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New partners for Northern Powerhouse as exports rise
New Balance, Hitachi, Playdale and Techbuyer have joined the Northern Powerhouse Partners Programme, as new figures show the region’s economy is now greater than that of some European nations.
The government initiative, which brings together businesses and organisations from across the North of England, believes strongly in the economic potential of the North. Figures show that the Northern Powerhouse is worth over £330 billion a year to the UK economy, with the region now supporting approximately 20 per cent of total UK goods exports – worth £60 billion in 2017.
Jake Berry, Northern Powerhouse Minister, 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 of England. As we seize the opportunities that come with leaving the European Union, it will be the manufacturers of the Northern Powerhouse that will help us deliver a strong and resilient economy fit for the future.”
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