Worcestershire is best in country for productivity growth

Malvern Hills Science Park
Malvern Hills Science Park
Published Tuesday, 14th March 2017

New statistics from the Office of National Statistics show that Worcestershire leads the UK for productivity growth.

Statistics show that between 2010 and 2015, the county's productivity grew by an average of 3% each year.

Productivity is based on how efficiently workers create items to be sold, based on the working hours that are put in.

Worcestershire has seen the highest productivity growth when compared with the 38 other Local Enterprise Partnership (LEP) areas in England, underlining how investment in innovation from firms throughout the county has helped to generate prosperous growth.

The statistics came after Chancellor Philip Hammond provided the county with a budget boost from the Government's Growth Deal, enabling a number of projects to develop across the area.

Our partner, Worcestershire LEP, has invested previous funds into projects including Hoobrook Link Road in Kidderminster, Malvern Hills Science Park, Gtech HQ in Worcester and the North Worcestershire Engineering Centre of Excellence.

Mark Stansfeld, Chair of Worcestershire Local Enterprise Partnership, said: “It is fantastic to see that Worcestershire is setting the standard for productivity growth. This highlights the exceptional quality of Worcestershire's workforce, as well as the high level of innovation that exists within the county’s businesses. We will continue to invest Growth Deal funds into key projects that will further boost local productivity, and enhance the county’s reputation as an innovative, creative and dynamic economy.”

Cllr Dr Ken Pollock, Cabinet Member with Responsibility for Economy, Skills and Infrastructure at Worcestershire County Council, said: “It is great news that Worcestershire has achieved the highest growth in productivity between 2010 and 2015, and these figures are clear evidence of the fantastic progress our county’s businesses are making. Productivity is a hugely important ingredient for enabling companies to grow and expand their business potential. By achieving the highest growth in productivity, we are reinforcing the message that Worcestershire is a World Class place to locate your business.”