Stockton-on-Tees Borough Council

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View Cabinet Decision Record

Cabinet Decision: 17th March 2011
Title of Item/Report
Economic Climate Update Report
Record of the Decision
Cabinet considered a monthly update report providing members with an overview of the current economic climate, outlining the effects that this was having on Stockton Borough, and the mitigations already in place and those being developed.

Members noted the many positive aspects to the update, particularly in terms of new engineering, manufacturing and chemical jobs being attracted to the area.

Members also noted that the number people aged 18 - 24 claiming JSA in Stockton had reduced by 12.9% in the past year.

RESOLVED that the content of the report be noted and the work being undertaken supported.
Reasons for the Decision
The global economic slow down is having a significant affect on local businesses, residents and Council Services.
Alternative Options Considered and Rejected
None
Declared (Cabinet Member) Conflicts of Interest
None
Details of any Dispensations
Not applicable
Date and Time by which Call In must be executed
Midnight on 25 March 2011
Attachment

Date of Publication: 21 March 2011


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