ARC supports the drive to revive Oxford-Cambridge high-tech growth plan
ARC was one of several leading companies and universities that have signed a letter urging Sir Keir Starmer to turn the Oxford and Cambridge region into the “crown jewel” of European innovation, in a revival of stalled efforts to create a British rival to Silicon Valley.
The proposals could help add £50bn a year to the British economy by 2030.
Across ARC, we’re advocating for government policies and legislation that helps expedite planning for commercial lab space, an area we know already has strong public support. A recent study by the Campaign for Science and Engineering (CaSE) highlighted the substantial benefits of expanding R&D facilities for the local economy, revealing that over two-thirds of the UK population support new research facilities in their area. This level of support is comparable to that for new schools, due to the associated spill over benefits. Any reforms in planning including addressing housing shortages will make it more appealing for skilled workers to relocate to innovation centres and will help nurture innovation, create jobs and attract investment.
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