New framework to boost business prosperity

Man And Woman High Fiving

A new five-year-plan to bolster the economy of Blaby District has been launched by the Council.

The Economic Development Framework sets out a vision for the District to thrive by supporting and promoting business growth and development.

The aim is to encourage a more prosperous, inclusive and sustainable local economy.

There are five priority themes within the Framework:

  • Supporting local business and innovation
  • Shaping our work and skills agenda
  • Growing and supporting the Green Economy
  • Building Pride in Place
  • Identifying investable propositions

Each priority is backed by an action plan with the scope to evolve in response to changing situations.

The impacts of Brexit, Covid and the ongoing cost-of-living crisis are all factored in.

Collaboration and partnership working with stakeholders is seen as key to the Framework’s success. The plan was shaped through consultation and feedback from businesses, residents and public sector agencies.

Practical support will continue with regular Job Fairs and Business Breakfast meetings. New initiatives will include exploring the potential to increase visitor numbers and accommodation. Plus guidance and support will be offered to local businesses through expert advisors.

Councillor Terry Richardson, Leader of Blaby District Council, said: "A thriving local economy is not only essential for businesses but for our communities. While we are already, justifiably proud of our District, we must look to the future. We want to ensure we continue to react positively to a changing and challenging economic landscape.

"Together with our key partners and stakeholders we want to maximise opportunities for our businesses to grow and our residents to flourish. We want to improve services and infrastructure. And we want to attract new investment, so Blaby District continues to be a great place to live, work and visit."


Cllr Terry Richardson

Councillor Terry Richardson
Leader of the Council

19 September 2023