Strategic Economic Plan

Delivering one million jobs for the North East economy

The North East Strategic Economic Plan

In March 2017, the North East Local Enterprise Partnership published its refreshed Strategic Economic Plan (SEP) for the North East.

It details how we will deliver 100,000 more and better jobs into the North East economy by 2024.

It is one of a number of documents that has been produced since 2012 to set the strategic direction for North East economy growth.

The journey started in 2012, when we commissioned Lord Andrew Adonis, together with a team of major influential figures, to recommend future pathways for the North East economy, focussing on growth and productivity.

The result was the North East Independent Economic Review, which provided us with a detailed, independent evidence base of information. This informed all aspects of our Strategic Economic Plan, which was published in 2014.

Read the North East Independent Economic Review

You can also read a summary of the evidence base here.

Because of the changing economic climate and in light of the UK’s decision to leave the European Union, we took the decision to refresh parts of the SEP, reflecting on new evidence relating to the region’s economic position and evolving public policy environment.

To inform the SEP refresh we did three main things:

  1. Progress: We looked at how we were performing against the targets and actions we set ourselves in the SEP between March 2014 and March 2016. You can find out more in our progress review.
  2. Analysis: We looked at the economic landscape in 2016 compared with 2014. The results of our findings can be found in our economic analysis.
  3. Engagement: We talked to our partners about the areas of our economy that we felt could help us achieve more and better jobs for the region. You can find out more in our engagement paper and also in the summary documents below, which summarise the discussions that took place at these events.

To request any additional information about the refresh of the Strategic Economic Plan (SEP) or to speak to a member of the North East LEP team, please email [email protected]