1. In a January speech at a Siemens Healthineers factory outside Oxford, Chancellor Rachel Reeves — Britain’s equivalent of an American treasury secretary — laid out her vision for the region. “This area has the potential to be Europe’s Silicon Valley,” she said. “To make that a reality, we need a systematic approach to attract businesses to come here and to grow here.” She argued it was time to go “further and faster to unlock the potential” of the Oxford-Cambridge growth corridor, which she said could add over $100 billion to the U.K. economy by 2035.
