George Osborne has today announced that he will continue to fight for the Northern Powerhouse, launching a think-tank to promote his plan. The Northern Powerhouse Institute will push for more powers and investment for the North of England.
Osborne will chair the board which will be made up of senior politicians and business chiefs from major Northern towns and cities, commissioning research on potential new projects and lobbying the Government for more powers and funds for the region.
Chris Oglesby, chief executive of Bruntwood said:
“Collaboration and partnership have driven the renaissance of our great Northern cities and extending this between these City Regions is essential if the North is to achieve its true economic potential. Bruntwood are investing heavily in the regeneration of the region; we are fully behind the launch of the new Northern Powerhouse Partnership and welcome the reiteration of support from Central Government for the concept.
The North of England has world class propositions in a number of important sectors of the economy. Only by working together will we be able to present this in a way that is truly significant on a world stage and secure the investment in infrastructure required to capitalise on this strength."
Rowena Burns, chief executive of Manchester Science Partnerships (MSP) added: “It was great to hear the renewed commitment to science as a critical driver for growth in the North and also to see at the launch the shared purpose and global ambition of this new organisation. It is fantastic that someone of the international stature of former New York Mayor Bloomberg has agreed to support the creation of the metro-mayor model.
“MSP is absolutely committed to playing its part in supporting this growth agenda and will continue to both collaborate with partners in the public and private sectors across the North and also invest in creating world class facilities to support the growth of scientific businesses.”