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spacer image April - May 2018 spacer image
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tag spacer image spacer imageEconomic Development spacer image spacer image
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spacer image UK towns and cities with the highest wages
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April saw the publication of the latest UK Powerhouse Report by Irwin Mitchell.  Once again, the report highlighted the potential of Milton Keynes, with the city now forecast to experience the second highest rate of growth across 2018. 


Wage growth in Milton Keynes was highlighted in a BBC article based on findings from Centre for Cities.  MK was identified as having the fourth highest weekly workplace wage, with the report highlighting that “Places such as London, Edinburgh and Milton Keynes have been able to attract significant numbers of new residents because of the jobs and wages they offer.”


Work has also commenced on the development of a Local Industrial Strategy.  The work, being led by the South East Midlands Local Enterprise Partnership, is in response to the commitment to Local Industrial Strategies outlined in last year’s national Industrial Strategy.  A draft strategy is expected by October. 


There have been some great steps forward with delivering the recommendations of the MK Futures 2050 Commission and the Six Big Projects set out in their report, Making a Great City Greater.  One particular highlight of the last few months was the announcement of Cranfield University, working with partners including Aston University, as the lead Higher Education partner to take forward MK:U, the project to develop a new technology university in central Milton Keynes.  Over the coming months, there will be an international architectural competition to select the design team who will develop the final university scheme, which is due to open its doors in 2023. 


There have been more trials of cutting-edge mobility technologies in the city recently, including the installation of a network of 2,500 sensors monitoring major junction points and 13,000 city centre car parking spaces which will help manage traffic and parking. In Spring self-driving vehicles from Jaguar Land Rover, Ford and Tata demonstrated a range of capabilities on open roads in CMK, including the ability to identify, navigate to and self-park in an empty parking space.


More information on all of the Six Big Projects can be found on the MK Futures 2050 website and in a report to the Council Cabinet in June.


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