Our plans are based on the direction that we expect the wider economy to take in the future.
The UK economy has experienced a long period of expansion since the early 1990s. During this same period, the South West England economy has performed slightly better than the UK average. This is a notable achievement for the region as its economy has gradually come from behind and pulled itself ahead of the UK average for economic growth.
The region's economic and spatial strategies are founded on projections that assume that the region will maintain a slightly better than average performance in terms of overall growth. This is supported by academic, private sector and consensus forecasts of relative regional performance.
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