Home | LATEST NEWS | Cross-party group of MPs call for £100 billion transport investment in the North
Cross-party group of MPs call for £100 billion transport investment in the North
Cross-party group of MPs call for £100 billion transport investment in the North

Cross-party group of MPs call for £100 billion transport investment in the North

A cross-party group of MPs has called for the Chancellor of the Exchequer to increase spending on strategic transport infrastructure in the North to £100 billion by 2050.

A mixture of MPs and Peers have called for a significant increase in investment so that rail links are improved and “reverse decades of underinvestment.”

Recent studies have illustrated the issue of spending on transport in the North, with a recent fall of 3.6% recorded by IPPR North, in comparison to a rise of 11.4% in London at the same time.

A Parliamentary Transport Committee has also identified a funding gap between London and the rest of the UK and if the Northern Powerhouse is to succeed, the cross-party group of MPs and Peers believe change is needed.

As well as the increase in investment on transport infrastructure spending, the letter has called on the Chancellor to bring forward the delivery date for Northern Powerhouse Rail to 2032, to coincide with the proposed arrival of HS2.

The letter says “taking these realistic and achievable steps would provide a considerable boost to the North of England and the UK as a whole, and would reassure our constituents that dramatic improvements to the network are being committed to and the North is taking control of its own destiny.”

The cross-party group of MPs believe that the delivery of Northern Powerhouse Rail “has the potential to increase capacity and reduce journey times but also to greatly enhance transport links that deliver transformational economic growth for our towns and cities.”

The letter gives examples of how thousands of jobs would be created by connecting Bradford through Northern Powerhouse Rail, and say that replicating this through the likes of Sunderland to Leeds, Sheffield to Manchester “and all those in between, will be a game-changer.”

As such, the cross-party groups want the Autumn Budget to be used to to commit the necessary funds.

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