Essex is a place of opportunity. Outside London, Essex is the 8th largest economy in the UK. It is home to 663,000 jobs. In recent years, Essex generated Gross Value Added of £32.5 billion to the economy. Essex is home to 1.4 million people, with a further 300,000 forecast to live in the area within the next 25 years – testament to the economic strength and quality of life here. Proximity to London and Cambridge is a great advantage and a unique opportunity – we have a workforce of 733,000 people; and over 149,000 people who travel to London to work every day.
Essex is diverse; from rural villages, market towns, New Towns, urban centres, to the popular coastline. Towns seeing the biggest area of development and growth in job markets are Colchester, Chelmsford, Basildon and Harlow. The country has opportunity for economic and housing growth throughout the County, via two recognised growth corridors – London Stansted Cambridge, and the Thames Gateway, and a new emerging one in North Essex. These connect across Essex, and with key routes and wider economic opportunities throughout London and the South East.