City 'will reap the benefits' of huge nuclear investment

A HUGE economic study has been commissioned by Plymouth City Council to help the city prepare for the opportunities and challenges arising from an investment programme worth in excess of £4.4billion at HM Naval Base Devonport and Babcock's Devonport Royal Dockyard.

- By ABIGAIL NICHOLSON

The research will provide critical insight into shaping Plymouth's economic future and maximising the impact of MOD investment over the next decade and beyond.

Babcock's pivotal role in delivering the next phase of the Royal Navy's submarine programme and the Continuous At Sea Deterrent (CASD), with support extending through to at least 2070, represents one of the most sustained and significant long-term financial commitments ever made to the city and wider region.

To help ensure Plymouth best manages this opportunity, the Council has appointed one of the UK's leading economic and labour market research consultancies, Stantec, to deliver a detailed economic forecast and skills gap analy-sis from 2025 - 2035.