Decision Maker: Cabinet

Outcome: Recommendations Approved

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: May 6, 2025

Purpose: Cabinet is recommended to approve the Waltham Forest Inclusive Growth and Economy Framework.  

Content: Cabinet:   (1)          approved the Waltham Forest Inclusive Growth and Economy Framework as contained within Appendix 1 of the report;   (2)          approved the formation of the Waltham Forest Inclusive Economy Mission Board with key anchor organisation partners; and   (3)          delegated, to the Strategic Director of Stronger Communities in consultation the Portfolio Lead Members for Housing and Regeneration and Inclusive Economy, and the Strategic Director of Place, to make final presentational changes ahead of publication and launch of the framework.   Options & Alternatives Considered   An alternative option would be to continue with business as usual. However, this would not address the rising inequality seen since COVID-19. The benefits of growth alone do not naturally reach those most in need. More intentional and targeted measures are required to ensure that planned growth, as set out in the Local Plan over the next 15 years, increases local equity. A more equal economy will strengthen the borough’s resilience to future economic shocks and create a fairer, more sustainable foundation for all residents.   No other options have been considered. This approach reflects the latest progressive economic and systems thinking, informed by academic research, evidence, insights.