Last summer, George Osborne travelled to Manchester’s Science and Industry museum to make a speech which, at the time, received scant attention in the London press.
Surrounded by the giant steam engines that powered the Industrial Revolution, Mr Osborne made a bold claim. His Government, he said, would revitalise Britain’s great provincial cities to create a new “Northern Powerhouse”.
Seven months on, and progress has been made. The Government has given the go-ahead for a new high-speed rail link to cut journey times between Manchester to Leeds from 48 to 26 minutes. Read more here...
At a launch event at the RSA Great Room with Jim O’Neill, Lord Heseltine and Sir Richard Leese, the Commission today set out the recommendations from its final report, Unleashing Metro Growth.
The process of devolving power and responsibility from Whitehall to UK cities (‘Devo Met’) should run in parallel with that of ‘Devo Max’ for Scotland, with draft legislation put in place by January 2015, according to the final report from the RSA City Growth Commission.
As the government considers devolving public expenditure powers to nations and metros, radical new incentives should be put in place to ensure our universities play a bigger role in promoting local economic growth, according to the RSA City Growth Commission.