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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With LEPs now responsible for significant amounts of local transport funding decisions, the Transport Knowledge Hub is a timely new tool for local decision makers. At the LEP Network, we know the huge value of giving LEPs a forum to share best practice and engage with other stakeholders, so we are delighted to be involved with a transport-specific project which supports spending decisions that make a genuine difference.

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