Business boost as Council upgrades economic recovery plans for all residents

Plans to bolster the borough’s economic recovery have been upgraded by Trafford Council.

Support for businesses, long-term jobs for residents and a green economy are all part of the Council’s Trafford Inclusive Economy Delivery Plan.

The ambitious programme aims to make sure the recovery benefits the whole borough and is in keeping with the Council’s vision of Trafford being a borough where all residents, businesses and communities prosper.

Cllr Liz Patel, Executive Member for Economy and Regeneration, said: “Our first plan was approved in February 2021 during the Covid pandemic and we’ve been working hard with partners to build our recovery on solid foundations.

“That makes sure we create the right conditions in Trafford for our businesses to flourish. We also want to make sure jobs are sustainable and accessible to all so that residents can have the long-term security they need.”

The original plan has already helped the borough’s recovery, providing £12m in financial support to more than 2,600 businesses through the Additional Restrictions Grant scheme.
There’s also been funding to support training of jobseekers and people within work, as well as work beginning on further improvements to Altrincham town centre.

The inclusive economy plan has now been improved to consider the authority’s innovative projects and initiatives, source available funding – and face current challenges including tackling poverty and the cost-of-living crisis.

Projects include the redevelopment of Stretford town centre and measures to support the reduction of carbon emissions in the borough.

Cllr Patel said: “We are facing new challenges but we remain determined to help our town centres and businesses prosper.

“Inclusive growth means improving our economy, living standards, equality and environment. Our improved plan aims to do exactly that so that our borough will flourish to the benefit of everyone.”

Posted on Monday 13th March 2023