The UK’s productivity has stagnated. This holds back wage growth and living standards, making us one of the most unequal countries in the OECD. We need to move beyond a one size fits all approach to levelling up. We need clusters - when interconnected businesses, suppliers, universities and research organisations exist and operate together, so much so that they gain a competitive advantage over other places.
“Reinforcing successful business clusters will be central to kickstarting this regional revival. This means building on distinctive local strengths to forge a clear USP for investment in towns, cities, regions and nations in all corners of the United Kingdom. Cookie-cutter solutions are no solution at all if levelling up is to be a success.”Tony Danker, Director General, CBI
Clusters are a tried and tested policy solution to raising productivity and creating globally competitive industries. They will create a number of tangible benefits for the UK economy.
Closing the productivity gap between the highest and lowest performing parts of the UK could add as much as £215bn to the UK economy
A 10% boost in GVA within areas of existing business specialisation and concentration could add £66bn to the UK
We’ve identified as many as 50 cluster opportunities in the UK, but this could grow as a result of the net zero transition
Learn from other businesses and discover how they’re leading, and benefiting from, cluster initiatives across the UK.
Why the UK needs its first ever economic strategy
Government published the Industrial Decarbonisation Strategy
How your business can help create a growth cluster
Reviving Regions: regional scorecards and growth priorities
Seize the Moment: an economic strategy to transform the UK economy
Levelling up: the gains from empowering local economic clusters to play to their strengths
CBI @10am: What does 'levelling up' mean for businesses?
CBI @10am: Seize the Moment - An introduction to clusters
We want to hear your business’ views on how government could support your business benefit from cluster developments across the UK. If you have thoughts on how business and government can work together to solve these issues, please get involved and help drive real change.