Consultation launched to define Liverpool’s 15-year economic vision

Consultation launched to define Liverpool’s 15-year economic vision

Liverpool City Council has launched a public consultation seeking feedback from businesses and residents on a vision to enhance the city’s economy over the next 15 years. The Inclusive Economic Growth Strategy is aimed at providing a framework for growth up to 2040, with an eight-week consultation period underway to help shape the resulting action plan.

The vision for Liverpool 2040 aims to establish a robust and inclusive economy that uplifts all members of the community. By focusing on building a fairer, more prosperous, and sustainable city, the strategy seeks to generate opportunities for a high quality of life for all residents.

Key themes of the draft strategy include strengthening key sectors like Health & Life Sciences, Creative and Digital industries, Advanced Manufacturing, and Maritime to drive growth, innovation, investment, and productivity. Additionally, the strategy emphasizes building a resilient business base, ensuring access to skills development and employment opportunities, as well as placing people at the center of growth activities to support aspirations and networks.

To gather public input, various engagement events will be organized in the coming months, allowing individuals to share their views. Interested parties can also participate online to learn more about the strategy and provide feedback. Liverpool’s current £16.7 billion economy, along with its challenges such as low productivity, financial pressures, inequality of opportunity, and health issues, underline the importance of this inclusive growth strategy in shaping the city’s future economic landscape

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