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Aylesbury Vale Councillor Update Economic Profile of Quainton Ward

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Aylesbury Vale Councillor Update Economic Profile of Quainton Ward Aylesbury Vale Councillor Update Economic Profile of Quainton Ward April 2014 Produced by Buckinghamshire Business First’s research department P a g e | 2 1.0 Introduction Quainton is home to 2,551 people and provides 300 jobs in 130 businesses. Of these businesses, 20 (15.4 per cent) are Buckinghamshire Business First members. There were 1,251 employed people aged 16-74 living in Quainton ward at the 2011 Census, 24 fewer than the 1,275 recorded in 2001. Over that period the working age population fell 82 to 1,573 while the total population fell 84 to 2,551. The number of households rose by 60 (6.3 per cent) to 1,009. This was the 34th largest increase of all wards household numbers. The largest companies in Quainton include: Quainton Stud Chiltern Construction Limited Litre Meter Limited M Simmons Decorating Contractors Amber Energy DRA Public Relations G M Fabrication Services Ltd George & Dragon There are 12 Quainton, representing 0.8 per cent of working age residents, including five claimants aged 18-24 and five who have been claiming for more than six months. Commercial fibre coverage (as provided by BT) will not cover any of Quainton by March 2015. The Connected Countiesi project run by BBF will extend coverage to 41 per cent of premises through intervention in the Grendon Underwood, North Marston, Waddesdon and Whitchurch exchange areas. The project will deliver extended superfast footprint via additional funding, adaptation of downstream technology and contract claw-back mechanism. The Universal Service Commitment will address all premises where speeds are below 2 Mbps. At the time of the 2001 Censusii, of the 1,275 employed residents 394 people lived and worked in the ward, with the most common destinations by local authority district being: Aylesbury Vale (870, 67.7 per cent) Milton Keynes (73, 5.7) Wycombe (49, 3.8) South Oxfordshire (37, 2.9) Chiltern (30, 2.3) Oxford (24, 1.9) Westminster (22, 1.7) P a g e | 3 2.0 Industrial structure There are 130 businesses located in Quainton employing 300 people. Of these businesses only five employ more than ten people. Education and professional, scientific and technical services account for 37.6 per cent of jobs in Quainton, with the next largest sectors being construction, accommodation and food service and arts and recreation. When compared to the country as a whole, Quainton trades. The ward is under-represented in retail, transport and storage, public administration and health. Chart 1: Industrial Structure Index, 2012 (GB=100) Manufacturing Construction Motor trades Wholesale Retail Transport & storage (inc postal) Accommodation & food services Information & communication Financial & insurance Property Professional, scientific & technical Business administration & support services Public administration & defence Education Health Arts, entertainment, recreation & other services 0 50 100 150 200 250 300 Source: BRES, ONS, 2013 P a g e | 4 2.1 The Industrial Strategy and the Plan for Growth Plan for Growth and the Industrial Strategy set out policies to realise this objective and to rebalance the economy, which include focusing on sectors expected to deliver strong -represented in these sectors, particularly aerospace, the information economy and professional and business services. While Quainton provides jobs in these sectors, the industrial strategy sector where the ward delivers the highest share of national employment is life science. Although the sector accounts for only 1.2 per cent of jobs, this is the 358th highest of all English wards. The proportion of jobs in Quainton in the Industrial Strategy sectors is shown in Table 1 below. At 19.9 per cent, the proportion of Quainton services sector is the 696th highest of all wards in England and exceeds the district, county and na th. Table 1: Employment in selected industrial strategy sectors, 2012 Construction Automotive Agri-tech Lifescience Information economy Education Professional business and Aerospace Aylesbury Vale 5.4 0.1 0.1 0.1 2.7 10.1 16.3 1.2 Buckinghamshire 5.5 0.0 0.1 0.6 4.4 9.3 15.0 0.8 England 4.6 0.3 0.1 0.3 3.0 9.4 12.9 0.4 Quainton 8.6 0.0 0.0 1.2 2.0 21.9 19.9 0.0 Source: BRES, ONS, 2013 3.0 Labour market At 67.2 per cent of 16-74 year olds, employment rate is just outside the top quartile, ranking 1681st wards for the share of residents in self- employment, working from home