LEP responds to Chancellor’s ‘HS3’ speech
Chancellor George Osborne gave a speech today (23 June 2014) about his vision to see Britain’s great northern cities be a northern “powerhouse” of the British economy.
Speaking in the Power Hall of Manchester’s Museum of Science and Industry, the Chancellor pointed to evidence that the government’s long-term economic plan is delivering a recovery everywhere. But while the cities of the North are individually strong, they are not collectively strong enough. He said “We need a Northern Powerhouse. Not one city, but a collection of cities – sufficiently close to each that combined they can take on the world.”
In response to the Chancellor’s speech, James Newman, Chairman of the Sheffield City Region LEP said,
“Sheffield City Region LEP welcomes news that Government is planning to invest further in high speed rail to better connect key northern cities in the east and west of the UK.
“It is however, disappointing that east-west linkages between Greater Manchester, Sheffield City Region and Hull do not form part of these headline proposals, and we will be seeking to explore this further with Government, including accelerating the delivery of HS2 and reducing journey times from Manchester to Sheffield on the southern transpennine route.”
To read the Chancellor’s speech in full, visit: https://www.gov.uk/government/speeches/chancellor-we-need-a-northern-powerhouse