Nine Chambers of Commerce, including the Mid Yorkshire Chamber of Commerce, which in total represent over 16,000 businesses employing over 1.4m workers across the North of England, have produced a joint assessment of the considerable opportunities the Northern Powerhouse can provide the UK economy.
The assessment comes as part of the joint submission by the Chambers to the Treasury’s Comprehensive Spending Review (CSR), which will be announced in November.
Commenting on the submission, Steven Leigh, Head of Policy at the Mid Yorkshire Chamber of Commerce says:
“The North of England’s economy represents a quarter of the whole of the UK. However, for several decades the North’s economy has underperformed. In this submission we urge the Chancellor to take the opportunity to now begin a meaningful conversation.
“The UK economy is presently in a much weaker position than it could be, and the capacity clearly exists within the Northern Region to significantly increase UK GDP. Unlocking this opportunity ought to be a national economic priority, and accordingly, we have suggested to the Chancellor some of the priorities which we consider will enhance the Northern Powerhouse initiative.
“This is such a major issue that we must work with organisations across the North of England to ensure that business’ views are heard and made part of the future decision-making process. The nine Northern Accredited Chambers of Commerce have therefore come together in order to send a clear message to Government that businesses have issues with a range of current policy decisions - and their likely effects on the North of England.
“By coming together in this way the Chambers’ are demonstrating their clear intent in playing a part in implementing change and solutions, and in making sure that our members play their full part in this vital work. “We want the Northern Powerhouse to become a reality - and we are committed to playing our part in making it happen. We are willing to work with Government in order to develop these recommendations in greater detail in the weeks ahead.”
Some of the key recommendations in the paper submitted to the Treasury:
The Chambers involved are: Mid Yorkshire Chamber of Commerce, Barnsley & Rotherham Chamber of Commerce, Doncaster Chamber of Commerce, Greater Manchester Chamber of Commerce, Hull & Humber Chamber of Commerce, Liverpool Chamber of Commerce, North East Chamber of Commerce, Sheffield Chamber of Commerce and West & North Yorkshire Chamber of Commerce.