
Transport
May 25 2023
Today, (Thursday 25th May) marks the launch of plans to boost speeds along the Nottingham to Lincoln rail corridor.
Read moreNew research showcases Midlands strengths in the net zero economy with 3 of the UK’s 20 net zero economy hotspots and the sector 1.3x more productive than other regions.
The report – Mapping the Net Zero Economy – published by the Energy & Climate Intelligence Unit, measures the scale of the UK’s net zero economy and its geographic highlights. It finds that the UK’s net zero economy boasts almost 20,000 companies across the country contributing £71bn (3.7%) GVA to the national economy.
The net zero economy provides 840,000 jobs with an average wage of £42,600 (nearly 30% higher than the national average) – this is higher than other industries like manufacturing and construction. Investment into the net zero economy is also increasing tremendously with venture funding growing at a constant annual growth rate of 30%+ between 2016 and 2021.
The net zero economy is also highly connected to the wider UK supply chain, leading to a multiplier effect across the economy as goods and services are purchased from other industries. This supply chain contribution represents £29.5bn in GVA, contributing 1.5% to the UK economy.
The Midlands net zero economy profile boasts several strengths:
Scotland, Wales and the Northern Powerhouse also demonstrate net zero economy strengths, highlighting the important link between green growth and the levelling up agenda.
Indeed, the economic impacts of the net zero economy are stronger within each of the regional economies and outperform London, where only 3.1% of its economy is made up by the net zero economy.
Transport
May 25 2023
Today, (Thursday 25th May) marks the launch of plans to boost speeds along the Nottingham to Lincoln rail corridor.
Read moreEconomic Opportunities
May 25 2023
Latest News
May 19 2023
Beauty industry stalwart Tajinder Banwait will describe the journey of her fragrance company from kitchen table to international audience during a special event celebrating local businesses.
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