Transport policy’s potential to increase GDP

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The Centre for Economic and Business Research have published research on transport policy’s potential to increase GDP. The research suggests that better connectivity between UK cities could increase GDP by up to £240bn per year. The research found that a more connected transport policy would be instrumental in this, beginning with an improved HS2 and Northern Powerhouse Rail.

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The Transport Knowledge Hub is a fantastic resource and I’m really excited about the opportunity to explore how we can maximise its use among transport stakeholders. In the South East Midlands, investing in local transport infrastructure has unlocked significant economic growth. The Hub offers a formal framework for sharing expertise with decision makers around the UK, as well as learning from the experience of others. This will enable more investment to be directed towards  local and sustainable forms of transport.

Hilary Chipping, Deputy CEO, SEMLEP

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