New data suggests that Milton Keynes is set for a strong economic recovery.
Centre for cities explained on their website alongside their findings: "Cities Outlook 2022 looks in-depth at the state of UK high streets to get a sense of the short-term impact of the pandemic on Britain's town and city centres and the long-term consequences and implications this has for the Government’s levelling up agenda."
The data produced shows that Milton Keynes is among the Top 10 places for when it comes to new business start-ups, productivity and housebuilding rates.
Leader of MK Council, Cllr Pete Marland said: “MK is the place for good, well-paid and secure jobs. While the initial signs of economic recovery are encouraging, we cannot be complacent. The report is clear that there is a real danger of levelling-down if policies are not put in place to support businesses in places like here.
“We have a good track-record in MK of dusting ourselves off and coming back stronger in times of economic uncertainty. It’s thanks to our citizens and business community that are helping us to deliver a prosperous, green and fair recovery from the pandemic.”
Since the pandemic began, MK Council has distributed vital financial support through almost 20 different grant schemes for local firms, giving out over 11,500 grants to businesses totalling £64.7m.
The Council also has a £3.1m economic recovery package to support businesses and provide training to help local people back into work.
