The new Torbay Economic Strategy 2022 – 2030 will set the framework for developing Torbay’s economy.

That the Cabinet recommends to Council

1          That the Torbay Economic Growth Strategy be approved; and

2          That subject to 1 above the Torbay Economic Growth Strategy Action Plan be presented to a subsequent Cabinet meeting for approval.

The Torbay Economic Growth Strategy underpins the Council’s focus on delivering its corporate priorities and better outcomes for the community with a longer-term plan to address key issues and opportunities and build upon recent successes.

An alternative option would have been to continue with the existing strategy, this is no longer appropriate as it was developed as a response to the Covid-19 Pandemic.

The recommendation of the Cabinet will be considered at the Council meeting on 8 December 2022.

The Torbay Economic Growth Strategy 2022 - 2030 provides strategic direction for Torbay Council and its partners responsible for championing Torbay and delivering, with its communities, the economic development of the place.

At the meeting, Councillor Long proposed and Councillor Cowell seconded a motion that was agreed unanimously by the Cabinet, as set out above.

None.