1. North East England Chamber of Commerce
Paul Carbert
Policy Adviser

5. Scores largely unchanged from Q1 Most indicators down from last year
The Headlines
Scores largely unchanged from Q1
Most indicators down from last year
Concerns over cashflow and investment
Brexit and staff shortages worrying firms

8. Cashflow
Manufacturing
-8.7%
Services
+2.1%
Overall
+0.9%

9. Skills supply – demographics
63% of population is working age compared to 62% across England excluding London
Larger proportion of population aged and 65+
Lower proportion aged 0-15 and 25-49
Population projected to grow by 2.1% between 2017 and 2027
By 2027, there will be 32,000 fewer individuals of working age than in 2017 in North East LEP area

10. Skills provision – job-related training
In 2017, 45% of North East LEP area businesses had a training plan in place and 35% had a budget for training (similar rates to England excluding London – 46% and 35%)
63% had funded or arranged training for their employees in the last 12 months (a slightly smaller proportion than England excluding London, 66%)

11. Future Skills Policy Apprenticeship reform – consultation?
Comprehensive Spending Review
T Levels
National Retraining Scheme
Migration policy post-Brexit
Devolution
Augar Review
Brexit
Shared Prosperity Fund
Ministerial Reshuffle
General Election

12. Paul.Carbert@neechamber.co.uk @NEEChamberPaul