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Budget 2015: George Osborne sets out 'northern powerhouse' vision Budget 2015: George Osborne sets out 'northern powerhouse' vision
(35 minutes later)
George Osborne has outlined his vision for building a "northern powerhouse" in his final budget ahead of the general election in May.George Osborne has outlined his vision for building a "northern powerhouse" in his final budget ahead of the general election in May.
The chancellor told MPs employment and jobs grew faster in the north than the south during the last year.The chancellor told MPs employment and jobs grew faster in the north than the south during the last year.
Setting out his plans in the Commons, he announced that Greater Manchester would be allowed to keep 100% of growth in local business rates.Setting out his plans in the Commons, he announced that Greater Manchester would be allowed to keep 100% of growth in local business rates.
Labour leader Ed Miliband said it was a budget that "simply won't be believed".Labour leader Ed Miliband said it was a budget that "simply won't be believed".
Mr Osborne said that Greater Manchester's decision to appoint an elected mayor from 2017 was "the most exciting development in civic leadership for a generation."Mr Osborne said that Greater Manchester's decision to appoint an elected mayor from 2017 was "the most exciting development in civic leadership for a generation."
A new city deal has also been agreed with the West Yorkshire Combined Authority, he said, at a time when Yorkshire has created more jobs than France.A new city deal has also been agreed with the West Yorkshire Combined Authority, he said, at a time when Yorkshire has created more jobs than France.
A transport strategy for the north was due to be published this week, he added.
'No friend of the north'
Mr Osborne said: "Over the last year, the north grew faster than the south. We are seeing a truly national recovery. And where is employment growing fastest? The North West.Mr Osborne said: "Over the last year, the north grew faster than the south. We are seeing a truly national recovery. And where is employment growing fastest? The North West.
"Where is a job being created every 10 minutes? The Midlands. And which county has created more jobs than the whole of France? The great county of Yorkshire."Where is a job being created every 10 minutes? The Midlands. And which county has created more jobs than the whole of France? The great county of Yorkshire.
"For our ambition for a truly national recovery is not limited to building a northern powerhouse. We back in full the long-term economic plans we have for every region.""For our ambition for a truly national recovery is not limited to building a northern powerhouse. We back in full the long-term economic plans we have for every region."
Mr Osborne also said a transport strategy for the North was due to be published this week. Mr Miliband said the north had suffered under the coalition's rule with cuts to local government budgets and tax credits.
"This government is no friend of the north," he added.
Also announced as part of the budget were plans to invest £11m in creating technology hubs in Manchester, Leeds and Sheffield.
The sites will offer co-working space, meeting spaces and educational resources to entrepreneurs working in the digital sector.
Sheffield's Olympic Legacy Park is also to get £14m from the government for a new physical activity research centre.