UK News Northern regions battle to host new National Infrastructure Bank

01:15  26 november  2020
01:15  26 november  2020 Source:   dailymail.co.uk

Ali McCann praise despite ‘gutting’ Northern Ireland defeat in Austria

  Ali McCann praise despite ‘gutting’ Northern Ireland defeat in Austria Northern Ireland debutant Ali McCann described Sunday’s Nations League loss to Austria as ‘gutting’.Substitute Josh Magennis fired Northern Ireland into a second-half lead as reward for a spirited performance - but Louis Schaub and Adrian Grbic turned the tables in the closing stages of the 2-1 reverse.

The creation of a National Infrastructure Reinvestment Bank was first proposed by United States Senator Christopher J. Dodd and Senator Chuck Hagel in 2007. However, several other iterations of a National Infrastructure Bank have been proposed and considered and it is likely that implementing

Information on the new national restrictions, including what they mean for working from home and business closures, why they are being introduced and National restrictions from 5 November. Applies to: England (see guidance for Wales, Scotland and Northern Ireland). COVID-19 case numbers are

a man wearing a suit and tie: MailOnline logo © Provided by This Is Money MailOnline logo

The race is on across the north of England as leaders compete for their regions to become the seat of two economic hubs.

Rishi Sunak yesterday unveiled plans to set up a National Infrastructure Bank that will be based in the North.

The move comes on top of the Chancellor's proposal to build a Treasury output in the region.

a man wearing a suit and tie: Chancellor Rishi Sunak yesterday unveiled plans to set up a National Infrastructure Bank that will be based in the north © Provided by This Is Money Chancellor Rishi Sunak yesterday unveiled plans to set up a National Infrastructure Bank that will be based in the north

Northern leaders are now pushing the case for their areas to host the two hubs, with the North East and North West thought to be pushing particularly hard.

Giant US investor to buy struggling Co-operative Bank - reports

  Giant US investor to buy struggling Co-operative Bank - reports The giant American investor which bought £13bn of mortgages from British taxpayers in 2015 is in talks to take control of The Co-operative Bank. © Getty Cerberus is in talks to buy The Co-operative Bank Sky News can exclusively reveal that Cerberus Capital Management is in preliminary talks with the lender's board and shareholders about a deal.Sources said on Tuesday that Cerberus was likely to seek a cut-price deal for The Co-operative Bank, which has lurched from one crisis to another during the last decade.

Discover how Northern Trust delivers financial services and technological expertise for corporations, institutions and private individuals around the world.

Since 1960, Northern Bank has been the banking partner of choice for businesses and consumers in Massachusetts, New England and across the country. Northern Bank is a member of the SUM® Program, so you can avoid ATM surcharges by using participating ATMs. Click below to visit the SUM

The infrastructure bank will fund projects that promise to help the UK reach its 'net zero' carbon targets by 2050 and its 'levelling up' agenda.

The plans were outlined as part of Sunak's wider spending review, which laid out how the Government aims to repair the UK economy in the wake of the Covid crisis.

The bank will be up and running by next spring but Sunak did not say where it would be based or how much money it will have.

Conservative MP Jake Berry, former Northern Powerhouse minister and head of the Northern Research Group of MPs, said: 'There's likely going to be a lot of stiff competition from regions and leaders.

'What's important is that it's being placed in the North, which shows a commitment by this Government to the region and the levelling up agenda – and a move away from Government jobs and departments focused almost entirely on London.

The 50-year story of the Suzuki Jimny

  The 50-year story of the Suzuki Jimny The Suzuki Jimny story starts in 1970. Here, we chart the history of the diminutive Japanese off-roader

The EO further states that this foreign interference in U.S. elections, “constitutes an unusual and extraordinary threat to the national security and foreign policy of the United States.” Why is this relevant to anything we’re seeing right now with the massive election fraud carried out by the Democrats and

— All of Russia's regions are currently experiencing shortages of doctors to fight the coronavirus, Kremlin spokesman Dmitry Peskov said Friday. — Russia’s coronavirus vaccine faces equipment shortages that could delay it from entering mass production, President Vladimir Putin said Thursday

'It is also good news when you consider the recent announcement that 22,000, well-paid civil service jobs will be moving out of London and the South East.'

The Chancellor has also promised to build a Treasury outpost in the North.

Designs for the 'economic campus' are thought to have been submitted for buildings in areas including Darlington and around Teesside, but a final location has not been confirmed. The plans are some of the firmest commitments yet that the Government will shift power out of London.

Andy Preston wearing a suit and tie: Pressing his case: Middlesbrough mayor  Andy Preston © Provided by This Is Money Pressing his case: Middlesbrough mayor  Andy Preston

Ministers have also promised to put £4billion towards a fund, which could back local projects in all regions.

While the competition to attract the bank and Treasury outpost will be fierce among MPs, mayors and councils, the race could also create friction if ministers opt to place them in major cities.

Five countries removed from COVID quarantine list for England, Wales and NI

  Five countries removed from COVID quarantine list for England, Wales and NI Travellers arriving in England, Wales and Northern Ireland from five more countries will soon no longer have to quarantine. Those coming from Israel, Uruguay, Namibia, Rwanda and Sri Lanka will not need to isolate for 14 days upon arrival in the country.The quarantine exemption also applies to Jerusalem in its entirety.Also exempt will be travellers arriving from Bonaire, the US Virgin Islands, Sint Eustatius and Saba in the Caribbean, as well as the Northern Mariana Islands in the Pacific region.

New World Order. Make all nations fascist. The New Home of the Revolution. As Mexico, put Trotsky in power and puppet the Soviet Union. Mi Casa es tu Casa. As Mexico, host a government-in-exile.

Northern Trust Corp. is a financial holding company, which engages in the provision of asset servicing, fund administration, asset management, fiduciary, and banking solutions for corporations, institutions, families, and individuals.

Ben Houchen, Conservative mayor for Tees Valley, which is a major hub for heavy industries, said: 'It's important that the Government takes the bold decision to base the bank outside of a northern city.

'Having officials from the bank based outside one of our metropolitan centres will give them a new mindset and allow them to understand the whole country so much better and the different challenges our towns and villages face – which would not happen if the bank was set up in a city like Newcastle, Leeds or Manchester.'

Andy Preston, the independent mayor of Middlesbrough, said: 'Levelling up is decades overdue so it is fantastic to finally see it being tackled.

'Middlesbrough has suffered more than anywhere from political neglect and incompetence. We deserve to host this new bank.

'The Government should invest in Middlesbrough now and I guarantee them a huge and positive return.'

Under Sunak's plans, an additional £27billion will be spent next year on infrastructure such as roads, cycle paths, railway lines and power stations, in many areas tying in with the green strategy Prime Minister Boris Johnson announced last week.

The push is part of plans to plough £100billion into areas such as schools, hospitals and banks in total next year, and £600billion over the next five years.

The Government, in rebounding from Covid, wants the UK to 'build back better' by improving motorways, laying better internet cables and building more wind farms.

Read more

Six things new report says need to happen after flooding devastated Pontypridd .
The town and the Taff valley were hit hard by Storm Dennis Mick Antoniw, Member of the Senedd for Pontypridd, and MP for Pontypridd Alex Davies-Jones have launched a report which they say is a ‘blueprint for flood recovery’ to help the residents and businesses still struggling nine months after devastating floods hit the Taff valley in February.

usr: 1
This is interesting!