Some of the world’s most recognisable brands have signed up to support the Government’s plan for the Northern Powerhouse, as new figures show the region’s economy is now greater than that of some European nations.
New Balance, Hitachi, Playdale and Techbuyer have joined the Northern Powerhouse Partners Programme, a Government initiative which brings together businesses and organisations from across the North of England.
This network of partners believes strongly in the economic potential of the North, and supports the need for a combined effort by Government and business to realise that potential.
According to the latest statistics, the Northern Powerhouse is worth over £330bn a year to the UK economy, and since 2014 its exports have steadily increased. The region now supports around 20% of total UK goods exports – worth £60bn in 2017.
Northern Powerhouse Minister, Jake Berry MP, inset, said: “Having these trailblazing exporters join the Northern Powerhouse Partners programme is a real boost to our efforts to fuel enterprise and growth in the North.”