Final Print Version v2

Southampton has strong and sustainable economic Growth
Our Top Priorities:
Labour will build a minimum of a thousand council owned homes to rent in
the next five years
Labour will bring forward plans to regenerate large sections of our city
centre creating 4,000 homes and exciting leisure and job opportunities
Labour will establish its own house building factory which will employ local
people to build homes for local people
Labour will progress construction of a state-of-the-art Leisure and Health
hub at Bitterne precinct.
Other Key Commitments
Labour will update the Council’s ethical procurement model by drawing
on the approach pioneered successfully by the Labour Council in Preston
in order to source more goods and services locally
Labour will establish a Local Authority Trading Company (LATCO) to bid
for commercial work and then reinvest profits into other Council services/
projects
Labour will work with a range of partners to build a new state-of-the-art
water sports centre next to the Itchen Bridge
Improved Economic Development and Employment
The way out of poverty is through well paid work. We have created more jobs in the
city and now need to work with groups furthest from a return to work to help them
play their part in the city’s growing economy. We also need to close the pay gap
between those that are employed in the city and those that live here. Southampton
residents should get the benefit of economic growth.
The City Council is increasingly dependent on business rates to support vital public
services, so bringing investment into the city to regenerate areas of the city centre is
vital. The more we can grow our business rates, the more we can fund vital services
to residents without relying on cash from Westminster.
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