and holding degree level qualifications. P a g e | 5 Chart 2: labour market performance, 2011 Work from Home 100 75 Employment rate 50 Self-employed 25 0 Working age SOCs 1-3 NVQ4+ Source: Census, 2011 In Aylesbury Vale the wards most similar to Quainton are Stewkley,Long Crendon and Edlesborough. These are the only Aylesbury Vale wards among the 1000 most similar, while nine wards are ranked outside the top 5000 best matches in England with Quarrendon being the least similar and only the 7359th best match in England. When all wards in England are considered, Quainton is most similar to Raleigh in East Devon and Crich in Amber Valley, Derbyshire. Table 2: Quainton Self-employed 1-3 SOCs NVQ4+ age Working Employmentrate Ward Name Home from Work Quainton 9.5 20.0 54.6 38.9 61.7 67.2 Stewkley 10.3 18.9 51.4 38.0 60.7 68.3 Long Crendon 9.1 16.6 57.5 42.3 61.0 68.8 Edlesborough 8.3 16.6 55.9 36.7 62.8 67.3 Haddenham 7.9 15.1 54.9 40.4 60.8 68.8 Brill 8.5 18.9 52.4 37.1 61.8 71.5 Source: Census, 2011 P a g e | 6 4.0 Occupational Structure occupational structure is skewed towards the higher skilled and better remunerated occupations, with 54.6 per cent of working residents employed in managerial, professional and technical occupations, and ranking in the top quartile nationally each. In contrast Quainton ranks in the bottom quartile for elementary, sales and caring occupations and ranks in the bottom five per cent of wards for the share of residents employed as process, plant and machinery operatives. Chart 3: comparative occupational structure, 2011 1. Managers, directors and senior officials 100 9. Elementary occupations 2. Professional occupations 75 50 8. Process plant and machine 25 3. Associate professional and operatives technical occupations 0 7. Sales and customer service 4. Administrative and secretarial occupations occupations 6. Caring, leisure and other 5. Skilled trades occupations service occupations Source: Census, ONS, 2011 5.0 Deprivation Buckinghamshire has the lowest level of economic deprivation of any Local Enterprise Partnership, with Aylesbury Vale having the 37th lowest economic deprivation of all 326 local authority districts in England, behind South Bucks (10th) and Chiltern (13th) but ahead of Wycombe (69th). Chart 4 among the least deprived in England with 17 of the 36 wards featuring among the least deprived 10 per cent of all wards in England and only six ranking among the most deprived half of English wards, a stark contrast to the London Borough of Newham where no ward ranks above halfway, highlighting the challenge Aylesbury Vale faces to attract resource to tackle deprivation. P a g e | 7 Quainton has the 1087th lowest economic deprivation of the 7,707 wards in England and is the 19th least economically deprived of the 36 Aylesbury Vale wards, ranking 55th among ds in England is shown in Chart 4 below, with Quainton being one of the three wards shown in the second least deprived decile. Chart 4: Relative economic deprivation of Aylesbury Vale wards by English decile, 2009 18 16 14 12 10 8 6 4 2 0 Most Least deprived deprived Source: DCLG, 2012 Quainton ranks707th out of all wards in England based on the Index of Multiple Deprivation; this ranks it among the least deprived wards in England. Quainton has very low levels of deprivation on all domains except living environment, where is ranks in the second quartile and housing, where high house prices relative to earnings see it ranked in the most deprived quartile. P a g e | 8 Chart 5: Comparative deprivation by IMD domain in Quainton IMD 100.0 Living environment 75.0 Income 50.0 25.0 Crime 0.0 Employment Housing Health Education Source: DCLG, 2010 The wards most closely matching profile are Church Eaton and Hartley, both in Staffordshire. The closest matches in Aylesbury Vale are presented in Table 3 below. Table 3: Deprivation Nearest Neighbours Income Employment Health Education Housing Crime Living environment Ward IMD Quainton 9.2 4.9 15.8 11.0 8.8 81.9 3.5 28.3 Stewkley 19.0 7.8 3.9 6.8 6.6 93.7 7.3 32.9 Marsh Gibbon 17.9 3.9 1.2 4.1 13.9 91.3 11.3 38.3 Brill 19.7 14.8 5.5 21.7 18.3 89.3 17.9 28.7 Long Crendon 6.5 8.9 2.7 10.2 16.4 65.7 12.9 8.4 Wingrave 17.9 9.2 6.1 7.1 16.7 89.6 26.8 13.6 Source: DCLG, 2010 P a g e | 9 6.0 Demography At 41.6 years, Quainton above the 40.0 recorded across Aylesbury Vale and the county average of 41.0. This ranks Quainton 14th in the district, with the high average age being driven by both a large share of older residents and comparatively few young adults as shown in Chart 6.
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