The local economy

The Borough has a growing economy, and is home to a 400 company strong marine energy supply chain with over 50 years of offshore experience. Funding has been sourced through the New Anglia Local Enterprise Partnership with two sites, South Denes and Beacon Park gaining Enterprise Zone status helping to grow and develop business for the Borough.

Download the profile of the Borough (PDF, 870 KB)(opens new window) that covers:

• the local economy
• the labour market
• local demographics

Our Economic Strategy 2020-25 (PDF, 2 MB)(opens new window) sets out the Council's approach with partners to supporting the growth of the local economy until 2025. The strategy outlines the key sectors best placed to deliver new jobs in the borough, the exciting infrastructure and investment prospects, and the challenges being addressed.