The Transport Secretary, Mark Harper, has announced that the delivery of the Northern legs of HS2 between Birmingham, Crewe and Manchester and between Birmingham and the East Midlands are to be delayed by two years. The Transport Secretary cited high inflation for the delay, that will see the … [Read more...]
News for: Northern Powerhouse
Greater Manchester ranked among top European cities for international investment
Greater Manchester has been recognised among the top European cities for business in the International Investment Rankings of the Financial Times’ FDI European Cities and Regions of the Future 2023/24 report. The Greater Manchester Local Business Board (GM LEP) was ranked 2nd overall of local … [Read more...]
Thousands of government jobs have relocated to the North-west
The Cabinet Office has revealed that more than 11,000 government jobs been relocated from London to sites around the UK, including over 2,000 in the North-west. Under the Places for Growth programme, the North-west has seen the most jobs transferred out of the capital, with 2,100 civil servants … [Read more...]
Stockport recognised as net zero hotspot
Stockport has been named a stand-out hotspot for the UK's net zero economy, according to a report from the Energy and Climate Intelligence Unit (ECIU) think-tank. Produced in partnership with CBI Economics and Datacity, the Mapping The Net Zero Economy 2023 report revealed that the Green Economy … [Read more...]
Calls for TransPennine Express to lose franchise over continued cancellations
Northern Mayors have called on the Transport Secretary, Mark Harper, to strip rail operator TransPennine Express of its franchise running intercity routes across Northern England. Speaking at the Convention of the North in Manchester city centre yesterday, city-region leaders from Greater … [Read more...]
Northern leaders call for commitments in law towards Levelling Up
City-region mayors and other political and business leaders from across Northern England are calling on the government to enshrine its promises on Levelling Up in law. Regional leaders are calling on Westminster to replace bidding systems for government funding with settlements for all parts of … [Read more...]
MAG announces £440 million investment in final phase of Manchester Airport Transformation Programme
Manchester Airports Group (MAG) has announced a £440 million investment in Manchester Airport in a bid to unlock billions of pounds for the Northern economy. The investment is the final face of a 10-year £1.3 billion transformation programme being implemented at Manchester Airport, which has … [Read more...]
Government approves £2.6 billion local spending plans to replace EU funding
The government has approved £2.6 billion of spending plans to allow local leaders to replace EU funding with support from the new UK Shared Prosperity Fund (UK SPF). Councils nationwide have drawn up the plans with a wide range of local partners that deliver for people in their areas. They have … [Read more...]
Green technology worth £8.6 billion to the Greater Manchester economy
A new study into Greater Manchester's green technology sector has found it generated £8.6 billion in sales in 2019-20, and employs 3.2% of the city-region's workforce. The research was commissioned by Green Economy, a membership organisation connecting buyers to suppliers of green products and … [Read more...]
Stockport, Manchester and Trafford among top locations outside London for a finance career
The Greater Manchester local authorities of Stockport, Manchester, and Trafford have all been named among the top locations to start a career in finance outside the capital, according to research by trading company, CMC Markets. While London dominates the UK's financial services sector, CMC … [Read more...]
Investment boost for TransPennine rail upgrades
Transport Secretary Grant Shapps has announced the government will triple its investment in improvements to the TransPennine rail route, linking Greater Manchester with West Yorkshire, to £9 billion. The funding will support the full electrification of the rail route, saving around 87,000 tons of … [Read more...]
NPIF celebrates five years of investing in the region’s SMEs
The Northern Powerhouse Investment Fund (NPIF) has celebrated that it has invested in over 1,000 SMEs across the North of England since it was launched five years ago. The £500 million fund was launched 2017 by the British Business Bank using funding from the European Regional Development Fund … [Read more...]
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