Risk Management Implications Table

local economy

Recovery

Opportunities Control measure(s), Current Proposed Action(s) to Target Level currently in place, to Level maximise the if Proposed support the Opportunity Actions are Opportunity implemented The Economic To transfer the Definition of Development Medium ongoing £6,000 per High Opportunity: Team currently annum to the work with a wide Economic Opportunity to range of local Development and utilise the businesses and Recovery funding for partners from a Committee for use enhancing variety of sectors. in further developing Economic the Council's Development international activities with relationships. our twin towns and other overseas markets to maximise international relationships to deliver stronger economic outcomes and encourage economic growth Main Opportunity Category: Economic Threats Control measure(s), Current Proposed Action(s) to Target Level currently in place, to Level further reduce the If Proposed reduce the Threat Threat Actions are implemented Definition of Limited resource Medium e To transfer the Low Threat: currently in place ongoing £6,000 per to maximise annum to the Threat that the international Economic benefit to the relationships to Development and

is not maximised to deliver stronger economic development outcomes from the Council’s international relationships, and to meet its Corporate Plan objectives

Main Threat Category:

Service or Project Effectiveness

deliver economic outcomes.

Committee for use in further developing the Council’s international relationships..