Improving connectivity is key to productivity

Improved connectivity will drive productivity growth across much of the UK and help close the gap between regions, according to a new study published today by HS2 Ltd.

Drawing on the knowledge of over 100 employers, local authorities and universities, ‘HS2: Getting the best out of Britain’ highlights the regional strengths across the UK, but warns that more needs to be done to draw them together and realise their full potential in the modern economy.

David Higgins, chairman of HS2 Ltd said: “This report is the evidence that HS2 will boost productivity in the north and Midlands.

“This is a once in a generation opportunity to join up and amplify the many centres of excellence around the country, as we prepare to exit the European Union.

“By improving the connectivity between our major population centres HS2 will give businesses access to the skills, labour and services they need to change the economic geography of the country.”

The report shows that world-leading skills and research in the Midlands and the North can match that of London and the South East.

Full article here.