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<p>The potential of the Northern Powerhouse is huge. It is a region home to half of
the UK’s largest cities, 1 million businesses, over 15 million people, and has a bigger
economy than Norway, Sweden, Austria or Belgium.</p><p>Delivering on our vision for
the Northern Powerhouse - defined by a vibrant and growing economy, a flourishing
private sector and a highly skilled population able to make the most of the great
opportunities the North has to offer - will benefit the whole of the UK.</p><p>That
is why we announced £400 million for northern transport projects on 2 October 2017,
building on the record investment we are already making to improve transport connections
across the North - more than any Government in history. That is also why we launched
the £400 million Northern Powerhouse Investment Fund earlier this year, supporting
small and medium businesses across the North to start-up, grow, and expand their operations
globally.</p><p>The Northern Powerhouse is a top priority for this Government and
central to our plans to build an economy that works for everyone.</p>
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