Updated
Updated · Bloomberg · Jul 22
Burnham Plans Manchester Government Hub, Targeting 1 New Administrative Center Beyond London
Updated
Updated · Bloomberg · Jul 22

Burnham Plans Manchester Government Hub, Targeting 1 New Administrative Center Beyond London

3 articles · Updated · Bloomberg · Jul 22

Summary

  • Manchester is set to become a national administrative center under Prime Minister Andy Burnham’s “No. 10 North” plan, a flagship move in his push to shift power and wealth away from London.
  • Only a small number of civil-service jobs are likely to move directly, but the relocation is expected to reinforce confidence in Manchester’s already fast-rising economy and property market.
  • Homeowners and investors are betting the plan will add another lift to housing prices in one of Britain’s hottest real-estate markets, extending a boom that has made the city an economic bright spot.
  • Burnham’s broader aim is to use Manchester’s model to spur growth in other regions, though the report notes the city’s expansion still faces challenges even as it is held up as a template.

Insights

Will Prime Minister Burnham's 'Manchesterism' fix UK inequality or just create another London?
As Manchester's property prices soar, can the city avoid pricing out its own residents?
Can Burnham's plan for new North Sea oil drilling coexist with his green energy promises?