1. A new way to measure Success Gatwick Diamond Economic Growth Forum
Ellen Walsh and Rob Turner
15 June 2017

2. What is a Vibrant Economy?
The three areas we believe are crucial to building a vibrant economy:
Trust and Integrity
Sustainable Growth
Thriving Environments

4. Introducing the
Vibrant Economy Index

5. Vibrant Economy Index - detail
Includes:
Total GVA (£m)
GVA per job (£000)
Average workplace earnings (£)
Employment in Knowledge driven sectors (%)
Businesses with turnover over £1 million (%)
Businesses with turnover over £100 million (%)
Foreign owned businesses (%)
Indices of Multiple Deprivation –Average score
Inequality score
Child poverty (score)
Housing Affordability
Employment rate (%)
Fuel poor households (%)
Unemployment over 5 years (%)
Working age population claiming benefits (%)
Housing benefit claimants (%)
Homelessness
NEETs
Unemployed inequality (ethnicity)
Sports participation (%)
Life expectancy at birth (male and female combined)
Diabetes prevalence (%)
Overweight, including obese, adults (%)
Child obesity in year 6
Happiness (score)
Anxiety (score)
Life satisfaction (score)
Life worthwhile (score)
Mean hours worked differential
Indices of Multiple Deprivation- Air Quality score
Waste recycled
CO2 emissions per capita (kt CO2)
Energy consumption (all fuels) (GwH)
Households on LA waiting list (%)
Total dwelling completions (total)
Total planning applications (total)
Proportion of new residential addresses created in National Flood Zone (%)
Previously developed land housing density (p/HA)
Valid votes turnout (%)
Violent Crimes (per 1,000 pop)
Living alone, aged over 50 years old (%)
Cultural amenities score
Community asset score
Ethnic diversity score
Business formation rates
Residents qualified to NVQ 4+ (degree level)
Knowledge workers (%)
Pupils achieving 5 or more GCSEs at grades A*-C (%)
Employment in higher education (%)
Employment in research and development (%)
Patents granted (per 100,000 pop)
We have an economy that is producing wealth and creating jobs.
Everyone benefits from economic growth. The gap between richest and poorest narrows, regional disparities reduce, and there are opportunities for all.
People are healthy and active, leading fulfilling lives which provides individual prospects.
Our economy has a neutral impact on the natural environment and our built environments are resilient places we want to live in.
Vibrant communities have a lively and creative cultural life, and a clear identity that all its people are proud of. People feel safe and engage in community activities.
Our economy is entrepreneurial and innovative, with a skill sets that can drive future growth.
Prosperity
Inclusion and equality
Health, well being and happiness
Resilience and sustainability
Community, trust and belonging
Dynamism and Opportunity
What does a Vibrant Economy measure?
What does a Vibrant Economy look like?

6. Education matters

7. Importance of employment opportunities

8. Brexit & its relationship to vibrancy

9. Key findings
vibrant-economy-index/

10. Vibrant Economy Index 1 Cambridge East of England 109.48 2 Oxford
Rank
District
Region
Vibrant Economy Index 1
Cambridge
East of England
109.48 2
Oxford
South East
108.54 3
Richmond upon Thames
London
108.00 4
South Cambridgeshire
107.89 5
Guildford
107.87 6
Wokingham
107.44 7
Windsor and Maidenhead
107.27 8
Vale of White Horse
107.17 9
Winchester
106.78 10
Reigate and Banstead
105.82 … 33
Horsham
104.21 36
Mole Valley
104.10 37
Mid Sussex
104.08 58
Epsom and Ewell
103.00 74
Tandridge
102.52 80
Crawley
102.17

12. Prosperity 1 Westminster London 128.64 2 Tower Hamlets 125.81 3 Camden
Rank
District
Region
Prosperity Index 1
Westminster
London
128.64 2
Tower Hamlets
125.81 3
Camden
119.42 4
Islington
118.83 5
Southwark
118.61 6
Crawley
South East
116.00 7
Runnymede
113.21 8
Hounslow
112.79 9
Hillingdon
111.40 10
Slough
110.49 … 19
Mole Valley
107.33 34
Reigate and Banstead
105.92
116
Mid Sussex
100.56
156
Horsham
99.49
169
Epsom and Ewell
99.19
177
Tandridge
98.95

