Making the Connection
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sector approach

 

Greater Nottingham has a local economy which is worth more than £11.2 billion and is employing over 300,000 people - and an economy whose growth has been faster than other parts of the country for some time. 

 

The Employment and Skills Board in Greater Nottingham has identified key growth sectors and those with high volumes of jobs and is working, through Making the Connection, to develop sector-focussed solutions.  We aim to build on the work of the Sector Skills Councils and local partners to make sure that we have an effective offer to employers in the priority sectors. 

 

BUSINESS
Sector Approach Business and Finance

 

Financial and Business Services are one of Nottingham's key sectors, employing over 20,000 people. They are a significant part of the Banking and Professional sector which employs over 70,000 people in Greater Nottingham. This figure represents nearly a quarter of all employee jobs in Greater Nottingham and is higher than the average for the East Midlands and England.

 

 

 

 

 

CONSTRUCTION
Sector Approach construction

 

Construction contributes 8.2% of the region's economy and 8.7% of employment with over 3,000 employers employing around 35,000 in the Greater Nottingham area. Within Nottingham City it is estimated that around 8.4% of employers are directly related to the construction industry.

 

A very large proportion of construction industry employers in the region (approx. 83%) are small and medium enterprises (SMEs), with over 90% of these being micro-businesses or self-employed. Much of the repair, maintenance and small scale refurbishment work is carried out by SMEs directly, but they also sub-contract to larger contractors who will complete the majority of the regeneration and development contracts identified for the area (which have a total value of around £3.2 billion over the next 5 - 10 years). 

 

 

 

 

PUBLIC
Sector Approach Public Services

 

There are 90,000 jobs in the Public Sector in Greater Nottingham, which accounts for almost a third of all jobs in Greater Nottingham and is around 4% higher than the national average. 

 

In addition to the provision of local services, the sector in Nottingham also has a cluster of nationally focused Public Sector organisations, including HM Revenue and Customs, Land Registry, the Environment Agency and Driving Standards Agency (DSA). Nottingham is also a centre for regional administration with the Regional Development Agency for East Midlands (emda) and the Government Office for the East Midlands (GOEM) based in the City Centre.

 

Education is the largest sub-sector with over 35,000 jobs (that's 11.9% of all jobs within this sector), whilst there is also a strong Voluntary and Community Sector across Nottingham which employs around 1.5% of the workforce.

 

 

 

 

RETAIL AND HOSPITALITY

Sector Approach Retail

 

Retail and hospitality has been identified as one of the five key economic growth areas critical to the future prosperity of Nottingham and the neighbouring region.

 

Nottingham is one of the UK's Top Five Retail Destinations, with 86% of City users having a positive impression of the City Centre, mainly for its shopping attractions, entertainment and nightlife. Improvements within the hospitality subsector have also been recorded, driven by Nottingham's profile as a culture capital after it hosted a number of prestigious arts events and conferences.

 

 

 


SCIENCE AND TECHNOLOGY
Sector Approach Science

 

Nottingham has a proud tradition of scientific excellence which was recognised when the City was designated as one of the UK's 6 Science Cities in March 2005, providing an opportunity to build upon its science and and technology strengths for the benefit of the local and regional economy.  

 

Over half of jobs in Greater Nottingham are in the Knowledge Intensive Industries. With such a high growth rate in employment and three expanding science and innovation parks, there is a vision to create 20,000 jobs by 2020.  

 

HEALTH AND SOCIAL CARE
Sector Approach HealthCare