MP, Chris Grayling has revealed the construction plans for the preferred high-speed rail route in the North West, West Midlands and Yorkshire. ITV said that the Phase 2 route will serve Stafford, Liverpool, Preston, Warrington, Wigan, Carlisle, Glasgow, York, Darlington, Durham, Newcastle, and Edinburgh, linking these northern parts of the country with the capital.
This could be a fantastic boost for the future economy as the high speed rail attempts to increase business collaboration, partnership and movement across the UK. The current time it takes to get from Liverpool to London on the fastest train is two hours and 14 minutes; this will now be cut down to 93 minutes.
According to independent figures commissioned by the Liverpool City Region Combined Authority believes that connecting Liverpool to the north-south and east-west rail infrastructure could create a £15 billion boost to the Liverpool City Region economy, 20,000 new jobs, 10,000 new homes and 2.9 million visitors a year.
The Linking Liverpool campaign believes that the Liverpool City Region should have a high speed rail to heal the ‘north-south divide’ and act as an engine for re-balancing the UK economy and ensuring Liverpool is a key network and ‘Powerhouse’ for business in the north.
At 54 St James Street, we are home to a number of businesses and also offer meeting rooms and conference space. Therefore we strongly support anything that contributes to the growth of Liverpool’s economy and authority as a ‘Powerhouse’ whilst also promotes local businesses to flourish and operate with free-movement on a national platform.
We hope that by nurturing the future economy, we will continue to welcome business leaders from afar to our city of Liverpool and through the 54 doors.