The strategy outlines the council’s proposed approach to economic development and how it will work alongside partners to support the local economy to grow.
It is based on 3 interconnected themes of place, people and productivity and a central principle of ‘good growth’.
This means achieving both the right quantity and the right quality of growth; creating a strong, productive and resilient economy where a radical uplift in business competitiveness, productivity and profits goes hand in hand with access to good jobs that pay higher wages, and fostering a place where all residents have access to opportunities and enjoy improved quality of life.
Through the consultation the council wants to understand what people’s priorities are for the city’s economy.
Council Leader, Councillor Stephen Simkins, said: “We want all businesses, residents, families and communities to benefit from the growth and new opportunities in our city.
“This strategy sets out a new vision for economic growth in Wolverhampton, a vision which is focused on delivering good growth.
“It explains the focus of our work, and actions that can propel Wolverhampton’s economic prospects and, fundamentally, the life chances and wellbeing of our residents so that ‘All Wulfrunians live longer healthier lives’.
“It is essential local communities are engaged in the process to have confidence in Wolverhampton’s economic potential and future – and I would urge people to spare a few minutes to take part in this survey.”
A copy of the draft Good Growth Strategy and online survey can be found at Good Growth Strategy.
The consultation closes on Tuesday 6 February, 2024.
