Capital gains: Milton Keynes and Cambridge set to outperform London

Cambridge and Milton Keynes will grow at a faster pace than London this year - outperforming the rest of the UK, according to a new study.

The capital is is expected to grow by 2.7% while Milton Keynes will grow by 2.8%, and Cambridge by 2.9%.

The growth is expected to come from advanced engineering and retailing, according to analysis of 40 UK cities by the Centre for Economics and Business Research (CEBR) and law firm Irwin Mitchell.