Tees Talk: Treasury North is ‘biggest boost’, say Darlington business leaders

Those with businesses in Darlington react to the big news that 750 government jobs will switch from London to the town as part of the so-called Treasury North.

Nick Waites, principal, CP Waites

As a business owner in Darlington for in excess of 25 years, today’s announcement is without doubt the biggest boost to the town in that time.

I must admit that when the shortlist was announced I was sceptical that they were paying lip service to the Tees Valley, but I was wrong.

Whilst Darlington will be getting the headlines, it is important for everybody to realise that this is a massive boost to the whole of the Tees Valley and the velocity of money will mean that the whole region will undoubtedly benefit and massive congratulations must go to all those who lobbied the Government into making their decision.”

Andrew Craddock, chief executive, Darlington Building Society

After a challenging year for everyone, it is fantastic news for Darlington, the whole of the Tees Valley and the wider North-East that Darlington has been confirmed as the location for a new Treasury North campus.

Bringing additional jobs and spending into the North-East economy sends a powerful message that the government is serious about the levelling up agenda, and Darlington is a perfect location because of its transport links, amenities, housing and nearby countryside. Being much closer to the Treasury should also make it easier for the voice of the North-East to be heard within the government

We are proud to be a financial institution with a history in Darlington that goes back 165 years, we remain embedded in the local community and we passionately recommend the town to the chancellor as an ideal place for these Treasury jobs

Jason Adams, managing director, Rockliffe Hall

Today’s news is a fantastic economic boost for Darlington, and the wider Tees Valley region and really helps to get Darlington’s name out there as a place to meet and do business. There’s no doubt this will bring wealth of opportunities for hospitality businesses, such as Rockliffe Hall, and will really put the Tees Valley on the map for visitors from outside the area.

Raj Singh, chairman, The Prestige Group

This is wonderful news for the town and the area and will hopefully attract and create more jobs in different sectors to go with the 750 government jobs. I know Teesside towns had hoped to attract the Treasury jobs for them to go to their close neighbours is the next best thing. With the freeport too, it’s really encouraging to see the government keeping its promise and doing something for our region. It’s a fantastic start and long may it continue.