Work Hubs Final Report June 2011

Devon County Council’s Strategic Plan includes an ambition to promote enterprise and help develop a competitive economy as the key to a better quality of life for all. Ensuring that the right type of workspace is available for businesses to grow and develop is an important part of this vision. To help enable this process the County Council is actively developing a draft Strategy for Investment in Managed Work Space across Devon1 that aims to achieve:

“A high quality network of managed workspace that supports the diverse needs of Devon businesses to ensure a thriving and resilient economy.”

An Analysis of the STEEP Trends and Drivers Facing Devon

This report presents a headline analysis of the social, technological, economic, environmental
and political (STEEP) trends and drivers that are likely to shape Devon’s economy over the
next 10 to 20 years. As such, it is written as a qualitative companion piece to the ‘future
economic scenario for Devon’, which offers an econometrically modelled future for Devon
and its districts.

Baseline Economic Projections for Devon & Its Districts

This report presents the data, analysis and findings from the baseline economic projections for
Devon and its districts. The report has been prepared by Cambridge Econometrics (CE) using
its Local Economy Forecasting Model (LEFM), tailored to the Devon economy.
The projections provide, on a modelled basis, a baseline estimate of current and projected
future performance on key indicators (including, inter alia, GVA (economic output),
employment, and productivity) at the level of individual sectors in the economy.

Self-employment in Devon

This report explores the scale, nature, and role of self employed activity in Devon. Providing
a breakdown across the eight district council areas where possible, it analyses three key data
sets

An Analysis of Devon's Productivity

This report examines productivity in Devon and its districts absolutely and relatively to the
South West and the UK. It seeks to explain why productivity is as it is, and how productivity
can be improved by action.

The analysis primarily focuses on County level performance and drivers of productivity, and
compares this to the Devon, Plymouth, Torbay and Somerset Local Enterprise Partnership
(LEP) area, the South West and UK averages, and County-level comparators of Norfolk and
Cumbria.

Area Profile - West Devon

The Borough of West Devon is situated to the north of Plymouth and bordering Cornwall.
West Devon is predominantly rural; it has the largest area of any district in Devon, and is one
of the most sparsely populated districts in England. Almost half of the Borough is covered by
Dartmoor National Park. West Devon has a resident population of 53,000 people, of whom
just over 18,500 are in employment and 32,000 are of working age. Within West Devon there
are around 2,300 businesses which generate, in aggregate, 15,600 employee jobs.

Area Profile - Torridge

Torridge district is located in north west Devon and its administrative area includes the island
of Lundy. It abuts Cornwall to the west and has a north-facing coastline, part of which falls
within the North Devon Coast Area of Outstanding Natural Beauty; Hartland and Lundy are
also designated as a Heritage Coast. The district has a resident population of around 65,300
people, of whom just over 20,000 are in employment and 39,000 are of working age. Within
Torridge, there are around 2,500 businesses which generate, in aggregate, about 16,700
employee jobs. On most metrics, Torridge accounts for between 5% and 10% of Devon’s
economy.

Area Profile - Teignbridge

Teignbridge is located in south east Devon. To the north and south are the urban districts of
Exeter and Torbay, while to the west is the Dartmoor National Park (the eastern and southern
parts of which fall within the administrative area) and to the south east is Lyme Bay. More
than 83% of the administrative area is classified as ‘environmentally important’

Area Profile - South Hams

The South Hams is the southern-most district in Devon. It is bounded by two major urban
areas: Torbay to the east and Plymouth to the west. However its economic character is
fundamentally shaped by its outstanding natural environment: to the north is the Dartmoor
National Park (and northern parts of the district fall within its boundary) while to the south is
100km of coastline, much of which is a designated Heritage Coast. Between Dartmoor and
the coast, about a third of the district (including the entire coastline) falls within the South
Devon Area of Outstanding Natural Beauty.