New Northern Powerhouse partners named as exports rise
Some of the world’s most recognisable brands have signed up to
support the government’s plan for the Northern Powerhouse, as
new figures show the region’s economy is now greater than that of
some European nations. New Balance, Hitachi, Playdale and Techbuyer
have joined the Northern Powerhouse Partners Programme, a
government initiative which brings...Request free trial
Some of the world’s most recognisable brands have signed up to support the government’s plan for the Northern Powerhouse, as new figures show the region’s economy is now greater than that of some European nations. New Balance, Hitachi, Playdale and Techbuyer have joined the Northern Powerhouse Partners Programme, a government initiative which brings together businesses and organisations from across the North of England. This network of partners believes strongly in the economic potential of the North, and supports the need for a combined effort by government and business to realise that potential. According to the latest statistics, the Northern Powerhouse is worth over £330 billion a year to the UK economy, and since 2014 its exports have steadily increased. The region now supports around 20% of total UK goods exports – worth £60 billion in 2017. Northern Powerhouse Minister, Jake Berry MP, said:
Trade Minister, Graham Stuart MP, said:
Over £7 million has been committed to establish a Northern Powerhouse Taskforce to boost trade and investment across the North. The Taskforce has completed over 50 Northern Powerhouse Trade Missions from San Francisco to Singapore. All 4 companies that have signed up to the Northern Powerhouse Programme have a strong manufacturing presence in the Northern Powerhouse:
Barry Leahey MBE, Managing Director of Playdale, said:
Karen Boswell OBE, Managing Director of Hitachi Rail in the UK, said:
Kevin Towers, Managing Director of Techbuyer, said:
Fran Allen, Vice President of New Balance’s EMEA region, said:
Further informationThe Northern Powerhouse is the government’s vision for a globally-competitive northern economy with a flourishing private sector, a highly-skilled population, and world-renowned civic and business leadership. The Northern Powerhouse Partner Programme is an important part of creating the Northern Powerhouse. The government is looking to build a network of partners who all believe strongly in the economic potential of the North, and support the need for a combined effort by government and business to realise that potential. There are currently over 170 (178) businesses and organisations signed up to the Partner Programme. Regional trade statistics first quarter 2018. Prospective partners can email NorthernPowerhouse@communities.gsi.gov.uk for more information about the Partners Programme and how to apply. The Department for International Trade has 3 locations in the Northern Powerhouse to help business start exporting, or export more, to existing or new markets. |