Localism and Economic Development

Page 1

Neil Rousell Director of Regeneration, Leisure and Culture Future of London Workshop


Aims and Objectives 1.

To provide an update on the Economic position of Enfield

2.

To explore the importance of scales and levels when exploring potential interventions towards Economic development issues.

3.

To take a look at projects being undertaken towards building a Vibrant local economy.

4.

Investment !!!!

5.

Growth !!!!


Enfield’s Position Borough

Neighbourhood

• • •

Enfield 12 miles from centre of London, pop: 291,000 Enfield now ranked as 64th most deprived local authority Enfield is ranked 11th worst in the country on child poverty

33% of Enfield’s households are claiming workless benefits (JSA, IB, IS, CA) 22% of Enfield’s households are claiming Working Benefits (WTC, CTC) Both higher in comparison to England, London & Outer London statistics 3,510 children in Enfield have at least one parent in work, yet are still in poverty – the so called “working poor”

• • Family

• • •

Over 1 in 3 of Enfield’s dependents under the age of 20 years of age live in poverty 20,000 lone parent families are living in poverty 48% of households with 3 or more children are living in poverty

Individual Source: Enfield Profile


Economic & Social Regeneration Manchester University / CRESC 1. CSR – Big Business 2. Collective purchasing 3. Pension funds Physical Regeneration 1. Meridian water and Edmonton 2. Ponders End 3. New Southgate 4. Enfield town

Regeneration Delivering the Future of Enfield


Economic Development • DEN – pre feasibility indicates viability • Links to NLWA Plant as power source • Joint venture with Commercial Interest • Green energy for business • Municipal Power Company ?

Decentralised Energy


Meridian Water • • • • •

Master plan Options now available 5000 Homes 3000 New Jobs Stakeholder Discussions LDF Sub Committee approved consultation


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