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News for: Northern Powerhouse

Manchester Airport delivers strong US growth

Manchester Airport has soared to reach new heights to deliver 7% year-on-year growth of flights to the  USA as flights to Seattle take off.  News of 1.7m passengers flying out of Manchester Airport to 13 USA destinations has been welcomed by the UK's International Trade Minister, Dr Liam … [Read more...]

Barclays £500m Northern Powerhouse fund to boost business

Barclays £500m Northern fund has been launched to boost growth for small and medium-sized businesses in the North of England as part of the bank’s commitment to support the Government’s Northern Powerhouse initiative.  Barclays Northern fund is available to inject investment into businesses across … [Read more...]

Regional funding gap persists says British Business Bank

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...]

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...]