, it says, will leave it ready for a second runway.
Boris worries over “political fix”
The Mayor of London has told the Evening Standard that a “political fix” is putting Gatwick in pole position for a new runway, while Willie Walsh of BA also thinks Gatwick will win the race.
Govia have been awarded the Thameslink, Southern and Great Northern (TSGN) franchise by the Department for Transport (DfT). This is a bid moment for the Gatwick Diamond.
Planning for delay?
Gatwick, and Heathrow, have submitted their revised plans for a second runway to the Davies Commission.
Time to back Gatwick?
Gatwick has put forward improved proposals for a second runway for consideration by the Airports Commission. It’s arguments are strong, but the airport needs support to win the debate.
Saving Employment Space
Our Gatwick Diamond employment land is precious. As investment advisors often point out – they’re not making any more of it.
As Gatwick unveils a campaign – ‘Gatwick Obviously’ – to step up its case for expansion, reports suggest that it is moving ahead in the race to be allowed an extra runway.
What can we learn from Denver?
Denver moved its airport in the 1990s. This is being used as an example for why the Estuary Airport idea makes sense. Is it a good example, and what can we learn?