Dorset and the economic recession Dorset Strategic Partnership Board 3 February 2009.

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Presentation transcript:

Dorset and the economic recession Dorset Strategic Partnership Board 3 February 2009

Increasing deterioration for rural business and communities Bad news far outweighs the good. Rural businesses more reliant on finances secured on mortgage lending, overdrafts and credit card borrowing. Impact of retail closures in market towns – good for independents or urban centres?

SW Regional Economic Task Group Concern with construction sector Loss of European migrants Concern at long-term loss of skills and capacity Loss of apprentices Up-skill the indigenous workforce in preparation for up-turn

Regional Economic Council Chaired by Peter Mandelson and Alistair Darling. Mary Boughton, represents the Federation of Small Businesses.

Local response…. Business Link…advice, workshops Dorset Business…workshops Local authorities…joint sign posting, supportive approach Encourage local procurement Multi-agency approach…CAB et al Area Action Workforce DEP…SME week 6-14 May 2009