Definition of Northern Powerhouse

This is an initiative introduced by the UK government designed to attract investment into northern towns and cities, with the aim of redressing the north-south economic imbalance. [1]

 

Northern Powerhouse in the news

In August 2016, UK prime minister Theresa May kicked off her search for an industrial strategy by pledging to turn the concept of the “Northern Powerhouse” into a nationwide agenda for boosting productivity outside the south-east of the UK.

Her reluctance to endorse the Northern Powerhouse explicitly had led to speculation that she might discard a central part of former Chancellor George Osborne’s legacy. [2]