Newspaper article The Journal (Newcastle, England)

The North East Has Made Great Progress over the Last Five Years, but There's More to Do; GEORGE OSBORNE Writes for the Journal Following His Autumn Statement Announcement Yesterday

Newspaper article The Journal (Newcastle, England)

The North East Has Made Great Progress over the Last Five Years, but There's More to Do; GEORGE OSBORNE Writes for the Journal Following His Autumn Statement Announcement Yesterday

Article excerpt

WE promised people of the North East that we'd put security first.

So this week, I set out a Spending Review with both economic security and national security at its heart.

It's a plan for the next five years showing how we will take difficult decisions so that the country lives within its means and brings its debts down, while making sure we deliver opportunity for all.

We'll protect and invest in the things that matter most to you: the security of strong police and defence budgets, new help to buy your own home, healthcare your family can rely on, good schools for your chil-dren and a higher state pension giving you security in retirement. As an MP representing the North of England, I have placed building the Northern Powerhouse at the very heart of my plans to rebalance the economy. We are already seeing the rewards.

Over the last Parliament employment in the North East rose by 45,000 and businesses grew by 11,800. This week I announced how we would spend PS150bn on health, PS45bn on schools and PS13bn on transport across the Northern Powerhouse over the next five years, and how we will give more spending power to local councils.

But there is more to do. The first step is about going further than ever to rebalance the relationship between central and local Gov-ernment. We will end councils' dependency on Whitehall by giving them unprecedented control over their own money, enabling them to drive the growth of business in their area - and reap the rewards that come when they do so.

With the radical devolution deals they have signed, the civic leaders of both the North East and Tees Valley have signed up to our plans to take control of powers and budgets from London to the regions, with those deals together giving PS1.35bn of additional funding for the whole of the region.

Devolution will bring real change to your everyday lives - whether it's how you travel to work, getting the skills you need for a great career, or the opportunity to bring jobs to your area. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.