Slough is the most productive place in the UK, beating London into second place, a report from the Centre for Cities revealed today (Thursday 16 November).
The report, entitled “The role of place in the UK’s productivity puzzle” lists Slough as top for productivity with £82,100 of output per worker compared to London with £73,700 and Reading with £68,900.
The analysis is based on Office of National Statistics (ONS) data on Regional Gross Value Added (Income Approach) by Local Authorities in the UK, and the ONS Business Register of Employment Survey.
Councillor Sohail Munawar, leader of the council, said: “Slough has been built on hard work, business and an aspirational population; we are a working town, home to all types of workers from big business headquarters to smaller enterprises and entrepreneurs.
“Slough means business and we are continuing to build on our past successes with investment in new homes, leisure, infrastructure, schools, green spaces – all of which brings further investment in our town.
“Our regeneration plans are unprecedented with more than £60million being ploughed into our leisure facilities, huge plans for town centre homes, leisure and retail schemes on the old TVU and old library sites and working with the owners of the shopping centres for a major scheme which will herald a new era for the town centre.
“Just two months ago, Glassdoor – one of the world’s largest job sites – named Slough as the top place to work in the UK and now we have also been listed again, by an independent organisation as top for business.”
Andy Howell, general manager of Slough Urban Renewal – a 50:50 joint venture between Slough Borough Council and Morgan Sindall Investments Limited – said: “We always knew Slough was a place where people contributed to the UK economy, where business thrives and communities build their futures.
“This productivity and approach to business and investment is one of the reasons we were eager to team up with the council and form Slough Urban Renewal to drive the regeneration agenda.
“Slough has a very bright future and we are proud to be a part of it.”
Centre for Cities is a research and policy institute, dedicated to improving the economic success of UK cities. They are a charity that works with cities, business and Whitehall to develop and implement policy that supports the performance of urban economies. They do this through impartial research and knowledge exchange. For more information, please visit www.centreforcities.org/
Slough Urban Renewal is a 50:50 joint venture between Slough Borough Council and Morgan Sindall Investments Limited. Its purpose is to deliver ambitious objectives to transform the borough of Slough.
Slough Urban Renewal (SUR) is currently working on numerous projects across the borough, from delivering new school extensions to creating new and improved leisure facilities and new housing developments.