Medilink YH News - Summer 2015 | Page 4

A VIEW FROM THE SECTOR Westminster looks to the Northern Powerhouse The ‘Northern Powerhouse’ has been a concept floating around in the back of the joint business consciousness for nearly a year. It promises to join the North together to become an industrial and commercial power to rival London, as well as the rest of the world. Before the general election it was just an idea. But now, Chancellor George Osborne has set out his plan to slowly turn it into a reality that promises to create a much larger, stronger and connected business hub in the North. Initial Focus Greater Manchester, has been given £6bn from the £115bn national healthcare budget to run hospitals, GP surgeries and adult care as well as having the power to set budgets for transport, housing, police and healthcare as part of their devolution deal. To be eligible for devolved power cities must have an elected metro mayor, which Manchester will have from 2017. Good news for business Sheffield and Leeds have signed up for their own devolution deals that will give the local authorities and business leaders greater say over how they grow the local economy, and puts them firmly on the Northern Powerhouse map. 04 The Conservative manifesto said they would support science and technology in the Northern Powerhouse by creating new institutions like the Royce Institute for Advanced Materials in Leeds, Liverpool, Sheffield and Manchester. In addition, George Osborne announced an £11m investment to create technology incubators in the healthcare sectors of Sheffield, Leeds and Manchester. Construction on the HS2 train line may not finish until 2033, but the investment signals that the North will not be forgotten. Plus, the newly established Transport for the North (TfN) has set out a ‘TransNorth’ plan which will cut the train travel times between Hull, Manchester, Leeds, Sheffield and other Northern cities to allow cities to work together rather than against one another. Impact on healthcare Cities with a directly elected mayor can control their own healthcare spending with money from the national NHS budget. Manchester was given this opportunity in April 2015, and will be fully in control within the next 12 months. The money will be managed by a new strategic health and social care partnership board, which comprises of representatives from councils, hospitals, Clinical Commissioning Groups and local NHS England management. Inspiration from Germany Europe’s industrial powerhouse of Germany has an enviable model of devolved power, with its federalised model seeing power and legislative responsibility spread across the county. This has supported a range of medium-sized companies which provide a large number of jobs and are extremely productive - they are known as ‘Mittelstand’. A move towards this sort of model in the UK could bring real benefits to Northern SMEs. The eyes of the country will be on the North as the Northern Powerhouse goes from vision to reality. If devolved power brings success, then other cities will follow suit to hopefully result in a thriving economy to rival London. Professor Paul V Hatton School of Clinical Dentistry, University of Sheffield The most obvious benefits for patients are the accelerated development of technologies and their delivery via industry to the NHS and beyond. However, wider benefits could have an even greater impact via investment in an innovation community that includes clinicians, academics, and the whole health technology supply chain. Graeme Hall Managing Director, Brandon Medical Co Ltd The Northern Powerhouse will enable focus on SMEs which most authorities accept are the engine for future growth. A coordinated approach of the Northern Cities rather than competing with each other, will create opportunities for SMEs to grow and for local support to drive the growth faster. Major improvements to infrastructure are needed in the North to improve transport links along the M62 corridor. Investment in infrastructure will provide jobs in the short term but also long term improvements to our efficiency and quality of life. Leeds City Region Northern Powerhouses ‘In Leeds by harnessing local clinical, academic and business strengths, the first truly integrated patient record has been created. This is now being shared across the country through the NHSE tech fund Ripple project, creating value for the NHS and local business.’ Sheffield City Region Northern Powerhouses Medilink will be keeping a close eye on any Northern Powerhouse developments. If you have any questions about how the changes may affect your business, contact Medilink at [email protected] ‘A £4m funding boost secured by the University of Sheffield from the Engineering and Physical Sciences Research Council, has resulted in the building of a engineering test centre in Sheffield which could ultimately position the UK as a world leader in structural dynamics.’ Sheffield City Region Northern Powerhouses ‘Alongside the UK’s premier Advanced Manufacturing and Technology Park, Sheffield will play host to Sheffield Hallam University’s Advanced Wellbeing Research Centre (AWRC) which has received £14m of funding from the Government and secured a £1.5m deal with major partner Toshiba.’ 05