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Chiltern Councillor Update Economic Profile of Ashley Green, Latimer & Chenies Ward

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Chiltern Councillor Update Economic Profile of Ashley Green, Latimer & Chenies Ward Chiltern Councillor Update Economic Profile of Ashley Green, Latimer & Chenies Ward April 2014 Produced by Buckinghamshire Business First’s research department P a g e | 2 1.0 Introduction Ashley Green, Latimer & Chenies is home to 2,203 people and provides 700 jobs in 52 businesses. Of these businesses, 18 (34.6 per cent) are Buckinghamshire Business First members. There were 1,613 employed people aged 16-74 living in Ashley Green, Latimer & Chenies ward at the 2011 Census, 20 more than the 1,593 recorded in 2001. Over that period the working age population rose two to 1,382 while the total population rose 23 to 2,203. The number of households rose by three (0.3 per cent) to 883. This is not a significant percentage increase and places the ward 24th out of all wards in Chiltern. Based on the increase in number of households, the ward ranks 95th out of all wards in Buckinghamshire. The largest companies in Ashley Green, Latimer & Chenies include: Latimer Place; Dunton Bros Ltd; De Vere Venues Latimer Place; AMC Ltd; Cole Mechanical Services Ltd; Bedford Arms Hotel; and HD Drilling. There are nine Ashley Green, Latimer & Chenies, representing 0.6 per cent of working age residents, including five claimants aged 50+ and five who have been claiming for less than six months. Superfast broadband is expected to be available to 70 per cent of premises in the Ashley Green, Latimer & Chenies ward by March 2016 with commercial providers responsible for 39 per cent. The Connected Counties project, run by BBF, deliver the remaining 31 per cent through its interventions in Berkhamstead, Chesham and Little Chalfont exchange areas. BBF is seeking to deliver an extended superfast footprint via additional funding, adaptation of downstream technology and contract claw-back mechanism. At the time of the 2001 Censusi, of the 1,118 employed residents, 322 people lived and worked in the ward, with the most common destinations by local authority district being: Chiltern (534, 47.8) Dacorum (95, 8.5) Three Rivers (47, 4.2) Westminster, City of (3.9) Watford (36, 3.2) Wycombe (33, 3.0) Hillingdon (30, 2.7) Aylesbury Vale (27, 2.4) P a g e | 3 2.0 Industrial structure There are 52 businesses located in Ashley Green, Latimer & Chenies employing 700 people. Of these businesses, 43 are micro businesses, employing fewer than 10 people. Ashley Green, Latimer & Chenies is over represented in property which accounts for 4.9 per cent which ranks the ward 610th out of all wards for proportion of employment in the sector. Arts, entertainment, recreation and other services is another over-represented ward accounting for 10.9 per cent of employment, ranking the ward 745th out of all wards for employment in the sector. Chart 1: Industrial Structure Index, 2012 (GB=100) Agriculture, forestry & fishing Manufacturing Construction Motor trades Wholesale Retail Transport & storage Accommodation & food services Information & communication Property Professional, scientific & technical Business administration & support services Education Health Arts, entertainment, recreation & other services 0 50 100 150 200 250 300 Source: BRES, ONS, 2013 Ashley Green, Latimer & Chenies is under-represented in a number of sectors including agriculture, manufacturing and health. Agriculture, forestry & fishing accounts for only 0.4 per cent of employment. Though this is a low proportion of employment, many wards have no representation in this sector and therefore the ward is ranked 1,334th. Another under- represented sector is health which accounts for only 2.3 per cent of employment, ranking the ward 7,755th out of all wards. 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 growth. Chiltern -represented in these sectors, particularly aerospace, the information economy and professional and business services. While Ashley Green, Latimer & Chenies provides jobs in these sectors, the industrial strategy sector where the ward delivers the highest share of national employment is education which accounts for 17.0 per cent of employment, ranking Ashley Green, Latimer & Chenies at 2,272nd among English wards. The proportions of jobs in Ashley Green, Latimer & Chenies in Industrial Strategy sectors are presented in Table 1. Table 1: Employment in selected industrial strategy sectors, 2012 Education Professionaland BusinessServices Construction Information Economy Chiltern 12.7 15.2 5.2 4.8 Buckinghamshire 9.3 15.0 5.5 4.4 England 4.6 12.9 4.6 3.0 Ashley, Latimer & Chenies 17.0 11.0 5.0 0.9 Source: BRES, ONS, 2013 At 11.0 per cent, the proportion of Ashley Green, Latimer & Chenies' jobs in the professional and business services sector is the 2,352nd highest of all wards in England, the proportion is below that of both the country level and the district level. 