Posted on July 8, 2016
Category: News Tags: , , , ,

“We are committed to improving the economic success of the Humber and hence the UK, and will lead in ensuring that government are aware of the issues concerning the Humber and Humber businesses.  We will be working with our partners over the coming weeks and months to understand the issues and using our links with Government to ensure these are fed in and are taken account of in the decisions they make.  We want to hear feedback on problems, and indeed opportunities, as they arise.

The Humber is strategically important and open for business, and we are continuing to invest the funding we have secured from the Government to support the local economy.  Our Growth Hub is there to provide advice and support.  We need to be prepared for the challenges that many people expect to occur, but it is far too early to say what the eventual impact on the shape of the Humber economy and our future plans will be.  The Humber economy has many close ties with EU countries so it is essential that our area’s needs are taken into account in the discussions on Brexit and the UK’s future relationship with the EU.

“There is £80m EU structural funding allocated to the Humber, and an immediate priority is making sure that projects depending on this are not held up by the referendum decision and that Government continues to spend EU money in our area over the coming months and years.  We are seeking urgent reassurance on this from Government.  Longer term, we will of course be making a very strong and compelling case that these funds should be replaced with similar funding allocated specifically to our region.

“At our recent business summit there was widespread real appetite for the Humber to speak with ‘one voice’ and outline the role the region can play in the Northern Powerhouse. We will continue to act and ramp up activity on that together with businesses, partners and our Northern neighbours, and continue to build on the momentum behind the Humber’s position as the UK’s energy estuary.”