northernpowerhouse.gov.uk

Lancashire’s economic strengths are a key part of the Northern Powerhouse, a core part of the Government’s economic strategy. Contributing over £29 billion to the Northern Powerhouse, Lancashire is home to over 52,000 businesses employing in excess of 670,000 people.

A key economic sub region within the North West and the wider North of England, Lancashire’s leading national and regional position in relation to Aerospace, Advanced Engineering and Manufacturing, Automotive, Energy and Higher Education Institution excellence make it a pivotal part of the long-term sustainability and expansion of the North’s economy.

By transforming growth across the North of England and establishing the Northern Powerhouse, cities and towns across the North will become better connected to create the equivalent of travelling around a single global city.

This means targeting innovation, skills and supply chain solutions to maintain, grow and attract investment. Lancashire, as a national centre of excellence in Advanced Manufacturing, is maximising its clear competitive strengths and capabilities with internationally renowned companies attracting and supporting strong supply chains. A strong focus on core sector strengths will provide world class development opportunities.

In March 2022, Blackpool Council was awarded £40m by the UK Governmentas part of the Blackpool Town Deal. £7.5m of this funding has been allocated to create a new road at Blackpool Airport Enterprise Zone to open up land and development sites.

Through the creation of new highways, the scheme will support business and jobs growth, opening up 10.5 hectares of previously inaccessible development land.

The funding for Blackpool Airport Enterprise Zone makes up one of seven schemes across the town allocated money by the Town Deal . Blackpool will have until the end of the 2025/26 financial year to spend the money.

For more detail on the Town Deal, how it is governed and the other Blackpool schemes benefitting from the funding, visit the Blackpool Council website