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Liverpool Echo
Liverpool Echo
National
Nick Tyrrell

Liverpool's coronavirus economic recovery plan begins to save jobs and businesses

Liverpool Council has commissioned an economic recovery plan for the city to boost its revival from the coronavirus crisis.

The local authority has commissioned consultants Metro Dynamics to develop proposals for how the city's economy will return to growth over the coming months and years.

Like the rest of the UK and large parts of the world, much of Liverpool's economy is in near paralysis due to lockdown measures aimed at containing the spread of the virus.

Major sectors like retail, travel and tourism, all of which are vitally important to the city, have been hit hard.

Liverpool Town Hall. (Liverpool Echo)

While much of the current focus remains on tackling the coronavirus, attention has been turning increasingly to how the UK will recover from the economic shock of the virus.

A Liverpool Council spokeswoman said the recovery plan would help the city revive its economy after the "significant impact" of coronavirus.

The spokeswoman said: “Our priority is to protect jobs and businesses and do our best to maintain the unparalleled progress the city has made over the last decade.

“Like other local authorities across the UK, we have started to put into place an Economic Recovery Plan. Part of this will involve working with external parties whose specialist skills and knowledge will enable us to get this city economically back on track.

“The plan will be produced over the next couple of months and we will have ongoing dialogue with government officials as part of this.”

As the plan is in its early stages, little is known about its contents but Metro Dynamics have previously carried out economic reviews for other UK regions like the West Midlands and Cambridgeshire.

According to council documents, the local authority is set to pay Metro Dynamics £50,000 to develop the plan.

There have been calls from key figures in our region to use the shock of coronavirus to rebuild the Liverpool and UK economy differently to how it functioned previously.

Liverpool City Region Metro Mayor Steve Rotheram and his Greater Manchester counterpart Andy Burnham called on the government to prioritise issues like walking and cycling networks, high speed internet and renewable energy in its recovery planning for coronavirus.

Major changes are already becoming apparent in how some cities operate, with Milan being among those that is set to redesign large portions of its road network to prioritise cyclists so that people can get to work without crowding on to public transport.

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