Peel Group backs Powerhouse plan

Doncaster Sheffield Airport
Doncaster Sheffield Airport

The owner of Doncaster Airport - which controls assets of £5bn - has identified 150 projects which could boost the Northern Powerhouse plan.

The privately-owned Peel Group embraces land and property, transport and logistics, retail, leisure and energy, including MediaCityUK in Manchester, the Port of Liverpool and three airports, Doncaster, John Lennon in Liverpool and Durham Tees Valley.

Chairman John Whittaker has written to the Prime Minister and the Chancellor, outlining the Group’s strategy.

He said: “We have a long-term vision for our investments and believe that coupled with the Government’s growth policies and direct investment in infrastructure and skills, our investments can make an important contribution to the aims of the Northern Powerhouse.”

Peel has made investments of more than £5bn in regeneration schemes in the North over the past 25 years, supporting 70,000 jobs, he added. A further £1bn of investment is underway, in partnership with others.

The company has spent £150m on Doncaster Airport, with a further £12m contribution towards the FARRRS link road to the M18, due to open in January.

Now, it has launched a document, ‘Peel in the Northern Powerhouse’, aiming to spark dialogue between business, Government and other Northern partners.

It is also planning to publish an investment prospectus in early 2016, setting out the contribution Peel and its partners can make.

Doncaster Sheffield Airport celebrated its tenth anniversary this year by reporting a return to growth in passenger figures and cargo. Official figures show a 13.8 per cent rise in passengers over the 12 months to July 2015.