The Prime Minister's bold move to decentralise power and shift economic decision-making from Whitehall to the regions has taken a significant step forward with the official opening of No10 North in Manchester. This new northern base, operating from Heron House in the city centre, marks a pivotal moment in the Government's strategy to rebalance power and bring local leaders directly into shaping the nation's future. With a clear intent to move away from an exclusively Westminster-centric approach to governance, Prime Minister Andy Burnham has committed to working regularly from No10 North, alongside other ministers.
At the heart of this initiative is the re-established National Economic Council (NEC), set to hold its inaugural meeting at No10 North this Friday. First introduced in 2008 as a response to economic emergency, its revival reflects the Prime Minister's view that current growth challenges demand urgent collective action. This iteration of the NEC will include regional mayors, reinforcing their role in economic decision-making and solidifying the Government's pledge to involve local leaders directly in shaping policy.
As part of this effort, the Prime Minister is engaging with leading Business Representative Organisations to foster collaboration between government and business. Discussions with the Federation of Small Business, CBI, and British Chambers of Commerce will focus on stimulating growth, attracting investment, and creating jobs across the country. The NEC's composition is designed to be flexible, allowing for the inclusion of business leaders, trade unions, and other expert partners as specific issues require.
The launch of No10 North and the revitalised NEC are accompanied by a package of immediate economic measures aimed at providing relief to families and businesses. These include removing VAT from electricity bills, restoring the £2 bus fare cap, and reducing business rates for pubs, clubs, and music venues by 20%. These policies aim to offer 'breathing space' while promoting local economic activity and supporting key sectors.
First Secretary of State Louise Haigh hailed today as a fundamental re-balancing of power, with No10 North established to drive growth in every postcode and empower communities. Chancellor John Healey MP echoed this sentiment, describing it as a new era for devolution and signalling the Government's commitment to passing power from Westminster to local areas.