Rachel Anderson, assistant director of policy, North East England Chamber of Commerce said: “We welcome the Prime Minister’s acknowledgement that our national economy being unbalanced is a problem that must be addressed. It was also very clear in his speech that he does understand where the difficulties in achieving this lie and the Government must bring forward a long term plan to do that. We have campaigned for many years that the overheating of the South East is not sustainable and that the North can be a key driver of the UK economy, it was positive that his speech recognised this.
“We’ve known about these problems for a long time and it’s urgent that they’re resolved. However, we need details of the actual measures to close the very real gaps in our economy to truly level up the country on key issues for our region which we didn’t get today. Levelling up will take sustained, targeted investment and a change of mindset in finance, infrastructure, education, economic development and culture to really close the gap between regions and that needs leadership within regions but also a clear strategy from Government.”