13. Dynamism and opportunity
Rank
District
Region
Dynamism & Opportunity 1
Cambridge
East of England
134.1 2
Oxford
South East
118.8 3
Westminster
London
117.5 4
South Cambridgeshire 5
Vale of White Horse
116.3 6
Camden
116.1 7
Wokingham
116.0 8
Welwyn Hatfield
114.4 9
Richmond upon Thames
113.8 10
Islington
113.6 … 22
Reigate and Banstead
107.60 72
Horsham
102.65 81
Epsom and Ewell
102.23
124
Mole Valley
100.04
158
Mid Sussex
98.63
171
Tandridge
98.32
229
Crawley
97.07

14. Inclusion and equality
Rank
District
Region
Inclusion & equality 1
Hart
South East
109.93 2
Wokingham
108.74 3
Elmbridge
108.55 4
Waverley
108.54 5
Surrey Heath
108.51 6
South Oxfordshire
108.25 7
Mole Valley
108.00 8
Epsom and Ewell
107.92 9
Woking
107.83 10
Chiltern
107.69 … 11
Mid Sussex
107.54 13
Tandridge
107.47 17
Reigate and Banstead
107.32 22
Horsham
106.97
139
Crawley
101.62

15. Health, wellbeing and happiness
Rank
District
Region
Health, wellbeing & happiness 1
St Albans
East of England
111.54 2
Winchester
South East
111.43 3
Richmond upon Thames
London
111.04 4
Guildford
110.13 5
Mid Sussex
110.01 6
Chiltern
109.96 7
South Hams
South West
109.56 8
West Dorset
109.29 9
Horsham
108.78 10
Reigate and Banstead
108.64 … 14
Mole Valley
107.68 26
Tandridge
106.17 30
Epsom and Ewell
106.03
157
Crawley
100.65

16. Resilience and sustainability
Rank
District
Region
Resilience & sustainability 1
Wiltshire
South West
113.42 2
Croydon
London
112.14 3
Barnet
111.18 4
Cornwall
109.56 5
Leeds
Yorkshire and The Humber
109.53 6
Milton Keynes
South East
109.27 7
Vale of White Horse
109.19 8
Aylesbury Vale
109.00 9
Bristol, City of
108.98 10
Charnwood
East Midlands
108.63 … 36
Horsham
105.59 83
Reigate and Banstead
103.14 92
Mid Sussex
102.69
171
Tandridge
99.87
225
Epsom and Ewell
98.25
266
Mole Valley
96.32
281
Crawley
95.50

17. Community, trust and belonging
Rank
District
Region
Community, trust & belonging 1
Oxford
South East
116.36 2
Camden
London
112.24 3
Richmond upon Thames
112.16 4
Southwark
111.52 5
Windsor and Maidenhead
110.70 6
Kensington and Chelsea
110.58 7
Cambridge
East of England
110.04 8
St Albans
108.89 9
South Bucks 10
Weymouth and Portland
South West
108.53 … 44
Mole Valley
105.21 45
Mid Sussex
105.07 56
Epsom and Ewell
104.36 58
Tandridge
104.35
101
Reigate and Banstead
102.27
104
Crawley
102.18
117
Horsham
101.82

18. VE Score card – a balanced economy?
12 January 2019
VE Score card – a balanced economy?
Vibrant Economy Index
Prosperity
Dynamism and Opportunity
Inclusion and equality
Health, well being and happiness
Resilience and sustainability
Community, trust and belonging
Epsom & Ewell A C B A A D A
Mole Valley A A B A A E A
Reigate & Banstead A A A A A B B
Tandridge B C C A A C A
Crawley B A D C C E B A C B A A A B
Horsham A B C A A B A
Mid Sussex

19. Key findings
Lack of relationship between prosperity and other factors underlines need to look beyond GDP
Underlines the importance of the relationships between places – particularly travel to work patterns
Highlights the role of infrastructure in connecting places and facilitating choice
As business leaders it is important to understand the place in which we do business – are there skilled people, is there an environment of innovation and entrepreneurship, can employees afford to live there
Creating economic and societal change needs the public, not for profit and business communities to work together – creating a vibrant economy isn’t simple

20. Panel discussion Bob Pickles Head of Corporate & Government Affairs
Canon UK & Ireland
Julie Kapsalis
Vice-Principal
Chichester College
Faye Bargery
Partner
Irwin Mitchell
Maureen Scholefield
Managing Director
Cullen Scholefield

21. Poll 1

22. Poll 2

23. Manifesto for a
Vibrant Economy

24. Poll 3