Transport for Greater Manchester (TfGM) and Great British Railways Transition Team have formally begun working together ahead of plans to deliver a more locally accountable rail network in the city-region. The start of work follows the launch of the Bee Network in September 2023 that brings buses … [Read more...]
News for: Northern Powerhouse
More than three-quarters of Greater Manchester tech businesses seeking growth capital
New data from UK tech sector monitor, Tech Climbers, has found over 75% of Greater Manchester's tech businesses plan to seek growth capital this year, potentially attracting millions in investment to the city-region and creating hundreds of new jobs. Launched in 2019 in the Liverpool City Region … [Read more...]
Greater Manchester emerging as leading hub for innovation, finds British Business Bank
The British Business Bank has found Greater Manchester is emerging as one of the leading innovation led clusters in its third annual Nations and Regions Tracker of business investment. The Tracker found the North West experienced a drop in equity deal quantity and investment value in 2022, … [Read more...]
£19.8 billion transport investment promised to North following HS2 cancellation
Following Prime Minister Rishi Sunak's cancellation of the HS2 rail link between Birmingham and Manchester, £19.8 billion worth of transport investment has been announced for the North of England as funds assigned to the project are redistributed. Rishi Sunak announced the cancellation of the … [Read more...]
Prime Minster cancels Manchester leg of HS2
Prime Minister Rishi Sunak has announced he is scrapping plans for the HS2 high-speed rail link to be built between Birmingham and Manchester. The announcement follows much speculation in the media that the Northern leg of the high-speed rail line would be cancelled in a bid to curb rising costs … [Read more...]
Business and political leaders in the North oppose cancellation of Manchester leg of HS2
Ahead of Prime Minister Rishi Sunak's address to the Conservative Party Conference today (4th October), business and political leaders in the North and Midlands of England have expressed their support for the HS2 high-speed rail service to reach Manchester. Following much media speculation that … [Read more...]
Stockport ecommerce platform raises £1.5 million to target B2B sector
Stockport based Shopblocks, an ecommerce platform that enables small businesses to set up an online store, has secured a £1.5 million investment to grow its market share within the B2B ecommerce market. The business has raised funding from NPIF – Mercia Equity Finance, which is managed by Mercia … [Read more...]
Northern professionals encouraged to apply for top public sector jobs
Baroness Neville-Rolfe, Minister of State at the Cabinet Office, has urged professionals from across Northern England to apply for senior roles with public sector bodies. The call for more Northerners to join the public sector comes was made at a speech address business leaders in Darlington on … [Read more...]
North-west economy set for £242 million boost from manufacturing tech adoption programme
A programme to boost tech adoption and digitalisation within the manufacturing sector in the North-west is forecast to add £242 million to the local economy and create over 1,500 jobs in the region. New analysis of the Made Smarter programme has found that the 334 projects already delivered with … [Read more...]
Stockport educational technology specialist secures NPIF funding
A Stockport based supplier of educational technology has secured a six-figure investment from part of the Northern Powerhouse Investment Fund to finance future growth. The investment from NPIF – FW Capital Debt Finance, managed by FW Capital will support further growth for Computeam. The … [Read more...]
Avanti West Coast reveals new fleet of trains
Avanti West Coast has revealed the newly liveried Class 805 trains set to enter service on its network connecting London and the North-west in the coming months. The trains have been revealed at Hitachi’s Newton Aycliffe facility in the North East on 22nd September, with the first three units … [Read more...]
HS2 Manchester leg in doubt amid government concerns over rising costs
The Prime Minister and Chancellor are understood to be in talks over scrapping the Manchester leg of the HS2 high-speed rail line in a bid to curb rising costs of the project, according to the Independent newspaper. Journalists at the paper have learned of the discussions that could see the rail … [Read more...]
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