Telling the truth about SME life today

If were going to be a Northern Powerhouse, we need to stand united

Share on facebook
Share on twitter
Share on linkedin
Share on email

Anything that can help businesses compete more closely with London and the South East whether from the investment in science and innovation, infrastructure or greater devolution of powers is good news.

George Osbornes eighth budget shows that the chancellor is willing to put at least some money where his mouth is. 135m has been earmarked for road and rail improvements in the North, and thats on top of the 200m funding for the transport body Transport for the North (TfN).

Encouraging signs, even if the 135m is predominately for feasibility studies or work that doesnt start until after this parliament.

Its clear that joining up the dots is a priority for enabling the North to reach its potential and ensure our cities grow and grow as global commercial hubs. The fact that it takes longer to get a train to Manchester from Newcastle than from London despite being over 50 miles closer is symptomatic of the issues the North has to overcome.

Yet we know that overcoming these challenges is vital to creating the unified, single economy where people will continue to want to live and work.

However, simply put, if were going to turn this ambition into a reality, we all have to do more; and with offices in London and Newcastle, that includes TH_NK.

All of us with a stake in the health and wellbeing of the North, as a driving force of the UK economy, need to be more invested in being part of the discussion around what needs to change for us to fully unleash our potential.

And, crucially, making sure were thinking homogeneously about the region, rather than just the big cities. We need to support all the cities of the North, to build on their often illustrious pasts and be our key drivers of growth.

Read more on the Northern Powerhouse:

But to make this a reality, weve got to move away from an archaic city-state mentality and unite the clans.

Its all very well that, post-budget, a joint commitment has been signed by leaders in Manchester, Liverpool, Leeds, Newcastle and Sheffield, to work together with the government and deliver a vision for the Norths economy.

Yet I think theres an argument to be made that were not quite on the same page yet in achieving whats in our collective best interest. At the moment, some cities seem more equal than others.

For instance, I was at the recent Northern Powerhouse event, where attendees heard a great deal about how the North can better compete with London and the South East.

Yet, for all that, talk was almost exclusively about Manchester and Liverpool, with Leeds occasionally getting a mention. The Governments own Northern Transport Strategy report, last Autumn, also focussed predominately on these two cities. Surely its main focus should have been on the infrastructure and support smaller cities need to reach their level

The disproportionate focus on Liverpool and Manchester isnt very encouraging when you recall the Governments original announcement that The Northern Powerhouse needs each city region in the North to perform to its maximum .

Call me biased, but with Newcastles GDP of over 31bn and its burgeoning financial services and digital sectors, the city should have played a greater role, both at the event and in the Governments report. And thats not to mention the likes of York, Sunderland, Hull and Sheffield.

We have to make incremental gains as a region, rather than just giving the biggest cities in the North shiny new toys, or we risk just turning the frenemies of Manchester and Liverpool into the next London.

Another area the rest of us have to compete with for talent and business. The North of England has a GVA of over 300bn. Wed be the 10th largest economy in the EU if we were our own country. Knowing how much we still have to accomplish, our potential is vast.

If we can truly work together, speak with the same voice, build an ever-closer union of Northern cities and build the network for collaboration we deserve, the future is bright.

Heres a recap on the regional investment breakdown throughout the UK, as revealed during the Budget 2016.

Marc Russell, group project director at digital transformation agency TH_NK

Image: Shutterstock

Trending

Topic

Share on facebook
Share on twitter
Share on linkedin
Share on email

Related Stories

More From

Trending

If you enjoyed this article,
why not join our newsletter?

We promise only quality content, tailored to suit what our readers like to see!