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Powerhouse Progress Hit by Latest Tier Decision

A decisão do governo sobre níveis regionais hoje tornará ainda mais difícil para ela atender às suas ambições na agenda de 'nivelamento'. O enorme suspiro de alívio, à medida que passa do bloqueio para o Nível-2, em relação às implicações de longo prazo para a cidade e a potência do norte, a colocação de Manchester, Lancashire e Leeds no Nível 3 é um revés significativo. Economia. Atualmente, revelado pelo chanceler em sua declaração na quarta -feira, será visto como um gesso e não o grande curativo que é necessário para curar as feridas infligidas a empresas no norte nos últimos sete meses. ”

That is the view of Frank McKenna the chief executive of business lobby group Downtown in Business.

Mr McKenna said:

“Although Liverpool is understandably heaving a huge sigh of relief as it moves from lockdown to Tier-2, in respect of the longer term implications for the city and the Northern Powerhouse, the placing of Manchester, Lancashire and Leeds in Tier-3 is a significant setback.

“The reason the North has come together and collaborated over the past decade is in part a recognition that there is an interdependency between the regional hubs that drive the northern economy.

“The impact of what amounts to continued lockdown for the majority of major economic centres across the Northern Powerhouse will inevitably depress any ambitions we have for this part of the world to be a net contributor to the economic recovery UK Plc needs to see post-pandemic.”

Mr McKenna concluded:

“Certainly, the £4billion ‘levelling up’ fund unveiled by the Chancellor in his statement on Wednesday will be seen as a sticking plaster rather than the bloody big bandage that is required to heal the wounds inflicted to businesses in the north through the past seven months.”

== Downtown in Business