Business Times Celebrating 30 years est. 1991
March 2021
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In print and online Business Times is published in Northamptonshire for the county’s business community www.Business-Times.co.uk
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In-demand delivery robot service expands in Northampton P8
FE AT UR E
Thirty years in charge at thriving family firm P13
FE AT UR E
Changes after Brexit causing challenges for exporters P20
With the right interventions and investment, local analysis suggests that by 2050 economic output could double to over £200bn. Credit: Highways England
PR OP ER TY
Strong commercial property market in Corby P33
Next steps for Northampton’s Market Square revamp P37
Ambitious plan puts county at heart of fastest growing economic region An ambitious plan to unleash the economic and cultural potential of the Oxford-Cambridge Arc will mean Northamptonshire will be at the heart of what promises to be a world-class place to live and work sustainably.
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he intention is to establish a new single voice for the area to drive and support economic growth. The Spatial Framework plan will help to create thousands of jobs, drive investment, protect and enhance the environment, and provide the infrastructure and beautiful new places needed to make the area – which spans not only Northamptonshire but the counties of Oxfordshire, Buckinghamshire, Bedfordshire and Cambridgeshire. The results, due to be published in 2022, will give communities a chance to shape the longterm future of their area and will help to ensure the benefits of growth are felt across the region. The intention to establish an Arc Growth Body will also help unleash the area’s potential as a global innovation powerhouse by promoting the Arc internationally.
With the right interventions and investment, local analysis suggests that by 2050 economic output could double to over £200bn. To realise the full potential of local economies and the Arc as a whole, the Government is also considering how further investment could create jobs, support the delivery of more homes, and support local economic growth. Housing Minister Rt Hon Christopher Pincher MP said: “The Oxford-Cambridge Arc is already home to world-leading economic, cultural and scientific assets. “We know for instance Cambridge’s rate of patent applications – a key indicator of innovation – is the highest in the United Kingdom, while nearby Milton Keynes is the fastest growing city in the country. Continued on page 3 >>