New economic plan to super-charge space and creative sectors in Buckinghamshire

A new economic blueprint for Buckinghamshire, designed to grow the area’s creative, space, advanced manufacturing and digital health capability on the world stage, has been unveiled.

Developed in collaboration with local leaders, including Buckinghamshire Local Enterprise Partnership, local authorities, businesses, and Government, the Buckinghamshire Local Industrial Strategy sets out how the area will deliver the national Industrial Strategy’s aim to raise productivity levels and to create high-quality, well paid jobs across the country.

UK Space Agency recently invested £4.12m in Westcott Venture Park to develop the National Space Propulsion Test Facility, and today’s new strategy sets out how the cluster will get to the next level, addressing skills shortages for technicians and propulsion test specialists.

Buckinghamshire’s creative businesses like Pinewood Studios are also highlighted as a key asset and enabler of growth in the sector, with the next James Bond film currently being filmed in Iver Heath.

Business Secretary Greg Clark said: “Buckinghamshire already has world-leading assets and strengths, ranging from Pinewood studios and the next James Bond film, to an innovative space sector testing new and emerging technologies.

“Today’s Local Industrial Strategy – one of four published across the Oxford-Cambridge Arc – will build on this and its position as the fourth most productive area in England, while also opening up new job opportunities for people across the county and beyond.”

Andrew M. Smith, Chair of Buckinghamshire Local Enterprise Partnership, said: “We have embraced the opportunity to work with Government to deliver one of the first trailblazing Local Industrial Strategies in the country, to help drive the Buckinghamshire economy to further increase innovation, support international trade and improve connectivity to help all businesses deliver their full economic potential.

“Buckinghamshire has many world leading businesses and business clusters operating at the heart of the Oxford to Cambridge Growth Arc.

“Many of these including, Robert Bosch, Silverstone, GE Healthcare, Johnson & Johnson, Boundless Productions and Pinewood Studios are operating at the heart of the automotive technologies, life-science and creative industry sectors and will be critical in delivering the success of our strategy.”