The Committee received a presentation on the 2017/18 Annual Report. A copy of the presentation would be interleaved with the agenda.
In the discussion, the following points were
The Executive Member for Economic Development informed the meeting
that 1,334 Islington residents had been supported back into paid
In comparison with other central London boroughs, Islington Council
had the highest proportion of school leavers going into
The Council had launched its health and work programme, which is
with the Council’s iWork team at 222 Upper Street.
More than 43,000 sq ft of space has been secured from developers to
support local businesses and entrepreneurs. In addition, the
£1 million funds received from the Mayor of London will
enable the Council to deliver a £2 million affordable
workspace programme in Finsbury Park.
As a local economic agent, Islington Council continues to initiate
internal work to co-ordinate and increase the Council’s
approach to social value through its procurement process and
In a recognition that local residents enjoy the benefit of a
thriving local economy, a new Inclusive Economy Team had been
created to manage the process.
On the reported 8% of Islington’s working-age population that
is identified as sick and of ill-health, Members requested a
further breakdown of the sickness data to be provided.
In response to concerns about the increasing gentrification of the
market area by neighbouring Hackney Council, the Service Director
Planning and Development informed Members that she would raise the
issue with her counterpart in Hackney.
On the question of whether Council data existed on the number of
people engaged in the night-time economy, the Executive Member for
Economic Development reiterated that, although the Council has no
data, it will continue to encourage employers to sign up to the
London Living Wage and to consider measures of improving in-work
In response to a suggestion that the favourable business
arrangements of charities in town centres should be reconsidered
because other small businesses were disadvantaged, the meeting was
informed that this was a planning policy issue and could be
addressed only through national legislation. The Executive Member
for Economic Development indicated, however, that she would
investigate as to what could be done to support other
The meeting was informed that although the Preston Model is
recognised as a good example in terms of supporting and
revitalising the local economy, and lessons have been taken on
board, over the years Islington Council has introduced measures,
such as some of its services being brought back in-house, to
improve the wages and income of staff. In addition, the Executive
Member reiterated that the Council’s Planning Policy has
resulted in the Council being able to secure a commitment from
developers of 50% of affordable housing for residents and of
affordable workspace for emerging businesses – peppercorn
rents for up to two years.
· It was noted that the Council continues to work with anchor institutions, such as the NHS, large public sectors, and universities, to deliver apprenticeships and offer training. A similar idea should be extended to small businesses and grass-roots venues for smaller outfits. A suggestion was made that the idea of anchor venues that help to revitalise the local economy should be extended similar hubs to attract smaller businesses.
That the report be noted.