3.0 Labour market At 68.4 per cent of 16-74 year olds, Ashley Green, Latimer & Chenies' employment rate is among the highest in the country. Ashley Green, Latimer & Chenies has a proportion of 39.0 per cent of its residents qualified to degree level or higher. Furthermore, 57.7 per cent work in managerial, professional or technical occupations. In Chiltern the wards most similar to Ashley Green, Latimer & Chenies are Ballinger, South Heath & Chartfridge, Seer Green and Hilltop & Townsend with nine of the other 24 wards among the top thousand closest matches. The least similar ward in the district is Ridgeway, the only ward in Chiltern to rank lower than the 5,000th closest match. P a g e | 5 Table 2: Ashley Green, Latimer & Chenies' labour market performance & nearest neighbours, 2011 Self-employed 1-3 SOCs NVQ4+ age Working Employmentrate Ward Name Home from Work Ashley Green, Latimer and Chenies 9.9 19.6 57.7 39.0 62.7 68.4 Ballinger, South Heath and Chartridge 9.0 18.9 59.9 42.7 61.0 68.8 Seer Green 8.0 15.1 64.6 48.8 61.1 68.0 Hilltop and Townsend 5.9 14.9 52.0 36.2 63.7 68.7 Central 7.2 15.6 56.1 38.7 60.4 67.9 Source: Census, 2011 Ashley Green, Latimer & Chenies has a high level of those who work from home and are self-employed. Furthermore, as stated previously, the ward has a high level of those educated to degree level or higher and those working in managerial, professional and technical roles ranking in the top quartile for both. Ashley Green, Latimer & Chenies looks to have a high employment rate and but a below average level of working age residents. Chart 2: Ashley Green, Latimer & Chenies' 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 P a g e | 6 4.0 Occupational Structure Ashley Green, Latimer & Chenies' occupational structure is skewed towards the higher skilled and better remunerated occupations, with 57.7 per cent of working residents employed in managerial, professional and technical occupations, ranking in the top quartile nationally for each. In contrast Ashley Green, Latimer & Chenies ranks in the bottom quartile for other occupations, with only 3.8 per cent and 6.9 per cent of working residents employed in process plant & machinery operative and elementary occupations respectively. Chart 3: Ashley Green, Latimer & Chenies' comparative occupational, 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 Chiltern having the 13th lowest economic deprivation of all 326 local authority districts in England, behind South Bucks (10th) but ahead of Aylesbury (37th) and Wycombe (69th). Chart 4 demonstrates the concentration of Chiltern least deprived in England with 12 of the 25 wards featuring among the least deprived 10 per cent of all wards in England and only three 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 Chiltern faces to attract resources to tackle deprivation. P a g e | 7 Ashley Green, Latimer & Chenies has the 114th lowest economic deprivation of the 7,707 wards in England and the 7th least economically deprived of the 25 Chiltern wards. Ashley Green, Latimer & Chenies is the 12th least economically deprived among the 108 ward in Buckinghamshire. The position of Chiltern ds in England is shown in Chart 4 below, with Ashley Green, Latimer & Chenies one of the three second least deprived decile. Chart 4: Relative economic deprivation of Chiltern wards by English decile, 2009 14 12 10 8 6 4 2 0 Most Least deprived deprived Source: DCLG, 2012 Ashley Green, Latimer & Chenies ranks 6,306th out of all wards in England based on the Index of Multiple Deprivationii; this makes it among the less deprived deciles in England; the ward falls below Chiltern 6532nd, demonstrating that the ward is more deprived than the district as a whole. P a g e | 8 Chart 5: Comparative deprivation by IMD domain in Ashley Green, Latimer & Chenies IMD 100.0 Living environment 75.0 Income 50.0 25.0 Crime 0.0 Employment Housing Health Education Source: DCLG, 2010 The wards in Chiltern most closely matching Ashley Green, Latimer & Chenies' deprivation profile are presented in Table 3.
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