Annual Monitoring Report

Tables of indicators: Table C: Supporting a Dynamic Economy

Performance Key:

Improving / On Target = ↑  Declining / Not on Target = ↓ No Change / No Update = ↔

Table C : Supporting a Dynamic Economy

POLICY AREA
INDICATOR
TARGET / AIM
COMMENTS
 
CS9: Transforming
Rotherham's economy
 
New business registration rate
 
Increase the number of start-up businesses in Rotherham
From ONS business demography dataset. Data released in arrears so relates to previous year / period.
 
Current Performance:
2021= 53.14 business births per 10,000 adult population 
(up on 2020 51.5,slghtly down on 20219, but up from 44.7 in 2017, 57.8 in 2016, 52.5 in 2015, 46.9 in 2014, 46.6 in 2013, 35.2 in 2012, 33.3 in 2011 and 30.6 in 2010). 
 
No Change / No Update
 
 
CS9: Transforming
Rotherham's economy
 
Vacancy rate for industrial and commercial property
Aim for a high occupancy on all industrial areas in the borough but
with sufficient vacant units to allow for choice and 'churn' in the marketplace.
RMBC industrial estates survey.
Historical rates (8.8% in 2016,
8.1% in 2015, 10.9% in 2014, 10.4% in 2013, 11.8% in 2012 and 13.8% end of 2011).
Current Performance:
Survey at end of 2021 shows vacancy rate at 8.1%, slightly down on previous year (7.3%) and remains well below recent historical rates
↓ 
Declining / Not on Targe
 
 
CS9: Transforming
Rotherham's economy
 
 
Overall employment rate in the borough
 
 
To close the gap to the regional and national averages
ONS Annual Population Survey data - Rotherham's employment rate has seen a fall over the last
year, relative position also worse
against regional and national rates over the last 12 months.
 
Current Performance:
At June 2022 employment rate at 73.9% (down from 76.9% at Mar 2021).
(Gap to regional and national rates respectively at 0.8 and 1.6 June  2022)
↓ 
Declining / Not on Targe
CS9: Transforming
Rotherham's economy
Amount of floorspace developed for employment by type
Increase employment floorspace and ensure availability of a variety of sites
RMBC Industrial Estates Survey -  Continuing increase in overall
POLICY AREA
INDICATOR
TARGET / AIM
COMMENTS
 
 
 
floorspace, amount developed has
changed significantly on previous
year (37,979 sq m) 
Current Performance:
2020/21 = 46,735  sq m (B2 = 39,388 , plus other commercial of 7,347 sq m built on employment land, 0 loss to demolition)
Improving / On Target
 
CS9: Transforming
Rotherham's economy
 
 
Employment land available
 
To ensure sufficient for long-term development
Minimum of 5 years supply but also sufficient for longer-term.
Additional land allocated within the adopted Sites and Policies DPD for the longer term.
Current Performance:
Supply At 31/03/22 = 252.59 ha (5.33 ha developed in the year, a 2% increase due to land allocated at adoption of the Sites and Policies Local Plan)
Improving / On Target
 
CS9: Transforming
Rotherham's economy
 Employment land review undertaken
An ELR to be undertaken every 3 years to ensure requirements and suitability of sites are regularly maintained and reviewed.
Review undertaken in 2010, updated in 2015 jointly with
Sheffield 
 
Current Performance:
Revised ELR undertaken in 2015 jointly with Sheffield as part of the evidence base supporting the Publication Sites & Policies DPD.
Subsequently a Sheffield City Region employment land study completed. Ongoing work to inform Core Strategy review.
 
 
CS10: Improving skills and employment opportunities
 
 
Percentage of working age population educated to at least
NVQ2+, NVQ3+, NVQ4+
 
 
Increase the minimum level of qualifications of the local workforce
 
Taken from ONS Annual Population Survey (December). Note that this is survey based data so subject to
some fluctuations (2018 shows a small increase at all levels)
POLICY AREA
INDICATOR
TARGET / AIM
COMMENTS
 
Current Performance:
 
At December 2021: NVQ2+ = 72.9%, NVQ3+ = 54.1%%, NVQ4+ = 31.9% (Dec 20 figures at 78.8%, 57.5%, 34.0%)
↓ 
Declining / Not on Targe
 
CS11: Tourism and the visitor economy
 
Number of rural diversification schemes
Encourage an increase in rural diversification schemes in the borough.
 
Change of use measure
Current Performance:
No new schemes in 2021/2022; but COVID-19 pandemic has negatively impacted the tourism sector.
No Change / No Update
 
CS12: Managing change in Rotherham's Retail and
Service Centres
 
Vacancy rates in the borough's town and district centres
 
Reduce the number of empty properties across the main retail / service centres.
RMBC Town Centre Surveys (September 2019)
 
Current Performance:
Overall vacancy rates (based on units) across all defined town centres in the borough 14.5% in 2022, and 14.5% in 2021.There has been no change in the overal vacancy rate. .(Rotherham town centre vacancy ratees(based on units)in 2022 was 27.4% up fro, 26.9% in 2021, a difference of +0.5%)
Town centre vacancy rate (based on units) of all other town centres were 8.8% (2022) down from 9.12% (2021),a difference of -0.3%)
Improving / On Target
CS12: Managing change in Rotherham's Retail and Service Centres
Amount of new floorspace in town and district centres
New retail floorspace to be encouraged in town centres,
discouraged in out of town locations
 
RMBC survey
Current Performance:
No significant new retail floorspace in any town centres or out of town during the year.  However, an increase in planning  applications for new Hot Food Takeaways and two proposed Lidl supermarkets (out of centre) at Maltby and Swallownest (RB2021/00288 was granted in June 2022;
and Swallownest have been submitted.A new supermarket at former The Squirrel,Dinnington RB2022/0777), granted in Sep 2022
No Change / No Update
 
CS13: Transforming
Rotherham Town Centre
 
Vacancy rate on primary shopping frontages in the town centre
 
Reduce the number of empty properties within Rotherham town
centre
RMBC Town Centre Survey (September 2020) 
Current Performance:
Within the primary shopping frontages the number of vacant units in 2020
= 29% (22%), up from 18% in 2019, floorspace vacancy has risen to 25.4%%.  Subsequently planned demolitions have taken place to enable the Forge Island Regeneration scheme to proceed,including delivery of a proposed new library.
Declining / Not on Target