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NWEC Unveils 'Open for Growth' Roadmap for London's West End

1 report, 1 independent Updated Fri 00:00
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What happened

Some supportReported by 1 outlet

NWEC has introduced a new strategic plan titled “Open for Growth” for the West End district. The plan focuses on business rates reform, a national bid to tackle organized crime, a visitor economy spending initiative, and the reinvestment of overnight visitor taxes. NWEC stated that the West End generates 3% of the UK’s total economic output, provides over 350,000 jobs, and contributes 8% of the UK’s business rates.

From drapersonline.com

Why it matters

Some supportBrind's analysis of the reports

The CEO of NWEC noted that the district drives economic growth for every part of the UK. The plan emphasizes that the potential for growth is exponential but relies heavily on a globally competitive policy framework that supports West End businesses. This framework involves collaboration with local and national government, including the Mayor of London and the Metropolitan Police.

From drapersonline.com

Who's involved

  • West EndDistrict whose economic activity is the subject of the growth plan.
  • LondonThe larger city whose economic engine the West End contributes to.
  • Metropolitan PolicePublic body whose operational presence is noted as part of the required collaboration.

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The entities involved

Coverage

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