City needs to cater for more than just high earners in oil and gas
Sir Howard said Aberdeen needed to be “constantly reinventing” economic change in order to prepare for the next decade.
He said main areas to focus on were making sure the city caters for more than just high earners in oil and gas, and trying to assess what it would take to ensure young people choose to stay rather than look elsewhere for opportunities.
He added: “You need to ask yourselves, what do we want it to look like in 10 years’ time? Not what does that mean in the context of just physical development, but what does that mean for the demographic profile of the people who live here and the population?
“How can we help them take more responsibly for their own life choices and how can we help them? What is the nature of the public sector service offer which has to change to drive those outcomes? What do we mean by a more productive labour market serving Aberdeen?
“It’s not just how do you keep hold of those highvalue jobs which currently characterise the economy – it’s how do you ensure a lot of people who are not represented in that labour market are catered for?
“How do you cater for a lot of young people who currently feel they have to look outside Aberdeen for their jobs?
“All of this will determine how produc tive the Aberdeen economy will be in the next 10 years and they’re all big, big questions which all cities have to tackle. I just think some of the problems here are more acute.”
He said there was also a greater need to cater for younger and future generations.
More professionals in cities like Manchester and London are turning to coliving as they don’t want to be weighed down by a mortgage, he said, adding: “We have to look at ways for young people to have the ability to live either at the edge or within the city centre, and what would that mean in terms of new forms of living?”