Power hour: Northern lights


What state is the local economy in? Has it fared well?

▶ Peter: I don’t want to be complacent but there are reasons to be cautiously optimistic as we have seen evidence of public and private funding in the North East. Last year, from a public sector perspective, I think that 30% of the regional growth fund awards made by the government went to companies in the North East. We are seeing the benefits of that.

▶ Chris: The manufacturing sector stands to do quite well – I spoke to a client last week