Thematic Measures - Achieving
Key Partnership Priorities Measures of Progress Baseline Milestone Target Benchmark Level
Develop competitive growth sectors, building on the existing strengths & assets in Rotherham & the sub-region, to create jobs & diversify the local economy 1. Close gap in average earning between Rotherham & the UK 86% (2004) 89% (2008) 90% (2010) National
2. Increase employment rate relative to the national average 1% above (2004) 1.5% above (2008) 2% above (2010) National
Create the right conditions for inward investment & the development of world class businesses that will drive the economy by developing the skills of local people & providing high quality facilities & services, & quality environment for growth 3. Increase number of new inward investors (Inc. local expansions) 40-50 (2004) 100 (2006) 200 (2010) Local
4. Increase number of new jobs created from inward investment per annum (cumulative total) 1,271 (2004/05) 3,813 (2006/07) 6,355 (2009/10) Local
Stimulate enterprise (particularly between education & business), creativity & innovation across the economy, in urban and rural communities, to create new & sustainable opportunities for wealth creation 5. Increase number of young people benefiting from business enterprise activity 1,200 (2005) 1,700 (2008) 2,000 (2010) Local
6. Increase annually the net stock of VAT registered businesses 75 (2004/05) 100 (2006/07) 125 (2009/10) National
Provide the support necessary to increase the number of successful businesses in Rotherham - both new start-ups & expansions of existing businesses, including social enterprises 7. Increase number of new start up businesses 215 (2004/05) Target tbc 2005 Target tbc 2005 Local
8. Improve survival rates of new start up businesses 74% (2004) 80% (2007) 85% (2010) Local
Engage support & secure private sector & other investment, such as social & community investment, into Rotherham 9. Stabilise the economic contribution of the VCS following the demise of external funding programmes £32.4m (2003) £26.5m (2006) £32.4m (2010) Local
10. Increase number of new start-up social enterprises (cumulative) 8 (2005) 32 (2008) 50 (2010) Local
Maximise economic & other opportunities to reduce disadvantage and raise quality of life & living standards, particularly in the most deprived communities 11. Reduce number of people on incapacity benefit 11,280 (2005) Target tbc 2005 Target tbc 2005 National
12. Reduce level of economic inactivity to the UK average 1.2% above (2005) <1% above (2006) UK av. (2010) National
Develop Rotherham town centre as a destination providing a mixed economy of specialist & quality shops, markets, housing & cultural life for all age groups, & establish a strategy to ensure local centres complement the offer in the town centre. 13. Increase foot flow in primary shopping streets in town centre 27m (2005) 10% inc (2008) 12% inc (2010) Local
14. Reduce vacancy rate in town centre premises 11.5% (2004) 8% (2008) 7.5% (2010) National
Promote attractive viable alternatives to the private car, & develop a wide choice of integrated transport options for the whole borough, including rural areas 15. Increase score for Local Transport Plan Av. (2005) >Av. (2007) >Av. (2010) National
16. Reduce number of people killed or seriously injured in road accidents per 100,000 population 152 (1994/98 av) 108 (2006/07) 92 (2009/10) National
Develop a mixed rural economy to provide specialist shops, markets and events & ensure complementary local centres. 17. Increase number of partnerships adopting Rotherham Rural Economy Toolkit 0% (2005) 25% (2008) 50% (2010) Local
18. Increase the number of rural communities joining regeneration network 0% (2005) 25% (2008) 50% (2010) Local