William Eichler 14 December 2022

Think tank calls for £14.5bn ‘city innovation zones’

Think tank calls for £14.5bn ‘city innovation zones’  image
Image: Rawpixel.com/Shutterstock.com.

A think tank has called on the Government to invest £14.5bn to build ‘city innovation zones’ in Birmingham, Glasgow, and Manchester in order to boost the tech sector.

A new report from Centre for Cities has found that 60% of advanced technology firms in the UK are concentrated in London and the Greater South East.

It warns that cities outside of the South East are ‘missing out on vital economic opportunities and thousands of high-skilled jobs.’

The think tank argues that in order to ensure new jobs in the science and technology sector are created in other parts of the UK, the Government should invest £14.5bn in building new economy districts in Birmingham, Glasgow, and Manchester.

Centre for Cities chief executive Andrew Carter said: ‘Supporting the growth of the new economy will be essential to ensuring the UK’s future success and by offering access to skilled workers and knowledge sharing between firms, city centres will have a big part to play in this.

‘The Government has high ambitions for Britain to be a world leader in innovation but achieving this will rely on a clear plan with substantial funding from Westminster. Investments in skills, regeneration, and infrastructure will all be needed to ensure we can attract leading businesses to cities across the UK and reap the rewards of success.’

SIGN UP
For your free daily news bulletin
Highways jobs

Head of Democratic Services, Elections & Monitoring Officer

Harborough District Council
Grade 12 £67,236 – £71,223 plus £3000pa Statutory Officer Allowance
We are looking for an accomplished and proactive leader for our vacant post of Head of Democratic Services & Elections Market Harborough, Leicestershire
Recuriter: Harborough District Council

Social Worker - Family Support and Safeguarding - Bicester Banbury

Oxfordshire County Council
£37035 - £47754
You will manage a caseload tailored to your experience, ensuring that children’s and their families’ voices are heard, and their needs are met. You will work with families using the FSP Workbook modules, and a strengths-based approach, ensuring the As Bicester
Recuriter: Oxfordshire County Council

Executive Director of Resources & Governance (S151 Officer)

Basildon Borough Council
Up to £146,245
Together, we lead. Together, we deliver. Together, we transform. Basildon, Essex
Recuriter: Basildon Borough Council

Executive Director of Homes, Communities & Environment

Basildon Borough Council
Up to £146,245
Together, we lead. Together, we deliver. Together, we transform. Basildon, Essex
Recuriter: Basildon Borough Council

Executive Director of Strategy, People & Transformation

Basildon Borough Council
Up to £146,245
Together, we lead. Together, we deliver. Together, we transform. Basildon, Essex
Recuriter: Basildon Borough Council
Linkedin Banner