Study launched to assess impact of Covid-19 on Cambridgeshire economy

Study launched to assess impact of Covid-19 on Cambridgeshire economy

Published: Wednesday, April 29, 2020
St John's Innovation centre

The Greater Cambridge Partnership (GCP) is working hard to support partners and businesses through the disruption caused by the Covid-19 pandemic.

In addition to leading an interim team supporting South Cambridgeshire and City businesses navigate this difficult time, the GCP has commissioned a study looking at the potential economic impact of Covid-19.

In partnership with the Cambridgeshire and Peterborough Combined Authority, the GCP has commissioned work to rapidly assess the immediate impact of Covid-19 on the economy of the area – including identifying the top priorities for partners to better help people and support businesses during this turbulent time. 

The assessment will look at the likely impacts of the Coronavirus and will identify short, medium and long-term measures that local authorities and others can take to get local businesses and people back on their feet and help the economic recovery.

Cllr Aidan Van de Weyer, Chair of the Greater Cambridge Partnership said:

“This is a hugely challenging time for people and businesses, and that is why we have commissioned this important work to put together a picture of the emerging impact of Covid-19 on the Cambridgeshire and Peterborough economies.

“When this work has been concluded, we will have strong evidence to help shape the investment programme of the GCP and our partners to ensure it responds to the changing needs of the economy moving forward.”

As part of the work, Hatch Regeneris has been appointed to carry out this review and will be approaching businesses and the education sectors over the coming weeks. The first phase of work will be completed in May.

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