Event celebrates district's economic strength
20 March 2019
The success of South Lakeland’s economy was celebrated at a partnership event for business and community leaders on Friday evening.
Guests attending the annual South Lakeland Partners’ Dinner, hosted by ourselves and Cumbria Chamber of Commerce, heard from the our Chairman, Councillor Eric Morrell, who praised the area’s strong economic performance and the contribution of the business leaders in attendance.
Cllr Morrell said: “South Lakeland continues to be at the heart of economic growth within Cumbria, it is to the great credit of businesses in the room that you have all played a major role in that achievement.
“The district’s economy has seen its sixth year of continuous economic growth. Wage growth since 2011 has outstripped both regional and national averages, and unemployment remains amongst the lowest in the UK.”
Figures released earlier this year by the Office for National Statistics showed that South Lakeland’s multi-billion pound economy is still growing, as more than £21 million has been added to the value of goods and services produced across the district.
South Lakeland’s total Gross Value Added rose to £2.413 billion in 2017, with particular growth in manufacturing and construction.
Cllr Morrell also highlighted our new Council Plan - which has “continued sustainable and inclusive economic growth at its core” - and reaffirmed our ongoing commitment to help deliver 1,000 affordable homes for rent by 2025.
As well as this, Cllr Morrell recognised the economic vision of the Morecambe Bay area between ourselves, Lancaster City Council and Barrow Borough Council.
We have agreed to collaborate with the neighbouring authorities to promote key economic advantages – a reputation for world class skills and innovation, advanced manufacturing, learning and development, excellent transport links and prosperity.
The combined area has a £7 billion economy and is enjoying some of the fastest growth across the country.
The Partners’ Dinner is an opportunity for public and private sector organisations to come together to network and develop stronger relationships, and was attended by key figures from not only business and commerce but also representatives from education, legal, financial, arts and media organisations.
This year’s event at Castle Green Hotel in Kendal was the ninth time the dinner has been held.
Guests also heard from Rob Johnston, chief executive of Cumbria Chamber of Commerce, Barry Leahey, Playdale Playgrounds’ managing director and Jennifer Cormack, sales and marketing director at Windermere Lake Cruises.