Chancellor George Osborne will today launch his ‘Northern Powerhouse’ with a £34.4M package of transport infrastructure spending for Merseyside.
In a speech later, he will confirm details of the package, which centres on the Atlantic Gateway development corridor between Greater Manchester and Merseyside.
The projects covered by the spending are:
- £10.4M to upgrade the Halton Curve rail line, to improve connectivity between Liverpool, Cheshire, Warrington and North Wales.
- £5.6M to improve access and road safety around Knowsley Industrial Park.
- £4M of improvements to A5300 Knowsley Expressway to improve access to the New Mersey crossing and to Liverpool Airport.
- £14.4M upgrade of the car parking and public transport connections on the Newton-le-Willows rail interchange link to Parkside.
Osborne will also reveal that the University of Liverpool and Liverpool John Moores University have been successful in their bid to create one of four University Enterprise Zones, with £5M match funding from government. This will help fund a £15M facility to house and support new high tech businesses.
The Chancellor said: “Our long term economic plan is about delivering jobs and growth across all parts of Britain. Today I take the next step to build a Northern Powerhouse. I said we would back key infrastructure and science. Today I do that with £35 million in transport upgrades for the Atlantic Gateway and a new University Enterprise Zone in Liverpool.”