"Transport connectivity essential to our economic success”
Thursday 30th June 2016
Leaders of the Linking Liverpool campaign to bring high speed rail to the Liverpool City Region have welcomed the publication today of the Northern Powerhouse Independent Economic Review.
Commissioned by Transport for the North, the report identifies the potential for 850,000 new jobs and a £97 billion boost to the North of England Economy by 2050 through a successful Northern Powerhouse - representing a 15% increase in productivity (GVA).
Leading figure in Linking Liverpool, Robert Hough, Chair of the Liverpool City Region Local Enterprise Partnership said:
“This landmark report rightly recognises that investment in transport connectivity and capacity is essential to underpin the future economic success of the North of England.
“It builds upon economic forecasting work previously commissioned by Linking Liverpool that shows investing in high speed rail connectivity for Liverpool, north south and east west, will bring benefits to the Liverpool City Region in the form of a boost to the local economy of at least £10 billion and thousands of jobs, homes and increased numbers of visitors.”
“Coming on the same day as Liverpool City Region launches its new Single Growth Strategy, we can see clearly the opportunity for the future and the key role of our region in the whole Northern Powerhouse."
Cllr Liam Robinson, Chair of Merseytravel said:
“It is essential that decisions about high speed rail and other transport connectivity are taken on the basis of firm evidence. It is clear that transport connectivity is fundamental to driving economic growth for our region and we continue to pursue, through our Linking Liverpool campaign, and partners, both the economic and technical case for Liverpool to be fully connected through new rail lines between Liverpool and Manchester which connect directly to the planned HS2 network. High speed rail connectivity for Liverpool will benefit our City Region and the whole of the north.”