Latest Rail News

06.07.18

NPR station in Bradford could provide £1.5bn economy cash boost

A new railway station in Bradford city centre could boost the local economy by £1.5bn, new research shows.

A report from construction firm Mace Group, led by ex-Treasury member Chris Walker, found that — based on growth experienced in Birmingham following the opening of Birmingham New Street station — a city centre station in the Yorkshire city could add £1.1bn-1.5bn a year to the economy and create over 1,000 local jobs.

Birmingham New Street, the busiest train station outside of London, was used as the report’s case study because West Yorkshire Combined Authority’s (WYCA) GVA per head was deemed to be “very similar” to West Midlands Combined Authority’s (WMCA).

The ‘Bradford Bonus’ report was launched at a workshop yesterday with the City of Bradford Metropolitan District Council, including key transport leaders from Transport for the North, WYCA, and the West and North Yorkshire Chamber of Commerce.

The report said Bradford’s “poor transport links” is holding back the city’s potential for attracting businesses to locate and invest in the local area.

“Nearly a quarter of the city’s population is aged under 16, compared with 18.8% nationally, making Bradford Britain’s youngest city,” Walker noted.

“This all makes for a huge opportunity, however. Better infrastructure could link Bradford’s labour force to the investment and jobs needed to help the city fulfil its economic potential.”

The report went on the add that Braford looks “increasingly likely” to get a new station on the high speed Northern Powerhouse rail line, the network between the north of England’s biggest cities which will also enhance connectivity to the Midlands and London via HS2.

Northern Powerhouse Rail Director Tim Wood will be a keynote speaker at this year’s TransCityRail hosted by Rail Technology Magazine.

Lisa Bowden, head of infrastructure in the north at Mace, commented: “For Bradford, direct connections across the North will mean more investment coming into the city and residents will greatly benefit from the regeneration this will kick-start across the district whilst also supporting the wider economic contributions to the north’s economy. 

“We believe this is a truly once in a generation opportunity to change the city for the better, boosting economic growth, supporting the regeneration in the city and supporting the young and dynamic residents and businesses that call the city home, both now and in the future.”

Cllr Alex Ross-Shaw, executive member for regeneration, planning & transport at City of Bradford Metropolitan District Council said it is “fantastic” to see growing popularity behind Bradford’s campaign for NPR and recognising the major potential it has to transform the city centre and the north as a whole.

Enjoying RTM? Subscribe here to receive our weekly news updates or click here to receive a copy of the magazine!

Comments

There are no comments. Why not be the first?

Add your comment

 

Rail industry Focus

View all News

Comment

The challenge of completing Crossrail

05/07/2019The challenge of completing Crossrail

With a new plan now in place to deliver Crossrail, Hedley Ayres, National Audit Office manager, major projects and programmes, takes a look at ho... more >
Preparing the industry to deliver trains for the future

04/07/2019Preparing the industry to deliver trains for the future

The move to decarbonise the rail network involves shifting to cleaner modes of traction by 2050. David Clarke, technical director at the Railway ... more >

Most Read

'the sleepers' blog

Maximising efficiency requires investment in data, but it’s rewards for rail could be extensive

14/11/2019Maximising efficiency requires investment in data, but it’s rewards for rail could be extensive

Rail Technology Magazine’s Matt Roberts explains the significant role data can play within the future development of the rail industry. Standing as a cornerstone of the UK transport network, the rail industry is forever striving to in... more >
read more blog posts from 'the sleeper' >

Interviews

Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

24/06/2019Andrew Haines, CE of Network Rail, tells BBC News his organisation could issue future rail franchises

Andrew Haines, the Chief Executive of Network Rail, has told the Today programme on Radio 4's BBC’s flagship news programme that he would not rule out his organisation issuing future r... more >
Advancing the rail industry with management degree apprenticeships

08/05/2019Advancing the rail industry with management degree apprenticeships

In answering the pressing questions of how current and future generations of managers can provide solutions to high-profile infrastructure projects across the UK, Pearson Business School, part of... more >