Blog Post

Europe's Silicon Valley

TomS - Head Tom Simper Feb 4, 2025, 13:00 PM


Becoming the home of Europe's Silicon Valley would be a source of national pride and a welcome boost to the whole UK economy. This was the vision set out by Rachel Reeves when she announced plans to link Oxford and Cambridge in a move projected to add up to £78bn to the UK economy by 2035.

Just 66 miles apart, these cities are home to two of the world's top universities, major innovation clusters, and globally renowned life science, AI and tech firms, offering huge potential for UK economic growth. The government wants thousands of homes and better transport links to be developed in the area between the cities.

Key infrastructure projects include new funding for East-West Rail, better transport links, and the development of expanded communities within the Oxford-Cambridge Growth Corridor.

Oxford and Cambridge are two of the least affordable cities in the UK, and while demand is high, supply constraints on housing remain a major challenge for growth in the region. Source: Dataloft by PriceHubble, UK Government

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