The Stoke-on-Trent and Staffordshire LEP has commissioned the development of a local Economic ‘SITREP’ –– to help further understand the dynamics of the local economy and more importantly the needs of local businesses.
The LEP is working with two specialist companies to speak directly with local businesses and to analyse that and other data to provide a granular level insight into the local economy.
The data and analysis will give the LEP a clear understanding of local business demographics and dynamics which will help guide the LEP’s and local partner economic priorities to drive growth in the Stoke-on-Trent and Staffordshire area. As a partnership organisation, the LEP will also use the findings of the report to share a single and real time view of the business base.
The SITREP is currently in its testing phase and will be rolled out more widely to full pilot stage at the start of 2022. If successful, this will become a regular and ongoing asset for partners charged with delivering economic growth. Businesses contacted to take part in the survey are encouraged to share their views and feedback.
A summary analysis of the statistical evidence base and (anonymized) survey will be published as a SITREP on a regular basis.