Our urban future, as seen by economics speaker Jim O'Neill
Writing for City A.M., Jim O’Neill, the well-known economist, discusses our urban future by analysing how regional cities can match London’s success.
Jim argues that there is a job to do in generating stronger growth across urban Britain. He points out that chiefly we need a better infrastructure – developing connectivity across the UK and, critically, with international market. Jim believes this can be brought about in three ways:
- Improved connectivity between the midlands and northern cities.
- Recognise our existing assets – for example, at our universities talent and innovation are diversely spread.
- Find ways to incentivise universities to retain talent after graduation.
Jim goes on to say that like London, the “UK’s regional cites have talent and capital. In many cases the assets are there and ready to be realised. What is missing is the boldness to unlock this latent potential.”
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