This is a priority for the Borough

The Deputy Chief Executive/Director of Corporate Services submitted a report outlining the latest impact of global economic conditions on Wirral’s economy, and identifying the steps taken by the Council and its partners to respond to the recession through the development of a Recovery Plan.  This Plan would contain measures to mitigate the impact of the recession but, at the same time, maintain momentum on the Investment Strategy.

Resolved – That Cabinet:

(1)  Note the contents of this update report.

(2)  Agree the development of a Recovery Plan, aimed at minimising the impact of the recession on Wirral residents and businesses, and planning for future recovery.

(3)  Sign up to the 14 principles of the FSB Small Business Engagement Accord.

(4)  Approve the allocation of £200K from the Working Wirral Big Fund programme to support the Think Big 2009/10 scheme.