Economic Growth Conference 2021

Posted on: Thursday, October 21, 2021

Last Friday, Newark and Sherwood District Council's hosted its first Economic Growth Conference. In total 88 delegates attended from 75 businesses and organisations from across the business industry.

The Conference was held in partnership with the Federation of Small Businesses, East Midlands Chamber and Rt. Hon Robert Jenrick and aimed to support local businesses by providing them with an understanding of our economy's future.

Attendees heard from a wide range of speakers, including Robert Jenrick, MP for Newark and Paul Scully, Minister for Small Businesses, Consumers and Labour Markets and Minster for London Department for Business, Energy and Industrial Strategy. They both spoke about the opportunity for Newark and Sherwood businesses in the future through the government's levelling up agenda and new projects and infrastructure - such as the IASTI ® Newark and the newly opened Construction College.

Current business trends, including the emphasis on continuing growth but at a slower pace, was discussed by Natalie Gasson-McKinley from the Federation of Small Businesses and Scott Knowles from the East Midlands Chamber, using data collected from Q2 and Q3 this year. Professor Kim Cassidy, Retail Expert and Professor of Services Marketing at Edge Hill University Business School, delivered several insights into current consumer trends. One of which is that according to data, consumers remain somewhat cautious but are looking at ways to spend their money.

In the afternoon, attendees heard from Professor John Hess - former BBC political editor and broadcaster - on the importance of adapting to ever-changing conditions and remaining curious. Neil Cuttell, Business Manager - Economic Growth and the Visitor Economy from Newark and Sherwood District Council, also spoke about how the Council would enable economic growth through various key projects.

Throughout the day, attendees were offered the opportunity to ask our experts questions relevant to their business, and to attend several workshops. Workshops included information on how to upscale and grow your workforce, the benefits of international expansion and how small businesses and the self-employed can move their business forward.

To listen to these talks in full, you can view the event's live stream on our YouTube channel: