Diary of a Sutton Councillor

Supporting business in Sutton

What is Sutton Council delivering for you?

As a continuation of a series of posts setting out current activities in the areas covered by my committee portfolio – the Housing, Economy & Business Committee I have previously posted about Housing, and Employment and Skills. This post focuses on business.



Sutton Lib Dems are ambitious for Sutton, and we want to see growth in Sutton, good growth that benefits the community and existing businesses.


Attracting new business and investment

To achieve those ambitions Sutton’s Lib Dem Council has taken a proactive role to stimulate economic development in the borough. We have deliberately sought to attract new business and investment, and to support and encourage our existing businesses to grow and flourish.

We have put money in, we have put work in, and we have vastly changed the way we work to make things happen.



Making the borough a great place for business

Making our district centres  more attractive for shoppers and easier to access.

We have improved Wallington, Hackbridge, and Worcester Park and we are currently working on a major programme in Beddington. Sutton Town Centre has its own Masterplan.


We have encouraged Business Improvement Districts and now have three established BIDs: Successful Sutton, Kimpton Park and our second Industrial BiD in Beddington. Successful Sutton and Kimpton Park have both been successfully renewed. We expect a new BID in Worcester Park to be voted on later this year.


We have lobbied hard for improved transport links that are an essential for business.

We have succeeded in getting the Sutton Tram extension included in the London Mayor’s plan, successfully lobbied for retention of the Thameslink loop line, and we expect to benefit locally from the Mayor’s plans to increase the frequency of trains on our networks. We succeeded in securing significant TfL funding for improvements to the road network in our Beddington industrial area.



Supporting small businesses

We have over 6,000 small businesses in Sutton, representing a significant proportion of the business community.

We have worked specifically to provide the right conditions for small businesses to start up, thrive and grow, and we arrange key advice and new opportunities to grow small businesses into larger ones. We encourage start ups with schemes such as our local business rate relief scheme for business keen to expand into Sutton town centre, and our Award-winning Pop Up Sutton project.


We also worked to ensure that small businesses can compete equally with larger firms to win council contracts. Our Procurement Strategy was redesigned to create a more level playing field, and now 80% of our contracts are awarded to SMEs, amounting to 50% of the total value of our awarded contracts. We also require our larger contractors to use local suppliers and sub-contractors, to make sure that small businesses can still benefit when they win a tender.



Skills training to improve the local workforce offer

Very importantly we have been keen to ensure that it is our businesses and residents that reap the benefits of this business expansion and investment by ensuring that our residents have the necessary skills to take up the enhanced employment offer this presents. This has been done through our Skills Match programme, with a special focus on Sutton for Science to ensure local people benefit from the new job opportunities offered by the London Cancer Hub development.


Achieving success

Our ambitious approach has already proved fruitful. We have attracted new business, new development, new interest and new investment into Sutton.

New investment to the tune of £330 million pounds. 939 new businesses and 33 new shops opening in just the first few years, resulting in a 137% increase in net growth.


New businesses coming to Sutton like Metro Bank, Patisserie Valerie, Shinner and Sudtone, The Slug and Luttuce, Sainsburys, Lidl, El Mexicana, Foxtons, GoGym, and with H&M now confirmed as taking over the old BHS site.


New investment like Subsea 7’s expansion into new headquarters, Sutton Point‘s hotel, shops and housing currently in development, new housing from big developers like L&Q, Barratt’s & Redrow, the redevelopment of Times Square shopping centre and new ownership of the St Nicholas Centre, the refurbishment of the Empire Cinema, the Maggie Centre development by the Royal Marsden and the new Diagnostics Centre being built by the ICR.

We have also seen an increase in ambition and optimism for the borough amongst our businesses, and we have been making our mark on the national stage too. Our London Cancer Hub Opportunity is being marketed around the world.



March 12, 2018 - Posted by | Information, Liberal Democrats | , , , , , , , , , , , , , ,

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