Cornwall gears up for Brexit and beyond

Preparing for every eventuality, including “no deal” and securing extra devolution to grow Cornwall’s economy after Brexit, are central to Cornwall Council’s Brexit plans, Members were told at a briefing today.

With five months left to go, Councillors heard how Cornwall is influencing policy on Brexit at a national level, with the Chief Executive speaking for Cornwall on a new national Brexit advisory panel assessing the impact of Brexit across the South West.

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Members were told that the “New Frontiers” plan has put Cornwall in a strong position to attract new opportunities for trade and inward investment and create at least 38,000 new jobs in Cornwall post-Brexit.

Growing Cornwall’s already strong space, lithium mining and renewable energy sectors as well as attracting entrepreneurs and more small businesses to Cornwall are all at the heart of the plan to build resilience into Cornwall’s economy.

Cornwall has carried out a detailed assessment of the potential impacts of Brexit on the workforce and how that might have an impact on more traditional industries such as fishing and agriculture. This is being kept under close review in light of emerging Government guidance and progress of negotiations between the EU and the UK.

Cornwall Council’s Leader, Adam Paynter said “As the UK prepares to leave the EU and the Government’s plans are still uncertain, I want to make sure that Cornwall is in the strongest possible position to compete against the rest of the world as new trading opportunities emerge.

“Cornwall’s New Frontiers plan provides a strong blueprint to enable us to compete and thrive both nationally and internationally after Brexit.

“As well as putting plans in place to expand new sectors such as space technology, exploration of minerals and renewable energy, our plan also means that we can evolve our more traditional industries like fishing, farming and tourism by simplifying regulations for those industries.

“My belief is at this time, when the country is exploring new trading opportunities and considering how to replace regional funding subsidies, our plan is an opportunity for the Government to help us build an economy that not only works for Cornwall, but contributes to a strong overall economy in the UK after Brexit.”

Posted 02 November 2018