Conservative and Brexit voters in the north of England should be repaid with a “Northern Big Bang” built round private investment, a think tank has said.
The report, A Northern Big Bang, which is due to be published today, notes how London and the southeast have dominated investment and attention over recent years.
The northern economy is three quarters the size of England’s average, measured by gross value added per capita, and has some of the least productive areas in Europe. The pandemic has only widened the gap, with evidence suggesting that the effects of Covid-19 are causing more damage to local economies in areas already struggling.
The report, written by Jake Berry, chairman of the Northern Research Group of MPs, and Nick