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'Europe's Silicon Valley' at heart of government's growth plans, Rachel Reeves to announce

  • Chancellor Rachel Reeves announced plans to develop the Oxford-Cambridge area into 'Europe's Silicon Valley' during a speech at Siemens Healthineers' headquarters in Eynsham on January 29.
  • The Oxford Growth Commission aims to tackle barriers to economic growth and create new jobs and homes in the region, as stated by Councillor Susan Brown.
  • The Oxford-Cambridge Growth Corridor is expected to add up to £78bn to the UK economy by 2035, with infrastructure developments planned to support this growth.
  • Steve Roest, CEO of PocDoc, emphasized that ambition must be matched with bold investment to truly compete globally, highlighting the importance of innovation in Oxford and Cambridge.
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