Question: To ask the Secretary of State for Communities and Local Government, what economic benefits the Northern Powerhouse policy programme will bring to Bradford.
Answer: James Wharton, Parliamentary Under-Secretary of State (Department for Communities and Local Government) (Northern Powerhouse)
Rebalancing the economy by creating a Northern Powerhouse is part of the Government’s long-term economic plan. The objective is simple, to allow the North to pool its strengths and become greater than the sum of its parts. This includes Bradford which already benefits from a City Deal and a Growth Deal agreed between Leeds City Region and Government. These Deals include:
- The £1 billion West Yorkshire plus Transport Fund;
- Support for One City Park to further the transformation of Bradford city centre;
- Programmes to help more young people into apprenticeships, other jobs and training.
- The Growth Deal will see £627.5 million invested in the region. It will help create up to 10,000 jobs, 2,000 homes and has the potential to generate £640 million in public and private investment.