The report of the Chief Executive is enclosed.

That the “Developing a More Inclusive Economy – Our Manchester Industrial Strategy” be adopted as the Council’s strategy.

A report from the Chief Executive asked that a proposed Local Industrial Strategy for the city be adopted. The report explained that the draft strategy had been developed to complement the UK Government’s Industrial Strategy and also the development of the Greater Manchester Local Industrial Strategy. Preparation of the strategy had involved extensive consultation and engagement with many stakeholders across the city. The meeting thanked the staff who had undertaken all the work involved in the development and drafting of the Strategy. 

The proposed strategy considered Manchester’s successes and challenges. It had been written so as to focus on three pillars: People, Place and Prosperity. The text on each of those pillars contained a number of themes to be prioritised to promote economic and social justice in Manchester. The strategy also included case studies that highlighted the positive work that was already underway across the city. The report also proposed that the strategy be made a part of the Council’s Policy Framework.

The strategy document was praised and welcomed.

Decision

That the “Developing a More Inclusive Economy – Our Manchester Industrial Strategy” be adopted as the Council’s strategy.