Where are all the jobs coming from?
The Greater Norwich economy has strong growth potential. In the six years since 2011 (when employment hit a post-crash low) the economy has grown by 18,000 jobs. Over the longer period since 2001 it has grown by 30,000 jobs. Over the next few years the potential for growth will be enhanced by the opening of the Northern Distributor Road (NDR), A47 improvements and improvements to train services.
The Greater Norwich authorities work with the New Anglia Local Enterprise Partnership (LEP) to help shape the economic growth and development of the area, and Greater Norwich has become one of the key ‘engines of growth’ in the region.
Our economic advisers believe that the economy can continue to grow strongly, particularly in ‘high value’ sectors. This is reinforced by the LEP’s economic strategy and other plans to attract growth in high tech and knowledge-based industries such as life sciences, biotechnology, agri-tech, food and drink, creative and digital industries, and high-value engineering. This is in addition to other locally important industries such as retail, tourism and financial services. The GNLP will support the creation of a range of employment opportunities, including high-quality, high-value jobs.