IoD press release Northern Powerhouse Rail a significant step toward addressing underinvestment in infrastructure
Responding to the UK Government’s announcement on the development of Northern Powerhouse Rail, Anna Leach, Chief Economist at the Institute of Directors, said:
“The Institute of Directors welcomes the Government’s commitment to Northern Powerhouse Rail and the broader Northern Growth Strategy. Improved connectivity between key city regions is essential to unlocking productivity, attracting investment and creating opportunities for businesses and communities across the North.
“This commitment signals a turning point after years of stalled progress. We urge the Government to maintain momentum, ensure timely delivery and work closely with business leaders to maximise the economic benefits of this transformative project.
“Enhanced links will not only improve journeys but also strengthen supply chains, open new markets and accelerate the transition to a more productive, competitive economy. The IoD stands ready to work with government and local leaders to ensure this investment drives lasting benefits for businesses and communities alike.”