Project

Berkshire Functional Economic Market Area Study

Thames Valley Berkshire Local Enterprise Partnership Ltd

Our research for Thames Valley Berkshire LEP and the six Berkshire local authorities focused on two main areas: to fully understand the economic geography of the Berkshire sub-region, and to find out exactly how much land is required to meet potential employment growth over the next 20 years.

First, we identified three core Functional Economic Market Areas (FEMAs) that operate across Berkshire. Setting out exactly how these reflect the different drivers of local economies, we examined how businesses, sectors and property markets operate across administrative boundaries. For the second part of our study, we assessed the amount of land required to support future economic development in each FEMA and local authority area.

We’re delighted to support the Thames Valley Berkshire LEP and the six Berkshire local authorities in their analysis of the Thames Valley economy and how they will shape the future economic growth needs of the area.

Matthew Spry, Senior Director, Lichfields