03 Jul 2020
The latest virtual meeting of the Chamber’s Glasgow Business Resilience Council (GBRC) this week highlighted new priorities - the promotion of granular actions that deliver on regional and Advisory Group on Economic Recovery (AGER) priorities, reallocation of capital both locally and nationally, awareness of opportunities to revolutionise the planning approach and target support for the leisure and cultural economy.
These are added to the rolling priorities for the GBRC which include the negative education and workforce impact on lower income households, how Glasgow can capitalise on “northshoring” opportunities, ensuring clarity on return to work guidance, encouraging an innovative investment approach to development to mitigate Grade A office space shortage and galvanising a Team Glasgow approach to drive forward priority projects and programmes to support recovery.
Chamber chief executive Stuart Patrick updated the council on the Chamber’s recent activity and an overview of the Action Plan of the Glasgow Economic Recovery Group (GERG), on which he sits.
He said many businesses are still not getting support for various reasons and the Chamber is therefore beginning the process of putting pressure on the Treasury for Job Retention Scheme extension to assist challenged sectors and for support mechanisms if local lockdowns occur.
City centre businesses are opposed to the time lag of economic reopening for people to go back to offices, and the Chamber is talking with Glasgow City Council (GCC) on this challenge.
In addition, the Chamber is working with consultants Mott MacDonald on transport provision into the city centre as footfall pick up is essential for recovery. The Chamber is also continuing conversations with GCC with regards to further funds being available to help independent traders in the city centre.
Stuart voiced concerns surrounding the general issue of SME resilience, asking what can be done to support the SME business base? He said the Chamber would welcome a Job Guarantee Scheme but is aware there is a chance companies cannot support this.
The Chamber is working with British Chambers of Commerce on what the Chancellor should be saying in his July Statement.
The group’s general discussion focused on maintaining the vision to keep short-term measures in order to keep businesses afloat, such as supporting and driving footfall into the city centre immediately. The culture and hospitality sectors were highlighted as sectors requiring major support to ensure survival post COVID-19.
There was a focus on having a green economic recovery, although concerns were raised whether jobs can be created in this area.
The next meeting will take place on Tuesday 14 July.
Businesses can contact the group via a dedicated email address – firstname.lastname@example.org