Skip to content
Tuesday 1 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,824.26
+0.29%
DAX
26,258.11
-1.17%
CAC 40
8,334.50
-0.79%
STOXX 50
6,420.16
-1.01%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Tuesday 19 January 2016 7:11 am

UK house prices: Though it’s currently the economic golden child, Milton Keynes needs to shake off its brand image to become hot property

By: Catherine Neilan

Add as a preferred source on Google

Despite being one of the most confusing and maligned cities in the UK, Milton Keynes is managing to outpace London in terms of economic growth, according to the Centre for Economics and Business Research (CEBR).

With good transport links, a booming property market, and massive employers like Argos and Red Bull based there, on paper this makes sense. But, let’s be honest, on face value, this is surprising -nay, miraculous. Milton Keynes?

Cambridge’s growth makes sense. A city generally agreed to be lovely, full of clever students, nice architecture and all the rest, seems like the sort of place that should be booming. Images of punting, poets and push-bikes. Idyllic. But why do we feel that Milton Keynes is the one that’s so out of place here? Well, frankly, ‘MK’ has a brand problem.

‘Place branding’ has become something of a fashion in the last 10 years – the attempt the change the economic fortunes of a country or city by making it a unique and desirable place to live or visit. Its success has been mixed, with apparently 86 per cent of place branding projects failing within one year. Then again, look at New York. People love that brand so much they’ve even bought the T-shirt.

 So will MK ever be NY? Well, put simply, no. Because it’s just nowhere near as good. And that’s why so many place branding projects fail – you can slap a fancy logo on anything, but unless it’s authentic to the actual product or experience no-one is going to buy it.

A quick visit to destinationmiltonkeynes.co.uk gives you an immediate sense of what’s so horribly wrong with their brand. Just look at the hero image they’ve used to sell it to you. I mean, I love a roundabout as much as the next woman, but seriously MK. Take a hard look at yourself.

What the site, and any other comms I’ve seen, fail to do is find any compelling insight or reason to encourage people to consider the city as a place to work or live.

If we look at the London model of gentrification and development, the first step on the path often seems to be when creative minds realise there’s somewhere cheap and interesting for them to live and work. 

This was Notting Hill in the '80s and '90s, Hackney in the '00s and now Peckham in the 2010s. The rest – coffee shops, house price rises, Waitrose on the high street – follows suit.

Even Margate, the once run-down seaside town is now following the same trajectory. It might be criticised (yes, yes, damn the hipsters) but it is a model that works. 

Come on Milton Keynes, you can do this. Remember the Skoda ads in the 90s? Embrace your concrete cows, your straight roads that are perfect for cycling – and be sure to drop in mention of those massive cheap houses.

There’s modern architecture there and it’s not all bad – in fact, the MK Gallery would give half the pop-ups in Shoreditch a run for their money. Milton Keynes could embrace all this and do something really subversive and exciting.

Great branding projects take strong insight, beautiful design execution and a solid dose of bravery. Look beyond the obvious to see what you have that no-one else can offer, understand why people should want you and, most importantly, how you can make them feel.

And try as hard as you can not to show them a photo of a roundabout. Just imagine what Milton Keynes could achieve if it were as loved emotionally as it is on paper.

I’d be the first to buy my ‘I heart MK T-shirt’, that’s for sure. 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Markets & Economics
  • News

Categories

  • Business
  • Economics

Trending Articles

  • Pensioners to hand over bank statements in government benefits crackdown

  • Jaguar reveals the Type 01’s screen-free interior

  • Jamie Carragher: HMRC petitions for Sky Sports star to be declared bankrupt

  • City firms mandate phone and face-to-face comms bootcamps for Gen Z lawyers

  • Jamie Vardy bags Bundesliga rights as he steps up streaming war with Neville and Lineker

More from Morning Wire

  • Burnham’s cheerfulness could turn the economy around

    Opinion
    Andy Burnham laughing outdoors in a candid moment, May 2026, capturing a lighthearted political event atmosphere.
  • Meta glasses court ban sparks privacy warning for City businesses

    Legal
    Mark Zuckerberg smiling while adjusting smart glasses on his face, wearing a black shirt and two wristbands
  • Here’s the right way to criticise the media

    Opinion
    Elon Musk and a woman in blue blazer seated with microphones, golden car in background
  • Russell Investments Announces New Long-Term Owners

    Business Wire
  • From Mongolian camels to Tibetan verbs: the absurdity Ed Miliband’s aid spending plans

    Opinion
    Ed Miliband speaking at a podium during a press conference, addressing energy policy reforms and climate change initiatives.
  • ‘Good growth in every postcode’ is a woeful catchphrase

    Opinion
    Andy Burnham adjusting his tie, overlooking white cliffs and the sea on a sunny day
  • Tale of two cities: London leaps ahead in global finance but domestic growth stalls

    Economics
    Getty Images number 2154617464 depicts a relevant scene for the articles unidentified content, suitable for business context.
  • FTSE 100 property giants urge Burnham to unleash London office construction

    Property
    Skyline of Canada with iconic financial district buildings, highlighting UK investments and economic growth.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook