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Driving Growth for the UK Event: Accelerating Economic Development in Cambridgeshire and Peterborough

The forum aims to connect public and private sector organisations

John Elworthy by John Elworthy
2:50pm, March 12 2025
in Business
News for Peterborough - Pictured: From left to right: Sir Colin Humphreys CBE, Dr Simon Thomas, Minister Baroness Poppy Gustafsson, Mayor Dr Nik Johnson, Rob Bridge. Mayor of Cambridgeshire and Peterborough welcomed Minister for Investment Baroness Poppy Gustafsson last month to the region to explore opportunities to strengthen the local economy.

Pictured: From left to right: Sir Colin Humphreys CBE, Dr Simon Thomas, Minister Baroness Poppy Gustafsson, Mayor Dr Nik Johnson, Rob Bridge. Mayor of Cambridgeshire and Peterborough welcomed Minister for Investment Baroness Poppy Gustafsson last month to the region to explore opportunities to strengthen the local economy.

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The Cambridgeshire and Peterborough Combined Authority is hosting an event titled ‘Driving Growth for the UK’ on Friday, 14 March in Cambridge to highlight how the region is accelerating economic growth.

Key Points:

  • The event will focus on innovation, infrastructure expansion, and skills development.
  • Discussions will include opportunities in the Oxford-Cambridge Growth Corridor, impacts of Chancellor announcements like the new Cambridge Cancer Research Hospital, and the region’s role at UKREiiF in May.
  • Industry leaders, business experts, and policymakers from both public and private sectors will participate.
  • Following the success of a similar Westminster event, this initiative aims to tackle key regional challenges like transport and housing.
  • Mayor Dr. Nik Johnson emphasized the region’s economic potential and the importance of collaboration for job creation and housing.

Notable Attendees & Their Insights:

  • Katy Davies (Cap Air Systems Limited): Stressed the importance of aligning business, communities, and talent for inclusive growth.
  • Orestis Tzortzoglou (BioMed Realty): Highlighted investments in Life Science and Tech infrastructure.
  • Dr. Uday Phadke (R&D Society): Will discuss how the region can scale global businesses faster.
  • Tammy Dougan (Life Science & Healthcare Partnership): Focus on strategic partnerships and global collaborations in Life Sciences.
  • John Barker (Newlands Developments): Will discuss the value of logistics in supporting life sciences.
  • Nick Kirby (Cambridge Biomedical Campus): Aims to showcase the UK as the best hub for health innovation and life sciences.
  • Jess Cunningham (University of Cambridge): Highlights the need for connected infrastructure to support economic growth.
  • Charlotte Horobin (Cambridgeshire Chambers of Commerce): Advocates for investment in local talent, infrastructure, and business support.

The event serves as a platform to foster collaboration, attract investment, and drive economic growth in Cambridgeshire and Peterborough, reinforcing its role as a key player in the UK’s economic strategy.

UKREiiF (UK Real Estate Investment & Infrastructure Forum) is a major annual event focused on real estate, infrastructure, and investment in the UK. It brings together government officials, investors, developers, and industry leaders to discuss opportunities for economic growth, regeneration, and sustainable development.

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The forum aims to connect public and private sector organisations, showcase key development projects, and attract investment into UK regions. It covers topics like housing, transport, sustainability, and innovation to support long-term economic strategies.

Pictured: From left to right: Sir Colin Humphreys CBE, Dr Simon Thomas, Minister Baroness Poppy Gustafsson, Mayor Dr Nik Johnson, Rob Bridge. Mayor of Cambridgeshire and Peterborough welcomed Minister for Investment Baroness Poppy Gustafsson last month to the region to explore opportunities to strengthen the local economy.
Pictured: From left to right: Sir Colin Humphreys CBE, Dr Simon Thomas, Minister Baroness Poppy Gustafsson, Mayor Dr Nik Johnson, Rob Bridge. Mayor of Cambridgeshire and Peterborough welcomed Minister for Investment Baroness Poppy Gustafsson last month to the region to explore opportunities to strengthen the local economy.

The 2024 UKREiiF event will take place in May, and Cambridgeshire and Peterborough’s participation highlights their role in driving national growth and attracting investment.

Cambridgeshire and Peterborough Mayor Dr Nik Johnson said: “I’m delighted that we are hosting another ‘Driving Growth for the UK’ event following the great success and positive feedback from our Westminster event last month. By localising this event, we aim to sustain our momentum and highlight the importance of economic growth.

“Cambridge and Peterborough stand as a world-leading region with immense potential to contribute to the UK’s economy. Our collaboration and partnership with industry experts and business leaders is essential to ensure our residents have the jobs and homes they need to thrive.”

 

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