Investment and collaboration are key to growth, say business leadersJan 11, 2019
The recommendations were drawn following a discussion on the future of Milton Keynes at Grant Thornton’s 2018 Buckinghamshire Limited event when the financial and business advisers unveiled the results of its annual analysis of the 100 top performing businesses in the county.
This year’s study found firms continue to prosper with increases in turnover, profitability and employment.
Following the results presentation, local business leaders engaged in a wide ranging conversation led by guest speaker Martin Tugwell from England’s Economic Heartland, centred around the opportunities and challenges facing Milton Keynes.
A key theme which emerged was the need to maximise the potential of planned government investment in the region. In particular, the Cambridge-Milton Keynes-Oxford corridor which will help to stimulate further economic growth but will need the support of businesses to succeed.
Grant Thornton partner Giles Mullins, who led Buckinghamshire Limited 2018, said: “Milton Keynes has been identified as the second fastest growing area of the UK behind Cambridge – but there is still so much more that can be achieved.
"All parts of the economy need to work together from private and public businesses, third sector to education to create impactful progress which is greater than the sum of its parts.”
Alongside infrastructure improvements and collaboration, local firms also highlighted the importance of improving digital connectivity to ensure certain parts of the economy aren’t left behind.
With the emergence of new technologies disrupting the status quo across many sectors from consumer retail to industrial manufacturing, it’s vital that local business keep up to speed to stay ahead of the curve.
The recommendations were drawn following a
discussion on the future of Milton Keynes at Grant Thorntonâ€™s 2018
Buckinghamshire Limited eventÂ when the financial and business advisers
unveiled the results of its annual analysis of the 100 top performing
businesses in the county. This yearâ€™s study found firms continue to prosper
with increases in turnover, profitability and employment.