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Area aims to become a global leader in the region's life sciences, food production, artificial intelligence and advanced manufacturing sectors Locally-developed plan sets out how the area will take full advantage of its global assets and maximise the economic opportunity of the Oxford-Cambridge Arc Business Minister Lord Henley meets Cambridgeshire and Peterborough leaders today to discuss how plans will boost productivity and shape new opportunities A new economic blueprint for Cambridgeshire and Peterborough is unveiled today, designed to maximise productivity and innovation in the area’s leading life sciences, food production, artificial intelligence and advanced manufacturing sectors.The new Local Industrial Strategy aims to harness the full potential of innovation in the region and features a Skills and Apprenticeships Hub to support the local community.Developed in collaboration with local leaders, government and businesses, the Cambridgeshire and Peterborough Local Industrial Strategy sets out how the area will contribute towards delivering the national Industrial Strategy’s aim to raise productivity levels and create high-quality, well paid jobs across the country.Business Secretary Greg Clark said:“Cambridgeshire and Peterborough alone contribute £22billilon a year to the UK economy. Today’s Local Industrial Strategy – one of four published across the Oxford-Cambridge Arc – will help boost this even further.
Medesham Homes, an equal Joint Venture between partners Cross Keys Homes and Peterborough City Council, has been successful in its bid for grant funding from Cambridgeshire & Peterborough Combined Authority to help build desperately needed affordable homes in Peterborough.As part of the Combined Authority's commitment to seek to accelerate the delivery of affordable housing, Medesham Homes has been successful in its bid for £735,000 for their Belle Vue development in Stanground which will see 30 new homes completed this year.Clair Higgins, Chief Executive of Cross Keys Homes and a Board Member of Medesham Homes said: "Building new affordable homes for the city is a priority of ours, so to receive this funding which will help to accelerate a sustain even more new homes for affordable rent and meeting local need, is fantastic news."Medesham Homes' Board Member, Howard Bright, added: "We are determined to make a positive difference by building as many new affordable homes as we can.
Peterborough City Council leader Cllr John Holdich has been appointed Deputy Mayor of the Cambridgeshire and Peterborough Combined Authority by Mayor James Palmer. Cllr Holdich is now the statutory Deputy Mayor, taking over from Cllr Charles Roberts, who previously held the post.Cllr Holdich was first elected to Peterborough City Council 40 years ago in 1979, said he is delighted to be able to support Mayor James Palmer as his deputy, and continue to drive forward the key priorities of the Combined Authority.Cllr John Holdich said: "My focus will be on supporting the Mayor with the continues progress of transformational schemes such as the University of Peterborough, the CAM Metro, dualling the A10 and A47, new rail station in Wisbech, Soham and Cambridgeshire and increased housing delivery."In Peterborough we remain on course to welcome the first 2,000 students to the new University 2022, we are investing in upgrading city centre infrastructure, and the A47 dualling will also offer significant benefits to the city."Devolution has made the accelerated delivery of such schemes possible.
An important milestone has been reached as the 12 key projects that will be the focus of activity throughout 2019/20 at the Cambridgeshire & Peterborough Combined Authority were agreed.
THE Cambridgeshire and Peterborough Combined Authority (CPCA) today (Friday, September 14) welcome the findings of an in-depth, independent study by leading economists and academics, revealing why this area is so important for the future of the UK economy and how we can build on that success.
Mayor James Palmer’s support for a bill to give Metro Mayors powers to deliver more public electric car charging points has been successful.