Lord Heseltine has published a 94-page report detailing his recommendations for a revamped economy in the Tees Valley following the closure of the SSI steelworks in Redcar last year.
The report makes recommendations in seven key areas.
1. Industrial and Urban Regeneration
Government should work with HMRC to create a plan setting out how information relating to those affected by closures can be made available quickly, and how it can be used to inform the response to an economic shock.
The South Tees Development Corporation should be created as soon as possible, and should come up with plans for the use of the SSI site.
2. Growth Opportunities and Wider Regeneration
Universities should work with local employers to determine if a local technical college would address the skills gap.
A visit should be made to a leading German city by The Chambers of Commerce and Local Enterprise Partnership to learn lessons from competitor companies.
All local business support organisations should be brought together under one roof.
3. Education, Employment and Skills
The Tees Valley LEP and Combined Authority should work with employers and schools to promote and increase the number of apprenticeships in the area.
4. Energy Economy
The Tees Valley should continue to make progress on its potential energy (including heat) network schemes and encourage as many of the industrial companies located on the north and south sides of the Tees as feasible to join the schemes.
The Tees Valley should focus early on exploring the viability of Starter Homes and low cost home ownership. Government should help the Tees Valley access the funds they need to support their housing ambitions.
6. Transport Infrastructure
The Department for Transport should seriously investigate the inclusion of the Northallerton to Teesport Electrification rail scheme as an extension of the Transpennine electrification scheme that has already been approved.
7. Leisure, Environment and Tourism
The Combined Authority should work with the local media to change the local identity and brand, moving away from industrial imagery.
Encourage local interest in the competition for the Tees Valley to become UK Capital of Culture in 2025,