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PRIVACY
Economic Development

North East coronavirus response group aims to ensure region is not left behind

The region traditionally recovers slower than other parts of the country in the event of an economic recession

Part of the Newcastle City Centre skyline, including Grey's Monument (centre)(Image: Newcastle Journal)

A North East response group set up to react to the coronavirus outbreak will aim to make sure the region is not left behind when the º£½ÇÊÓÆµ economy begins to recover.

The region's economy has already been hugely impacted by the outbreak, with hundreds of jobs already lost in a range of sectors and most companies on effective shutdown.

A North East COVID-19 Economic Response Group has been launched to provide support for businesses hit by the coronavirus ourbreak, bringing together the North East LEP, the CBI, and the North of Tyne and North East Combined Authorities.

The group will focus in the short term on keeping businesses afloat and maintaining jobs, and hopes that providing a co-ordinated response from the region will mean it is better placed to lobby the Government for support needed.

North East LEP chief executive Helen Golightly said the group's immediate challenge was to get as much support as possible to ensure companies remained in business and were able to keep people in jobs.

But she said the group would also try to ensure rapid measures could be put in place to boost the economy when the shutdown passes to avoid the North East avoiding its normal slow recovery.

Helen Golightly, chief operating officer at the North East LEP

She said: “If we look historically at how the North East has fared after a recession, we tend to come out of it slower than other areas.

“But we'll do our damnedest for that not to happen and do everything we can for the region.