MORE EMPLOYERS - MORE JOBS - BETTER WAGES
As the Essex County Standard front page ‘BOOM TOWN’ headline recognises Colchester has a Lib Dem lead administration focused on business support, jobs and prosperity. An economic report to be published by Colchester Council shows that the average income in the borough last year - £580.40 a week - outstripped the average for the east of England - £574 - for the first time, with an increase in the number of employers, large and small and a record number of business units in the borough - 8,265 in 2017.
Paul Smith, leader of Colchester Council said that ‘this is evidence that Colchester is performing particularly well, and I believe shows Colchester is at the front of the economic recovery’. Although inflation is a challenge for many, wages are rising faster here than elsewhere in the region and the number of businesses, large or small, is up.
The Lib Dem led Council is helping make that happen. They have gained the support of local business. They are the only Council paying the Living Wage in Essex. They actively back new businesses and support the tourism and the cultural sector that will bring yet more visitors into the Borough. And they have ambitious plans that will help Colchester to do yet better, including a Business Improvement District and Colchester Ambassadors, local businesses who will actively market the Borough.
They will do all they can to ensure local people benefit from the new jobs being created by working with businesses, the University and Colchester Institute and by helping develop Garden Communities that will bring more sustainable communities, with infrastructure, housing and further job opportunities, and yet better times for our increasingly vibrant and prosperous town.