Growth deal

Source: Wikipedia, the free encyclopedia.

Growth deals provide funds from the

Ministry of Housing, Communities and Local Government, Department for Business, Energy and Industrial Strategy, Cabinet Office, and Department for Transport.[1] They are collaboratively funded by local government
.

Regional growth deals in Scotland are administered by the

regional economic boards
.

History

In 2020, a growth deal for North Wales was signed.[3][4][5] They are also active in the Black Country.[6] In March 2021, a £450 million Growth Deal for the

Borderlands was signed; affecting border counties of Cumbria and Northumberland.[7]

List

Area Cost
Argyll and Bute £70 million[8]
Ayrshire[9] £148.5 million[10]
Borderlands[11]
£450 million[12]
Falkirk £90 million[13]
North Wales[14] £240 million[5]
Mid Wales £110 million[15]
Scottish Islands[16]
£335 million[17]

See also

References

  1. ^ "Local Growth Deals". GOV.UK. 9 March 2017. Retrieved 2 January 2021.
  2. ^ "Cities and regions: Regional Growth Deals". Scottish Government. Retrieved 1 January 2021.
  3. ^ Hughes, Owen (17 December 2020). "Fourteen transformation projects could be unlocked as North Wales Growth Deal signed". Business Live. Retrieved 1 January 2021.
  4. ^ George, Allan (28 December 2020). "Morlais marine energy project gets boost from North Wales Growth Deal". North Wales Chronicle. Retrieved 1 January 2021.
  5. ^ a b "£16m boost for North Wales Growth Deal as first tranche of funding is released". Denbighshire Free Press. 18 March 2021. Retrieved 18 March 2021.
  6. ^ "Apply for Growth Deal Funding". Black Country LEP. Retrieved 1 January 2021.
  7. ^ "Boost for Northumberland as multi-million pound Borderlands Inclusive Growth Deal signed". www.berwick-advertiser.co.uk. Retrieved 18 March 2021.
  8. ^ "Rishi Sunak's Argyll and Bute 'growth deal' pledge hailed by Helensburgh MSP". Helensburgh Advertiser. 4 March 2021. Retrieved 18 March 2021.
  9. ^ "Ayrshire Growth Deal website launched". InYourArea.co.uk. 26 February 2021. Retrieved 18 March 2021.
  10. ^ "Chancellor to announce earlier delivery of Growth Deal money". Cumnock Chronicle. March 2021. Retrieved 18 March 2021.
  11. ^ "£450 million Borderlands Growth Deal now underway". GOV.UK. Retrieved 18 March 2021.
  12. ^ "Scotland and England sign first ever Borderlands growth deal". HeraldScotland. 18 March 2021. Retrieved 18 March 2021.
  13. ^ "£90m Growth Deal could lead to faster infrastructure improvements across Falkirk". www.falkirkherald.co.uk. Retrieved 18 March 2021.
  14. ^ Hughes, Owen (18 March 2021). "North Wales Growth Deal work officially starts as first tranche of the £240m fund lands". Business Live. Retrieved 18 March 2021.
  15. ^ "Mid Wales Growth Deal: Jobs boost but warning over progress". BBC News. 13 January 2022. Retrieved 16 January 2022.
  16. ^ Walker, Peter A. (17 March 2021). "Scottish Islands Growth Deal worth £335 million signed". businessInsider. Retrieved 18 March 2021.
  17. ^ "Islands Growth Deal worth £335 million signed". GOV.UK. Retrieved 18 March 2021.