MPs welcome think tank’s assessment of city’s economyJan 30, 2019
Milton Keynes is in the top ten cities for almost all positive economic indicators.
It is the fifth most popular place in the UK to start-up a business, it is third for the number of established businesses and it is the ninth best city to find a job with the percentage of job seekers claimants at a record low of 1.5%.
- Pictured: MPs Iain Stewart (left) and Mark Lancaster.
One of the most impressive figures was the high level of productivity workers in Milton Keynes are delivering. The workforces is just behind London and Slough, with the level of productivity 26% above the UK average.
Milton Keynes North MP Mark Lancaster said: “I am delighted to see Milton Keynes’ economy continuing to do well. I think it highlights how robust our economy has become.
“I am particular pleased with the productivity level, the hard work and innovation of our workforce is why we stand out as a great place to business.
“We face challenges, not least the need for certainty with the UK’s withdrawal from the EU but also very local issues such as the need to improve broadband connections, especially in our rural communities.”
Iain Stewart, who represents Milton Keynes South, added: “Strengthening our economy has been core to our plan over the last eight years. In almost all sectors Milton Keynes has grown rapidly delivering well paid and highly skilled jobs.
“We have come so far and I am determined to do all I can to make sure that we do even better in the years to come.”
The report also highlighted areas in which Milton Keynes is falling behind. The city was listed in the worst ten cities with the lowest ultrafast broadband penetration rate.