£50bn needed to close North South economic gap
Date published: 04 September 2015
Large-scale government capital spending of up to £50bn is needed to close the economic gap between the North and the South, a think tank believes.
IPPR North said the government's Northern Powerhouse strategy could only be "converted to reality" with "substantial investment" and a "step-change" in its commitment to the north.
The analysis focused on the North West, North East, Yorkshire and Humberside.
Called Rhetoric to Reality: A business agenda for the Northern Powerhouse, the study suggested the northern economy could see economic growth on a scale "not seen since the Victorian era of grand municipal development".
http://www.ippr.org/publications/rhetoric-to-reality-a-business-agenda-for-the-northern-powerhouse
Do you have a story for us?
Let us know by emailing news@rochdaleonline.co.uk
All contact will be treated in confidence.
Most Viewed News Stories
- 1Rochdale drug dealer jailed for 7 years despite attempting to flee
- 2First-ever Workers’ Party councillors elected to Rochdale Borough Council; Labour retains overall...
- 3Trio jailed for 20 years after shotgun fired at Rochdale house in broad daylight
- 4Ocean Colour Scene to play Rochdale Feel Good Festival
- 5First full Stalking Protection Order against a child in UK secured for family in Heywood
To contact the Rochdale Online news desk, email news@rochdaleonline.co.uk or visit our news submission page.
To get the latest news on your desktop or mobile, follow Rochdale Online on Twitter and Facebook.