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:
|
2022 = 54.04 business births per 10,000 adult population (Up on 2021 53.14, 2020 51.5, slightly down on 2019 55.42, but up from 44.7 in 2017, 57.8 in 2016, 52.5 in 2015). |
↑
Improving / On Target
|
|
|
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 2022 shows vacancy rate at 7.0%, an improvement on the previous year (8.1%) and remains below recent historical rates.
|
↑
Improving / On Target
|
|
|
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 from76.9 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.
|
↔
No Change / No Update
|
|
|
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%)
|
↔
No Change / No Update
|
|
|
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 was 13.7 % in 2023, and 14.5 % in 2022. There has been a reduction of 0.8% in the percentage of overall vacancy rates. (Rotherham town centre vacancy rates (based on units) in 2023 was 24.7% down from 27.4% in 2022, a difference of -2.7%). (Town centre vacancy rates (based on units) of all other town centres were 8.8% (2023) down from 8.8% (2022), there has been no change in the percentage. |
↓
Declining / Not 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.
|
↔
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 2023 was 24.4, down from 25.2% in 2022, floorspace vacancy has reduced to 24%.
|
↓
Declining / Not on Target
|
|