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News Release

Infrastructure announcement including a significant commitment to the North West


​23rd November 2016 - Commenting on today’s Autumn Statement announcement, David Lathwood, lead director - North West at JLL, said:

“I’m sure many in the North West will welcome Philip Hammond coming good on the well-trailed additional funding for infrastructure projects. Megaprojects like HS2, the Sheffield-Manchester tunnel and eventually HS3 will all add extra capacity in the long-term, what has been missing has been a strategy to help solve the here and now – particularly on the road networks.

“Manchester, is among the most congested cities in the UK and despite a fantastic development story that supports much of the North West economically, it still operates with a very compact inner core. We’re keen to see some of this infrastructure investment come to the region to help attract investment and spread the strong residential and commercial markets out to fringe areas.

“Since the northern powerhouse initiative was first announced, regions across the North have collectively called for the Government to create a strategy for better connectivity here. While the current Government has rarely used the northern powerhouse term, it perhaps recognises that, regardless of what it’s called, the north competes with many peers across Europe as a strong economic hub and it deserves an appropriate amount of investment.”