Business News

Paris Smith white paper argues for "unified narrative" for Hampshire

Published by
Tom Kilkelly

Southampton-based law firm Paris Smith has released a white paper titled 'Unlocking Hampshire's Potential'. The paper, according to the law firm, 'uncovers the key to successful delivery of a unified narrative for Hampshire'.

The report engaged with a number of stakeholders representing government, local industries and non-profit organisations, in an attempt to identify the economic challenges and opportunities that may affect Hampshire's economic growth.

A central theme within the report was the idea that collaboration will be key in capturing the 'imaginations of the public and private sectors'.

Ross McNally, Executive Chair of the Hampshire Chamber of Commerce, said: “We’re all looking at the same mountain but from different perspectives. Just think how powerful it would be if we could all work together.”

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The report recommends that the region aims for 'devolution', with a strong mayoral office and infrastructure to provide central leadership for the region.

According to the research reaching 'devolution' requires the region to take a few collaborative steps, listed in bold below: Levelling up, a sustained campaign that focuses on Hampshire’s strong Return on Investment.

Freeport Support, which entails setting up a long-term plan to ensure transport infrastructure is available to support the Freeport zone.

Another important step was listed as Collaborative Culture, Tourism, and Lifestyle, which is a county-wide effort in bolstering the region's tourism and culture.

Peter Taylor, Senior Partner at Paris Smith, said: “Hampshire's diverse assets provide the ingredients for a compelling story.

''However, it is vital that stakeholders speak with one voice to attract and retain investment. The findings in this report provide a roadmap grounded in the insights of local leaders.

''I am grateful to the many contributors for sharing their expertise; together we can build on this momentum to champion the county's immense potential regionally, nationally and internationally.”

Read more- Hampshire coast the scene for large-scale maritime AI data capture trial

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.

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