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SPRING/SUMMER 2016

                                      What does the Northern
                                      Powerhouse mean to me?

Danny Roper                           In a nutshell the Northern Powerhouse aims to boost
                                      economic growth across the North of England.
Business Services Specialist
danny.roper@david-allen.co.uk         But will it benefit you...?
If you would like help with starting
your own business call Danny on
01768 877000.

In an attempt to bring the Northern economy together and      Currently the Northern Powerhouse is a concept rather than
produce a collective force that could begin to rival that of  anything tangible. It is an attempt to get the Northern cities
London and the South East, the Chancellor George Osborne      working together, rather than against each other, helping
announced in 2014 the country’s need for what he called a     to reduce the economic imbalance between the North and
‘Northern Powerhouse’. The Northern Powerhouse would          South. In turn, this will help promote the current business
constitute a collection of Northern cities with a combined    sectors that the North prides itself upon, sectors such as
population of 15 million people and, according to the         manufacturing, science and technology. By doing so, this will
Chancellor, “would be capable of taking on the world”.        hopefully increase investment in Northern towns and cities,
                                                              which will improve local infrastructure and reduce the level of
Since then the term ‘Northern Powerhouse’ has become          unemployment.
more and more familiar as individuals and businesses have
started to consider what the Powerhouse could mean for        One of the Northern Powerhouse’s main focuses will be to
them.                                                         address transport links between the major Northern cities.
                                                              Reducing travel times, particularly by train, between each city
“We will see local businesses excel by taking                 would encourage these cities to work together more.
 advantages of the opportunities available.”
                                                              The travelling time between Carlisle and Newcastle has been
                                                              talked about and the need for this to be addressed has been
                                                              highlighted. In his Budget speech on Wednesday 16 March
                                                              George Osborne said “my honourable friends for Carlisle,
                                                              Penrith and Hexham have told us not to neglect the North
                                                              Pennines - so we’ll upgrade the A66 and A69 too.”

                                      THE NORTH

                     CUMBRIA

NORTHERN POWERHOUSE

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