Oxbridge 'Silicon Valley' gets £500m boost
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Getty Images The government is to invest £500m in the Oxford-Cambridge Growth Corridor, which was announced earlier this year
The government is to invest £500m to "kickstart" regional growth in "Europe's Silicon Valley". Money for the Oxford-Cambridge Corridor will see £400m spent on the Cambridge end to boost development with affordable homes, infrastructure and business expansion, the government said. The Cowley branch railway line will also be reopened with new stations at Littlemore and Cowley, "to help support the creation of up to 10,000 new jobs and homes in Oxford". The government said the investments would build on its commitment to deliver East West Rail, "which will strengthen links between Oxford and Cambridge, Milton Keynes, Bedford and beyond".
Chancellor Rachel Reeves said the corridor could add £78bn to the UK's ec
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