DRIVING THE NORTH’S AMBITIONS: Backing Northern Powerhouse Rail Foreword
— DRIVING THE NORTH’S AMBITIONS The Northern Powerhouse was established in 2014 with one simple objective; to rebalance the UK economy by making the North of England more productive, capable of fulflling its vast potential. The vision Lord Jim O’Neill and I set out was that linking up the great cities of the North could achieve far more than the sum of their parts in economic terms.
Five years on, there has been considerable progress. The initial momentum started when we were in government has been continued and built upon by the Northern Powerhouse Partnership (NPP) – an independent, business-backed organisation which I chair with cross-party support from Northern civic leaders. Some of the North’s biggest employers help shape the policy direction of the Northern Powerhouse.
One of our founder members, Addleshaw Goddard, has produced this report with NPP to demonstrate the level of business support for the transformational transport scheme that has the potential to revolutionise the Northern economy. Northern Powerhouse Rail (NPR) will link up our cities with faster journey times, enhanced capacity and greater frequency. It will create opportunities for young people to secure jobs and businesses to expand.
Currently less than 2.2 million people in the North can access four or more of the North’s largest economic centres within an hour. This would rise to 10 million once NPR is delivered, giving business access to skilled workers in larger labour markets and ofering people the opportunity for fexible career development and progression, all within the North of England. Delivering NPR alongside HS2 will create an integrated high-speed network North to south, east to west, that could transform UK productivity. It is not a case of either/or – we need both.
Addleshaw Goddard has surveyed 5,000 businesses across the North of England asking about the impact of improved rail infrastructure on their business. The message coming loud and clear is that HS2 and NPR are critical for businesses to remain, grow and invest in the North. Government must hear that message and provide the funding the Northern Powerhouse so badly needs.
George Osborne
Chair of the Northern Powerhouse Partnership and a former Chancellor of the Exchequer.
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Credit: IndustryRailLeaders Speed High
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