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Theresa May appointed as new Prime Minister

Theresa May has been appointed the new Prime Minister.

Mrs May will make appointing a Brexit cabinet minister a top priority, and has already asked civil servants to find a suitable 'Brexit House'.

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What happens now to the Northern Powerhouse?

James Wharton MP Credit: ITV Tyne Tees

The new Chancellor Phillip Hammond says if Britain is going to prosper 'prosperity can't just be clustered in the southeast of England'.

He did not commit though to the long-term vision or future of the concept.

The future of the current Northern Powerhouse minister James Wharton is unclear after Theresa May became Prime Minister.

Mr. Wharton is also the MP for Stockton South.

Phillip Hammond has been speaking to Nick Ferrari on LBC radio.

Nick Ferrari: How enamoured are you of the Northern Power House initiative?

Philip Hammond: I think that it's been clear and obvious for many years that if Britain is going to be a sustainably prosperous country we have to spread the prosperity across the nation. We can't just have it clustered in the southeast of England, and the investment particularly in transport infrastructure to allow the potential of our northern cities in particular to be realized is a crucial contribution to the overall prosperity of the economy going forward, and I believe that those big transport infrastructure projects are going to be key to Britain's future.

– LBC

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