North of England leaders demands government to commit to GBP 39bn to Northen Budget

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

North of England leaders have demanded the government to commit GBP 39 billion (US$ 47.30 billion) to Northern Powerhouse Rail (NPR) as part of a 'northern budget'. 19 regional leaders including Greater Manchester Mayor and Mayor of the Liverpool City Region demanded the government to deliver on commitments previously promised as part of the Northern Powerhouse agenda.

The leaders have also called for a GBP 7 billion (US$ 8.49 billion) northern infrastructure pipeline, road and rail projects to be delivered by the mid-2020s, and GBP 1 billion (US$ 1.21 billion) for Transport for the North over the next three years for the development of NPR and other road and rail schemes.

List of the country updates

Country updates

  • August 22, 2019

    DWS Completes GBP600mn Vita Student Investment

    DWS and Vita Group today announced the completion of a landmark agreement which sees DWS acquire a portfolio of “Vita Student” assets for around GBP600 million (US$729.71 million), on beha...

    Read more
  • August 21, 2019

    Transport for London (TfL) suspended from signing contract for Silvertown tunnel

    Transport for London (TfL) in UK, contracting authority for the Silvertown tunnel project has been legally suspended from awarding and signing a contract for the project to the Riverlinx consortium du...

    Read more
  • August 21, 2019

    Macquarie Infrastructure and Real Assets finalises acquisition of KCOM Group

    Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 6 (MEIF6), has finalized the acquisition of KCOM Group (KCOM), a provider of essential telecommunications in...

    Read more
  • August 16, 2019

    Actis raises US$1.23 billion in first Long Life Infrastructure Fund

    Actis, a leading growth markets investor, today announced that it has completed fundraising for its first Actis Long Life Infrastructure Fund (ALLIF). The ALLIF fund was raised by Actis’ in-hous...

    Read more
  • August 14, 2019

    Universities Superannuation Scheme (USS) invests GBP100mn in Next Energy Solar Fund

    The investment vehicle owned by Universities Superannuation Scheme (USS) has made an investment in NextEnergy Solar Fund (NESF), an energy fund managed by NextEnergy Capital.  The...

    Read more

Share this update