News - 25 October 2013

Positive GDP figures welcomed and now we must build further, says D2N2 LEP

UK economic output rose by 0.8% between July and September, according to official GDP figures out today.

The Office for National Statistics said there had been a “fairly strong” performance across all sectors.

The data builds on a 0.7% GDP rise in the April-June period and is the best quarterly performance since 2010.

D2N2 Local Enterprise Partnership Chairman Peter Richardson said: “This is welcome news to see the economy is moving in the right direction and the D2N2 LEP is ambitious about accelerating sustainable economic growth. 

“Business led, working locally in partnership with local and national government it is helping to bring real benefits in jobs, housing, exporting and increasing the number of businesses across both Derbyshire and Nottinghamshire and the wider East Midlands area.

“D2N2’s investment through our allocation from the Government’s Regional Growth Fund and our Growing Places Fund has helped to create more than 500 jobs in the Derbyshire and Nottinghamshire area with further applications progressing and more jobs set to be created in the coming months as a direct result of this funding.

“Next month, MediCity is set to open its doors in our Enterprise Zone bringing a further economic boost for the area and again demonstrates national policies delivered locally.

“D2N2 is part of a solution in driving economic growth forward. Whilst there remains a lot of hard work, we are confident we are making real strides to deliver our goal of creating 55,000 jobs across Derbyshire and Nottinghamshire mostly in the private sector – an   economy that outperforms its past performance and future expectation.”

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