Unlocking the potential of the Oxford-Cambridge Arc
The Government has outlined ambitious plans to unlock the Oxford-Cambridge Arc’s vast potential to drive economic growth – hinged especially around research and development at centres of academic excellence. A spatial framework for the region is set to be published next year.
As a coordinated approach it can help local authorities across the Arc to attract investment and work productively to shape development plans, but this top-down strategy also depends on their support. If they do not buy into it and get their constituents on side, the Government’s bold vision will struggle to become reality. The priorities of local government must be reflected in the new framework, including commitments to engage with local people and enhance the environment.
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A tailored plan is needed to secure the future prosperity of the group of Fast Growth Cities, writes the leader of Oxford City Council and chair of Fast Growth Cities.
The successful rollout of the vaccine programme means that the UK is likely to be the first major economy to come out of lockdown. This is of course good news, but the phased reopening of our towns and cities means that businesses face a long route back to normality.
Political attention is now turning to how the government will help places repair the damage done by the pandemic. Last week, the chancellor unveiled a set of measures that should help most businesses and employees avoid a potential cliff edge this year. However, avoiding disaster is not enough. We need to invest wisely in our economic recovery – particularly in those places well-placed to bounce back quickly – if we are to refloat the economy as a whole. Those places include the Fast Growth Cities of which I am chair: cities that have been net contri