The Northern Way
The Northern Way is an ambitious economic strategy, driven by the three northern Regional Development Agencies and their partners. It aims to improve the economy of the North of England, by building upon and adding value to the substantial impact that the three Regional Economic Strategies and Regional Spatial Strategies will bring.
We will do this by focusing upon specific priorities for the North to make a transformational change to our economy. These priorities are set out in our Growth Strategy, Moving Forward: The Northern Way (2004) detailing how we will bridge the £30bn output gap between the North and the England average over a 25 year period.
We focus upon 10 Investment Priorities and 8 City Regions:
• Key Investment Priorities that could exploit economic activity across all three regions
The Investment Priorities |
- Bringing more people into work |
• Developing a strong evidence base for new investment and specific policies tailored to the North's particular requirements
• Working together differently and collaborating to make the most of the £100 billion public sector investment in the North and the much larger private sector investment
• Influencing local, regional and national decision-makers to ensure their policies, programmes and investment support Northern Way goals
• Working with sub-regional partners to help develop City Region plans that will work across administrative boundaries in the eight major conurbations of the North to exploit the real world geography of the economy
The City Regions |
- Liverpool |
The Northern Way is being funded by our £100 million Growth Fund which was launched in September 2004.
In June 2005 we published our Business Plan setting out how we would use the £100m Growth Fund. The eight City Region partnerships published their City Region Development Plans to show how they would work together to grow their output.
Our first Annual Report , published in August 2006, outlines our early successes, how we have achieved our Year 1 targets and what our plans are going forward.
