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Councils join forces over credit crunch

PUBLISHED: 13:46 10 November 2008 | UPDATED: 21:45 05 July 2010

COUNCILS in Suffolk are preparing to take a proactive approach to the current economic turmoil and unite in adopting strategies to help businesses.

They will all "pull together" in establishing the best route forward to ensure that Suffolk does not become dragged down by the looming recession.

COUNCILS in Suffolk are preparing to take a proactive approach to the current economic turmoil and unite in adopting strategies to help businesses.

They will all “pull together” in establishing the best route forward to ensure that Suffolk does not become dragged down by the looming recession.

They will bring together the public, private and voluntary sectors and address issues faced by vulnerable groups and individuals. An “economic summit” is planned for December 4.

Jeremy Pembroke, leader of the county council, said: “Suffolk is blessed with a rich mix of successful small businesses of all descriptions.

“We have many award-winning local companies of which we must be both proud and protective. Clearly, it is vital that we all pull together to identify ways that we can help the local economy through these challenging times.

“I also have very real concerns that the most vulnerable individuals and groups in our communities may be amongst the worst affected by the recession.

“The public, private and voluntary sectors need to come together to jointly seek the best possible way forward for the county.

“We very much hope that by taking a collective approach we will be able to find both a practical and sustainable way forward and are, therefore, planning to facilitate an economic summit in Ipswich on December 4.”

Nick Ridley, chairman of Babergh District Council's strategy committee, said: “Babergh welcomes this conference as it is already actively involved in providing financial and other assistance to organisations which help both families and businesses affected by the 'credit crunch'.”

Forest Heath District Council will organise a Jobs Fair in January to help anyone facing redundancy.

In Ipswich, the borough council has received inquiries from national businesses who are considering moving to the area and there is evidence that some companies are expanding.

There is also support from St Edmundsbury Borough Council, Suffolk Coastal District Council and Waveney District Council.

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