Would you want Liverpool to join a 'northern hub'?

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Bruce Wayne

Bruce Wayne

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Was reading in the Economist this morning about Osborne's speech from this week, in which he spoke about the potential for Liverpool, Manchester, Sheffield and Leeds to work more closely together to create an economic hub in the north to rival London.

Would you be up for that?
 

bluemangroup said:
Things will get so London centric in the future it's difficult to see what else could be done though.
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London is already virtually a separate economy to the rest of the UK

The talk of interest rate rises to calm the housing market is 90% because of the South East and yet we'll take the pain in the North, where we're still behind the market rates pre the 2008 crash
 

Foot Long Hot Dog said:
London is already virtually a separate economy to the rest of the UK

The talk of interest rate rises to calm the housing market is 90% because of the South East and yet we'll take the pain in the North, where we're still behind the market rates pre the 2008 crash
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That is stupid...but the balance has to addressed somehow otherwise....well I dunno. But something bad, probably.
 
Foot Long Hot Dog said:
London is already virtually a separate economy to the rest of the UK

The talk of interest rate rises to calm the housing market is 90% because of the South East and yet we'll take the pain in the North, where we're still behind the market rates pre the 2008 crash
Click to expand...

It sounds like Carney wants to do everything he can not to raise rates to be fair.
 
tonyhorne said:
Don't be such an interventionist, George. If it was such a good thing then surely market forces would have brought it about already?
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From what I can understand it isn't government doing more, just different things. It sounds mostly like it would be divesting power and budgets to local officials, with particular power over things like transport spending.
 

Bruce Wayne said:
From what I can understand it isn't government doing more, just different things. It sounds mostly like it would be divesting power and budgets to local officials, with particular power over things like transport spending.
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Why do I suspect that this is nothing to do with empowering local people? This is another way for George and his old chums to bypass those people in pursuit of their own aims. It is probably a great idea. It will probably do everything they want. It will probably just make things worse for most everyone else.

(apologies for the especially cynical mood today)
 
I think from a businesses perspective, looking to locate in the North, Manchester would probably be number 1 choice, it has a bigger airport with more international flights and better rail, tram and motorway links than the other Northern cities

Liverpool would need major infrastructure investment to be a viable alternative.

That's the kind of thing the government has to instigate, big scale infrastructure investment, to try to move some businesses away from London, to spread the wealth a little and stop the North/south divide from increasing.

However most political parties shy away from this sort of thing because it takes time to implement and costs lots of money and doesn't win votes at the next election.

So they will probably just; take a penny off beer, wine and Whisky in the next budget (& put 3p on fuel!)
 

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