The Government’s commitment to North of Tyne devolution is a very positive development for the area – and even better as the Prime Minister and Cabinet were here to deliver the news.
The move will transfer decision making to the area, meaning we can respond to challenges and opportunities appropriately through investment, skills building and management of transport.
And with today’s announcement comes much needed investment in the East Coast Main Line – an important piece of connectivity that underpins economic development in the North East. While the region will miss out on HS2 it’s vital that existing transport routes are strengthened.
It’s encouraging to see funding for the Offshore Renewable Energy Catapult in Blyth. Barton Willmore works closely with renewable energy suppliers and from this we know the sector poses a significant opportunity for the region.
Equally welcome is the announcement of Government support for the North East LEP and Tees Valley LEP to create Local Industrial Strategies – a process Barton Willmore supports.
Following last year’s UK Industrial Strategy, this will help the region to capitalise on opportunities including building on high value jobs in the manufacturing and digital sectors, and in turn this will boost our ability to retain talented graduates.
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