Background London Borough of Southwark•Large, ethnically diverse and youthful population•293,530 population–2012 population estimate (mid-year), –58 per cent aged 35 or under•9th highest population density in England and Wales –9,988 residents per square kilometre•Significant African and Latin American populations•120+ languages spoken in Southwark –11 per cent of households having no member of the household who has English as a first language•21 wards –Administrative division/3 councillors per ward
Southwark’s economic wellbeing strategy 2012-20 has four simple, but challenging, priorities:1.Employment – narrowing the gap with the London employment rate2.Southwark – the place of choice to start and grow a business3.Thriving town centres and high streets4.Promoting financial well-being and independenceSouthwark’s Economic Wellbeing Strategy (EWS)
Problem Definition (UK)•46,000 empty shops in 2013 (Turner-Mitchell 2012)•On line retail accounts for 12.7% of shopping•Due to increase to 21.5% by 2018 (Barnfield, Westbrook 2013)•Factors:–Technology–Recession–Out of town shopping centres–Looking for convenience and value•Result = change in shopping behaviour•High Streets are therefore suffering from:–Decreased footfall, –Decreased frequency of visit–Decrease in the time spent on the high street•BUT there are some signs of revival
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