Liverpool City Region and Greater Manchester mayors propose the "Northern Arc," aiming to replicate the Oxford-Cambridge Arc's success. This region encompasses two investment zones with a combined GVA exceeding £150 billion. A new railway connecting Liverpool and Manchester is predicted to add £7 billion to the economy, provide 300,000 new homes, and create tens of thousands of jobs by 2050. The mayors stress the importance of collaboration and integrated planning to unlock the North West's potential as a global economic hub.
A joined-up "Northern Arc" spanning from the River Mersey to the Pennines could drive UK economic growth over the next decade, say Liverpool City Region Mayor Steve Rotheram and Greater Manchester Mayor Andy Burnham.
The Northern Arc already has two investment zones, a population of 5.4 million and produces an annual gross value added (GVA) of £150 billion plus £23.5 billion in exports.
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