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19.07.19

Five new regional economic blueprints launched

A series of local economic blueprints have been unveiled, setting out plans for how to boost the earning power and opportunities of people and businesses as part of the Government’s modern Industrial Strategy.

Demonstrating the unique strengths of the Oxford-Cambridge Arc area and local economies, Government officials announced four Local Industrial Strategies covering Buckinghamshire, Cambridgeshire and Peterborough, Oxfordshire and the South East Midlands.

The Government also published a West of England Local Industrial Strategy, looking at how to most effectively build on the creativity, collaboration and ingenuity of the region, as well as setting a clear strategy that addresses existing barriers to productivity.

Business Secretary Greg Clark (above) said: “Local Industrial Strategies are fundamental to our aim of creating prosperous communities across the country. The plans unveiled today will help to deliver real benefits to people while driving investment and supporting businesses to create thriving local economies.

“The economic blueprints, spanning the Oxford-Cambridge Arc and the West of England, follow similar agreements in Greater Manchester and the West Midlands. This helps meet a key ambition of our modern Industrial Strategy – driving growth and spreading opportunities across all regions of the UK.”

 

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