Milton Keynes Council is investing £3.1m to help Milton Keynes recover following the pandemic.
Milton Keynes Council is investing £3.1m to help Milton Keynes recover following the pandemic, with projects to get women back into work, create green business growth, and create new incubation spaces for fledgling businesses already underway.
According to the The UK Powerhouse Report, by national law firm Irwin Mitchell, Milton Keynes is set to be home to one of the UK’s fastest growing economies by the end of 2022.
The research shows GVA in Milton Keynes has grown by 9%, putting us second only to Southampton (9.2%). GVA is a measure for how productive a city is per employee.
Job creation In Milton Keynes is up by 5%. Only four other places in the UK did better.
Construction has also remained strong in Milton Keynes, with more homes built per resident than anywhere else in the UK (684 homes built per 100,000 people).
Deputy Leader of Milton Keynes Council, Cllr Robin Bradburn, who is responsible for Economic Development said: “These new figures are part of a long line of compelling evidence into why Milton Keynes is a fantastic place to do business.
"We have a large skilled workforce, brilliant location and transport links, and we’re an enterprise hotspot. Santander is currently investing £150m in its future here and Milton Keynes will be on a lot of other people’s minds as executives mull over what they’ve learned during the pandemic, especially those with expensive properties in the capital. We promise a warm welcome.”
