Chancellor meets Metro Mayors and visits key infrastructure in the North
On Monday (4 September) the Chancellor of the Exchequer, Philip Hammond, convened the government’s first meeting with all three Metro Mayors from the North of England, and discussed boosting growth across the Northern Powerhouse regions.
The Chancellor reiterated his commitment to the Northern Powerhouse, noting that it will have a key role in the Industrial Strategy and in efforts to ensure Britain makes the most of the opportunities ahead as we leave the European Union.
The Chancellor of the Exchequer, Philip Hammond said:
“Boosting productivity in the North is at the very heart of the government’s ambition to build an economy that works for everyone.
“As we prepare to leave the European Union it is even more important that we support the Northern Powerhouse to reach its full potential.
“That’s why we are investing record amounts in infrastructure, and working with Metro Mayors to encourage growth and create opportunities throughout the North.”
Whilst in Manchester, he saw for himself how work is progressing on a new rail link, Ordsall Chord, which will connect Manchester’s three main train stations, and provide new direct-links to Manchester Airport from across the North of England. This will help support jobs and growth across the region, reducing commuting times and speeding up links to foreign markets – all key to helping boost productivity.
He then travelled to Leeds to see the progress being made to create up to 700 homes at the Seacroft development in the east of the city. This has received support from the government through the Home and Communities Agency’s single land programme. The Chancellor revealed that good progress is being made on a ‘housing deal’ with Leeds, which could unlock thousands more new homes. These deals will look to increase the supply of housing in areas of high demand.