Humber LEP Newsletter: April 2019
April has been another important month for the Humber LEP in our efforts to lead on decarbonisation.
This week, we welcomed a report by the BEIS Select Committee into the future prospects of Carbon Capture, Usage and Storage (CCUS).
Our Chair, Lord Haskins, supported the report, which recommends a collaborative approach that “promotes collaboration and benefits CCUS development across the UK”. The committee also set out a recommendation that three carbon clusters should be appointed by 2025.
Additionally, the report recommends that the forthcoming Comprehensive Spending Review take account not only of CCUS’ costs, but also its wider benefits – notably to support the sustainability of heavy industries, many of which are vital to the Humber and UK economies but face challenges under the requirements of the Climate Change Act.
Meanwhile, there was more positive news for the Humber LEP, as the Government’s annual review concluded our collaborative approach was benefiting the region.
The Government’s annual performance review of the commended the “compelling strategic vision around the ‘Energy Estuary’”, the leadership and clear decision-making provided by the LEP Board, and the progress being made in the delivery of its Growth Deal and Enterprise Zone programmes which are supporting growth across the region.
Finally, we have been busy putting together a calendar of events for Humber Business Week 2019, including our flagship Annual Business Summit.
The event takes place on Wednesday, 5th June at the DoubleTree by Hilton Forest Pines Spa & Golf Resort in Broughton.
Join business leaders from across the Humber at our new-look Annual Business Summit. This flagship Humber Business Week event will include:
- The State of the Humber – find out how the Humber economy is performing compared to its competitors
- The Humber LEP’s AGM – your opportunity to hear from and question key decision-makers about the LEP’s work over the last year
- Investment showcase – major investors in the region will talk about their plans and supply chain opportunities for businesses
- The launch of the first phase of work on the new Humber Industrial Strategy – be amongst the first to hear about the next stage of the Humber’s plan for growth
For tickets for the Summit, please click here.
The Humber LEP has welcomed a report that recommends collaborative working and a clear vision are key to ensuring the UK seizes the industrial and decarbonisation benefits of carbon capture usage and storage (CCUS).
Business, council and education leaders have been praised in a Government assessment for their work in developing the Humber economy over the last year.
In a report released on Thursday, the Business, Energy and Industrial Strategy (BEIS) Select Committee stated that the Government should “move away from vague and ambiguous targets and give a clear policy direction.” This view has been supported by Chair of Humber LEP Lord Haskins, who previously spoke to the Committee about the many advantages of delivering CCUS in the Humber region. Regional energy company Drax, which would act as the anchor for any future Humber-based project, has also welcomed the report.
The Government’s annual performance review of the Humber Local Enterprise Partnership (LEP) commended the “compelling strategic vision around the ‘Energy Estuary’”, the leadership and clear decision-making provided by the LEP Board, and the progress being made in the delivery of its Growth Deal and Enterprise Zone programmes which are supporting growth across the region.
Humber Business Week is back for 2019 and boasts an exciting calendar of events across the Humber region, of which Humber LEP is proud to be an official partner.
Taking place this year between Monday, 3rd June and Friday, 7th June, it includes high-profile keynote speakers, expos, conferences, workshops, tours, celebration receptions – and of course the odd networking breakfast and lunch – providing an opportunity for companies of all sizes to acquire new knowledge, gain a better understanding and insights into key regional business developments, and to improve their own network of contacts.
By Stephen Savage, Chair of the Humber Local Enterprise Partnership’s Employment and Skills Board
Despite falling since the introduction of the raising of the participation age in 2015, levels of youth unemployment remains an issue affecting communities across the country. Considering how to get those aged between 18-24 and not in employment, education or training back on the right track is a task every LEP must challenge.