Stockport Council and Stockport Economic Alliance to launch new Economic Plan

The borough’s ambitious Economic Plan will be launched at an event to be held on Wednesday, 7 December.

In 2021, the council and Stockport Economic Alliance jointly committed to developing a new Economic Plan for Stockport. Over the last 12 months they have worked together with both residents and businesses across the borough, who were consulted on their aspirations for the local economy. This valuable insight from the community has contributed to the plan, which sets out the shared ambitions and vision for the Stockport economy. The delivery of the Plan will be overseen by the Economic Alliance working in partnership with organisations across Stockport.

The mission of the Economic Plan is to: create and support successful businesses that are stronger, resilient and productive which generate quality jobs which are better paid, sustainable and accessible for the benefit of all our residents.

The plan is broken down into four key priorities as well as a number of supporting actions that underpin the plan and sets out the targets and actions that are required to ensure these are delivered until 2030.

Cllr Mark Hunter, Leader of Stockport Council said: “The Economic Plan is our commitment to achieving a prosperous and thriving local economy here in Stockport. By speaking to local residents and businesses, we have devised a plan that benefits everyone. It will mean residents will have greater opportunity to be in quality employment, earning a Real Living Wage. Improved skill levels and access to new job opportunities and careers information and advice, as well as support in looking for jobs, accessing skills support or starting a business.”

Steve Oliver, Chair of Stockport Economic Alliance, said: “We already have a strong business community in Stockport but the Economic Plan will mean that businesses can continue to prosper, with access to a greater talent pool of skilled people and improved premises and office provision. We will also forge stronger relationships with local colleges and skills providers to influence their curriculum to meet the needs of businesses and the local community. Businesses will also have greater support to contribute to carbon net zero which is hugely important.”

Stockport Economic Alliance comprises senior representatives of Stockport’s major employers, who meet regularly to understand and act upon issues within the local economy. Since its establishment in 1999, the Alliance has developed into an effective and proactive partnership with Stockport’s economic growth at the heart of its ambitions.

The Economic Plan will be available to view online after the launch event, with more information to follow.