Reducing the costs of success


This briefing forms part of our series on the industrial strategy and looks at how successful cities can manage the costs of growth such as high property prices, congestion and air pollution.

A number of UK cities, mostly in the Greater South East, are already strong economic performers and make an important contribution to the national economy. But their success comes with costs too, such as rising commercial and residential property prices and increasing congestion and pollution. While these costs play out across all cities, managing their impacts in successful cities in particular is necessary if these cities are to continue to make their important contribution to the national economy in the coming years. Failing to do so may mean that these costs start to drag on future economic growth at the local and national level.

For cities to better manage these costs, this paper offers a range of policies for national and local decision-makers. At a national level this includes: targeted housebuilding; funding Crossrail 2; and giving TfL style powers to more city-regional transport bodies. At a local level, cities should ensure they have a spatial plan in place, introduce road or congestion charging and introduce a low emission zone where air quality is a particular problem.

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