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NPP: Businesses want 'Northern Crossrail' investment | NPP: Businesses want 'Northern Crossrail' investment |
(about 2 hours later) | |
More than 5,000 businesses are calling on the government to invest in a high-speed railway link across the north of England. | More than 5,000 businesses are calling on the government to invest in a high-speed railway link across the north of England. |
The proposed £39bn project, dubbed the "Crossrail of the North", would see journey times halved between major northern cities. | The proposed £39bn project, dubbed the "Crossrail of the North", would see journey times halved between major northern cities. |
A survey by the Northern Powerhouse Partnership (NPP) found companies believed the upgraded network would boost productivity and investment. | A survey by the Northern Powerhouse Partnership (NPP) found companies believed the upgraded network would boost productivity and investment. |
The government is considering the plan. | The government is considering the plan. |
The report's findings have been backed by former chancellor George Osborne, who is the chair of the NPP. | The report's findings have been backed by former chancellor George Osborne, who is the chair of the NPP. |
He said improving rail links and connecting to the proposed HS2 rail network from London to the north had the "potential to revolutionise the Northern economy". | He said improving rail links and connecting to the proposed HS2 rail network from London to the north had the "potential to revolutionise the Northern economy". |
"The message coming loud and clear is that HS2 and Northern Powerhouse Rail (NPR) are critical for businesses to remain, grow and invest in the North," he said. | "The message coming loud and clear is that HS2 and Northern Powerhouse Rail (NPR) are critical for businesses to remain, grow and invest in the North," he said. |
"Government must hear that message and provide the funding the Northern Powerhouse so badly needs." | "Government must hear that message and provide the funding the Northern Powerhouse so badly needs." |
Businesses surveyed ranged from small enterprises to large multinational corporations, including Siemens and Manchester Airports Group. | Businesses surveyed ranged from small enterprises to large multinational corporations, including Siemens and Manchester Airports Group. |
More than 70% of the companies said they would "commit to new investment if NPR was confirmed" and 85% believed that NPR would increase investment across the north. | More than 70% of the companies said they would "commit to new investment if NPR was confirmed" and 85% believed that NPR would increase investment across the north. |
The report cites Manchester Airport as an example of how businesses could benefit from improved rail links. | The report cites Manchester Airport as an example of how businesses could benefit from improved rail links. |
The airport's owners claim NPR, which was first mooted in 2014 and has also been called "HS3", would "treble the number of passengers within a two-hour rail journey of Manchester Airport from 3.5 million to 10 million". | The airport's owners claim NPR, which was first mooted in 2014 and has also been called "HS3", would "treble the number of passengers within a two-hour rail journey of Manchester Airport from 3.5 million to 10 million". |
Steve Rotheram, Metro Mayor of Liverpool City Region said the proposal would deliver a "boost to our economy". | |
"I will ensure that we keep up the pressure on the Government to deliver the connectivity to maximise the potential in our City Region and throughout the North of England." | |
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Rail Minister Andrew Jones said: "It's brilliant to see widespread business support for NPR, and a recognition of the importance of linking it to HS2." | Rail Minister Andrew Jones said: "It's brilliant to see widespread business support for NPR, and a recognition of the importance of linking it to HS2." |
The Department of Transport would not confirm when a decision on the rail line will be made. | |
It did say the funding required for the improvements would come from the public purse. It is thought the project will cost up to £39bn. | It did say the funding required for the improvements would come from the public purse. It is thought the project will cost up to £39bn. |
In 2017, more than 70,000 people signed a petition calling for Transport Secretary Chris Grayling to back the NPR rail improvements. | In 2017, more than 70,000 people signed a petition calling for Transport Secretary Chris Grayling to back the NPR rail improvements. |