Article 1FP3M George Osborne misses the point over his northern powerhouse

George Osborne misses the point over his northern powerhouse

by
Larry Elliott
from Economics | The Guardian on (#1FP3M)
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Comparisons with German and Dutch regions where productivity is already high do not stand up to scrutiny

The idea behind George Osborne's northern powerhouse is a simple one. Improving transport links between the big cities of the north will create economies of scale and greater dynamism. Britain, it is said, can learn lessons from the Rhine-Ruhr region of Germany and the Randstad region of the Netherlands, both of which have a number of cities clustered together. The chancellor has pledged Treasury support for a number of key infrastructure projects, including high-speed rail links.

Related: Osborne's budget builds on 'northern powerhouse' ambitions

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