Towards a Better Newham
Our Covid-19 recovery strategy
Our Towards a Better Newham Covid-19 Recovery Strategy makes us the first borough in London to use livelihood, well-being and happiness as its prime measure of economic success as part of an ambitious recovery strategy in response to the coronavirus pandemic.
The strategy sets out the foundation for how the Council will respond to the economic impact of Covid-19 as it rebuilds a better Newham. The Towards a Better Newham strategy represents a fundamental shift placing the health and wellbeing of residents’ and race equality central to the Council’s aspirations of inclusive growth, quality jobs and fairness in Newham.
Our recovery and reorientation strategy
The strategy focuses on two distinct stages of activity: recovery and reorientation. Recovery focuses upon the next 12 months, as the Council responds to sustained challenges for individuals and businesses. Reorientation will follow, with the focus changing to make the fundamental changes to create the inclusive economy the Council wants to address; inequalities, including race inequalities, as well as tackling the poverty and deprivation that residents still face.
The eight pillars of recovery
The strategy, which is supported by an immediate action plan, is built around eight pillars of activity focussed on the phases of recovery and reorientation.
The Council has looked at best projects from around the world and has come up with a programme of activity, which it believes will be genuinely impactful and can change Newham’s economic story.
- Pillar 1: The Council will adopt more appropriate measures of economic success, prioritising prosperity, personal wellbeing and happiness ahead of the traditional Government-endorsed measures of growth, productivity and land value uplift.
- Pillar 2: The Council will support every resident aged under 25 to participate in positive activity which supports their long-term prosperity, and in the coming weeks the Council will announce details of its new Youth Empowerment Fund.
- Pillar 3: The Council will develop a consolidated service to ensure that all residents can access the support they need to cope in recession and thrive in our new economy.
- Pillar 4: The Council will ensure that residents are heathy enough to have more rewarding engagement with the economy.
- Pillar 5: The Council will support the development of ‘15 minute Neighbourhoods’ across our town centres and high streets so that residents can access all social, civic and economic essentials by a 15 minute walk or cycle ride for healthy and happy communities .
- Pillar 6: The Council will quicken the greening of Newham’s economy, capitalising on local sparks to support evolution as London’s greenest economy.
- Pillar 7: The Council will get a fairer deal for Newham workers, making sure work is rewarding and enjoyable for those employed in the borough.
- Pillar 8: The Council will welcome investment, but only where this supports its objectives and delivers benefits to the borough as a whole.
“The economic impact of the pandemic on Newham is going to be significant. We estimate it has cost us £61m so far. Newham also has the highest number of furloughed workers of any local authority in the London, with 50,000 jobs at stake.
The Covid-19 Recovery Strategy will be making changes where required to our existing community wealth building and inclusive economy strategies so that we can deal with the economic impact that the virus has had on Newham during this time and in the months and years ahead. But three things will be central to this approach: the absolute prominence of public health; bringing out more explicitly the Council’s work in tackling race equality in Newham, where 73% of residents are from Black, Asian and Ethnic Minority communities and maintaining our commitment to tackling climate emergency.”
Rokhsana Fiaz, Mayor of Newham