According to research from the British Business Bank, a regional funding gap persists as finance options broaden for Northern businesses. Research from British Business Bank, the operators of the Northern Powerhouse Investment Fund, has revealed that Northern businesses are increasingly benefiting … [Read more...]
News for: Northern Powerhouse
Northern Powerhouse Investment fund passes £10 million mark
The Northern Powerhouse Investment Fund (NPIF), managed by fund manager FW Capital, has provided funding of over £10 million to businesses in less than a year. The British Business Bank launched NPIF in February 2017 and appointed FW Capital as Fund Manager – FW Capital Debt Finance - with funds … [Read more...]
A new frontier for the Northern Powerhouse
Northern Powerhouse Minister, Jake Berry, visited Manchester Airport as it kicked off a £5 million campaign to boost the international profile of the North. The UK’s third largest airport is searching for the people, businesses, attractions and other assets that make the North a great place to … [Read more...]
Transport for the North launch Strategic Plan
Civic and business leaders from across the North have come together to publish the Transport for the North draft Strategic Transport Plan. The thirty year plan is the first of its kind and outlines how transport connections across the North of England need to be transformed by 2050 to drive … [Read more...]
Northern Powerhouse postpone 2018 Conference
The Northern Powerhouse Conference 2018 scheduled to take place in February in Manchester, has been postponed, according to the organisation's website and as reported in the Manchester Evening News. Last year's event brought together thousands of delegates including chief executives, businesses … [Read more...]
New Government fund will drive forward Northern Powerhouse
A new Government fund to transform transport connections will drive forward Northern Powerhouse and deliver the opportunities and ambition of the Industrial Strategy across the country, according to Transport Secretary Chris Grayling. The UK will see its biggest ever increase in research and … [Read more...]
100th deal for Northern Powerhouse Investment Fund
The Northern Powerhouse Investment Fund (NPIF) has completed its 100th deal from its £400m funding pot. Supported by the European Regional Development Fund, the Northern Powerhouse Investment Fund has provided £700,000 worth of equity finance to Microbiosensor Ltd, an innovative diagnostic … [Read more...]
Direct flights to China show big regional business benefits
Research reveals how direct flights to China from the North to Beijing are delivering a significant business benefit to the region. Almost exactly two years since President Xi Jinping visited the North and announced the UK’s first direct flights to China outside of London, research released today … [Read more...]
City-wide Mayors Unite in Call to Speed Up Devolution
Britain’s seven regional and city-wide Mayors are meeting for the first time today to issue a united call for the Government to significantly increase the pace and scale of devolution in order to boost economic growth in Britain and to improve public services. London is today hosting the first of … [Read more...]
£400m for New Northern Transport links
Chancellor Philip Hammond has unveiled plans for an extra £400million to be allocated for new northern transport links across the North of England. At the Conservative Party conference in Manchester, Mr Hammond said that the investment would ensure that the economic benefits following Brexit will … [Read more...]
Greater Manchester Mayor refocuses greenbelt debate
Greater Manchester Mayor Andy Burnham is refocusing the planning debate on town centres and infrastructure led development in response to public concerns, especially concerning greenbelt, expressed in the first consultation on the Greater Manchester Spatial Framework. The first step in the next … [Read more...]
Chancellor to meet North’s three Metro Mayors today
Today, the Chancellor Philip Hammond will convene the government's first meeting with the North Of England's three Metro Mayors. Boosting productivity in the North, crucial to building an economy that works for all, is set to top the agenda to deliver sustainable growth across the Northern … [Read more...]