Peter Kyle, the Secretary of State for Science, Innovation, and Technology, has made it clear that the government stands firmly behind the Oxford-Cambridge Arc. This region is buzzing with high-tech companies and university-led tech projects.
At a recent gathering of industry leaders, Kyle noted, “The Oxford-Cambridge Arc is an engine of prosperity. It shows how universities, investors, and innovative businesses can collaborate to create growth by tapping into advancements in science and technology.” He continued, “But together, we can go even further. We’re set on using R&D as a vital force in our effort to boost the economy across the country.”
Notable companies like AstraZeneca, GSK, Airbus, and Aveva have embraced a vision to double the economy of the Oxford-Milton Keynes-Cambridge area by 2035. They aren’t alone; firms like Darktrace and Oxa, which focuses on autonomous vehicles, also back this initiative.
There’s a push to draw in investors. Nick Pettit, senior partner at Bidwells, remarked, “Investors can choose where to put their money globally. The fact they’re picking the OxCam region, even with some planning challenges, shows they see unique opportunities in this area for science and technology. Just a few small policy changes could significantly enhance the region’s national contribution.”
Karen Holford, chief executive and vice-chancellor of Cranfield University, emphasized the existing ecosystem of research and innovation in the area. “This region has incredible potential that can benefit the entire nation,” she said. “Today’s commitment recognizes that. Universities play a vital role in developing new technologies and essential skills for the future.”
Research conducted by Public First for the Oxford-Cambridge Supercluster Board suggests that policy interventions, like planning reform, could add £78 billion to the UK’s GDP by 2035. To put that in perspective, that amount could finance the New Hospital Programme—more than three times over.
The previous government made cuts to various development projects, including an expressway planned in 2021, due to costs. However, in October 2024, Chancellor Rachel Reeves announced plans to deliver East-West Rail to foster growth between Oxford, Milton Keynes, and Cambridge.
Now, the government is committed to establishing the UK as a global scientific superpower. The Oxford-Cambridge Arc is central to these ambitions. Andy Williams, chair of the Oxford-Cambridge Supercluster Board, summed it up: “Our members, including some of the world’s largest investors, see extraordinary potential, and this commitment shows the government does too.”