Local leaders react to the Chancellor’s Oxford-Cambridge Growth Corridor plans, expressing concerns and optimism about the future of Cambridge’s economy and infrastructure.
Cambridge: The Chancellor recently announced a new Oxford-Cambridge Growth Corridor. Some local leaders think it’s just a repeat of old plans. Councillor Bridget Smith from South Cambridgeshire District Council said there’s nothing new for the area.
On the other hand, Labour MP Daniel Zeichner sees the plans as a positive step. He believes they could boost the local economy significantly. The Chancellor, Rachel Reeves, mentioned that this area could become Europe’s Silicon Valley.
She also pointed out the need for new homes and better transport links. However, Councillor Smith remains skeptical. She feels the plans lack specifics and worries about water supply for new developments.
Smith is glad the government acknowledges the area’s growth potential. Still, she wants to see real funding for pressing issues like healthcare access. Councillor Heather Williams echoed these concerns, fearing the plans could harm local voices in decision-making.
Green Party members also criticized the announcement. Kathryn Fisher argued that Cambridge needs investment in social housing, not just growth. She believes the focus should be on redeveloping areas in the north instead.
Despite the criticism, Zeichner insists the plans are a significant opportunity. He emphasizes the need for sustainable development and infrastructure that meets demand. Councillor Mike Davey agrees, urging the government to learn from past mistakes and involve local communities.
Business leaders are hopeful too. Artem Korolev, CEO of Mission Street, sees the announcement as a chance for concrete policy changes. He believes a comprehensive strategy is essential for the region’s success.
John Hartley, CEO of Levidian, highlighted the importance of innovation for the UK’s clean technology sector. He’s eager to see how the growth corridor will unfold. Mark Hampson from Hollis stressed the need to renovate existing life science buildings while also building new ones.