Jessica Luper 24 September 2015

Osborne opens £24bn 'Northern Pitchbook' in China

Osborne opens £24bn Northern Pitchbook in China image

Chancellor George Osborne has showcased a selection of £24bn worth of investment opportunities in the North of England with senior Chinese investors, joined by council representatives from all over the North of England.

Britain’s Northern leaders believe a new wave of Chinese investment could revolutionise Northern infrastructure; a point proven by the Chancellor as he spoke in the city of Chengdu, boasting of ample opportunities for Chinese investment into the Northern Powerhouse.

These include the Atlantic Gateway – a series of projects connecting the Port of Liverpool to the City of Manchester; Sheffield Retail Quarter and the South Bank, Leeds, a regeneration scheme covering more than 130 hectares in the city centre.

The chancellor also announced he is commissioning a new government report looking at existing links between UK and Chinese cities to help us better understand how we can attract more trade with China, and a commitment to reinvigorate partnerships between Northern and Chinese cities, including Sheffield’s Sister City agreement with Chengdu, which has fostered significant business, civic and cultural links since 2010.

Mr Osborne said: 'As we continue to work more closely with China, we have an unprecedented opportunity to secure significant investment into some of our most ambitious projects across our Northern Powerhouse.

'From Liverpool to Newcastle, we are opening up our doors to investment that will not only help us to grow and create jobs, but will allow us to build infrastructure to rival any region in the world.

'The North of England is already a magnet for foreign investment into the country and we’ve seen with announcements from Nissan and Hitachi into the North East recently highlighting how perfectly poised our Northern Powerhouse is to attract the eye of global companies.'

Sharpening the commercial edge image

Sharpening the commercial edge

The case for well-managed council commercial activity is one that needs to be defended if we want a mature and sustainable local state, argues Jonathan Werran.
SIGN UP
For your free daily news bulletin
Highways jobs

Information Governance Lead

Greater Manchester Combined Authority
£41,881 - £45,859
We are recruiting for Information Governance professionals who will be ambassadors of information governance excellence within... Greater Manchester
Recuriter: Greater Manchester Combined Authority

Security Analyst

Essex County Council
Up to £45597 per annum
Security Analyst Permanent, Full Time £41,000 to £45,597 per annum Location
Recuriter: Essex County Council

Regulatory Compliance Lead - Complaints and Compliance

Essex County Council
£34501 - £36501 per annum
Regulatory Compliance Lead - Complaints and Compliance Permanent, Full Time £32,900 to £36,501 per annum Location
Recuriter: Essex County Council

Social Worker - Recruitment Day

Essex County Council
£32065 - £43839 per annum
***When applying for this role, please note that interviews will be held as part of a Virtual Recruitment Day on the 13th July 2021*** About the Role England, Essex, Harlow
Recuriter: Essex County Council

Quantity Surveyor Procurement (Major Works and Refurbishment)

Brent Council
£46,839 - £49,827 p.a. inc.
An exciting opportunity to provide quantity surveying services and support for the Council’s Housing major works refurbishment projects. Brent, London (Greater)
Recuriter: Brent Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue