{"id":83376,"date":"2025-05-08T01:53:25","date_gmt":"2025-05-08T01:53:25","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/83376\/"},"modified":"2025-05-08T01:53:25","modified_gmt":"2025-05-08T01:53:25","slug":"have-your-say-on-new-economic-development-plan","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/83376\/","title":{"rendered":"Have your say on new economic development plan"},"content":{"rendered":"


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Thousands of new jobs and businesses have been created in Hackney in the last eight years, making it London\u2019s fastest growing local economy.<\/p>\n

Now, Hackney Council is calling on residents and businesses to have their say on a bold new economic development plan<\/a> that seeks to ensure that economic growth can continue and the benefits of growth can be better accessed by residents.<\/p>\n

The plan aims to back businesses to grow, put green skills at the heart of a booming local economy and work with key industries and employers to drive up wages and open up more opportunities to local residents.<\/p>\n

With 50,000 new jobs and 5,000 new businesses created since 2017, Hackney\u2019s economy has grown at the fastest rate than any other borough in London*. It has welcomed new economic activity in the creative, tech, and professional services sectors, making Hackney home to some of the country\u2019s most exciting and innovative businesses.<\/p>\n

This growth and investment has brought benefits such as new jobs, new skills and education opportunities, business growth and increased spending in Hackney\u2019s town centres and high streets. However, despite this economic success, the borough continues to experience high levels of income deprivation, which is the third highest in London, and the proportion of children in low-income households after housing costs are taken into account, which is the seventh highest.<\/p>\n

To ensure more Hackney residents directly benefit from the borough’s economic growth while creating a greener, fairer, and more resilient borough, the draft economic development plan outlines how Hackney can capitalise further on its economic success by working with businesses, education institutions, key partners and stakeholders to enable good growth and development, tackle poverty and inequality, and address the climate emergency.<\/p>\n

It outlines how the Council will support and enable good and sustainable economic growth, collaborate with key partners and stakeholders, invest in sustainable practices and support local skills development to achieve a fairer, more inclusive Hackney. It sets bold ambitions for the borough across four new missions:\u00a0<\/p>\n