https://www.thelandsite.co.uk/files/articles/f0d74f41675211e98f91024b03131eda/g2_2.jpg 143

Core Northern Powerhouse Rail Projects Set to go Ahead

Posted by Glenigan on 1st December 2022 -

title

The core parts of the government’s Northern Powerhouse Rail project are set to be completed after the government committed to the work being funded in the recent November budget.

The elements of the NPR scheme that are to be delivered are understood to be in the government’s Integrated Rail Plan, with estimates on the funding varying from £17.2 billion up to £23 billion (Project ID: 14234320).

Glenigan’s economics director Allan Wilén comments: “This should provide a boost in infrastructure as a priority area of UK growth. This will lift construction activity, supporting job creation and underpinning economic growth.”

Continue to read this article from Glenigan

 

Discover more real estate services and property listings

Read more articles in TLS Insights - The magazine for property developers, landlords and investors

November Issue


Ian Bellamy

Glenigan is the trusted provider of construction project sales leads, industry data, analysis, forecasting and company intelligence. Glenigan combines comprehensive data gathering and exhaustive research with detailed statistical modeling and expert analysis .

Link to Glenigan business profile

27th March 2025
Construction Opportunities Surge with London Office Towers
The City of London’s booming office tower market is generating substantial construction contracts in the coming year
Read more
10th March 2025
Brighter Outlook for Solar Energy Work as Planners Approve New Projects
An increasingly favourable planning approach towards new solar energy schemes as part of the renewables mix is creating a valuable source of new construction work.
Read more
4th March 2025
UK Universities Turn to Summer Rentals Amid Financial Struggles
New Freedom of Information data reveals that UK universities have generated nearly £100 million from renting out student accommodation as short stays...
Read more