The Chancellor’s January 2025 ‘Growth Plan’ for the UK – what does it mean for local economic development?
Aug 13, 2025
1 min read
On 29 January 2025 Chancellor of the Exchequer Rachel Reeves delivered a speech on the UK government's priority measures for economic growth at Siemens Healthineers in Oxfordshire. These included infrastructure projects, institutional reforms, investments in technology, and area-based initiatives. But will these measures achieve the economic progress the UK so desperately needs? In this episode we explore the implications for local and regional strategies, such as Local Growth Plans in England. Could external factors, such as the global trading environment, throw a spanner in the works?
What's in the Growth Plan for local areas?
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