Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

Govt announces £1.4bn levelling-up devolution deal for north east including new mayor

by
December 28, 2022
in Investing
0
Govt announces £1.4bn levelling-up devolution deal for north east including new mayor
0
SHARES
10
VIEWS
Share on FacebookShare on Twitter

The North East of England could become the latest region to have a directly elected mayor, as the Government announced a new £1.4 billion devolution deal for the region.

Hailed as a “significant step” by local politicians, Levelling Up Secretary Michael Gove said a new devolution deal would bring fresh powers over skills, transport and housing to people across Northumberland, Newcastle, Sunderland and elsewhere.

The devolution plan would see the introduction of a new directly elected mayor, with proposals for elections to take place in May 2024 following a consultation process.

This latest devolution deal to be agreed by the Government would deliver a promised £1.4 billion over the next 30 years, with fresh powers over the adult education budget and a greater say over the local skills improvement plan.

The region has also been promised £17.4 million to support the building of new homes on brownfield land, as well as £20 million for regeneration projects.

Mr Gove said: “I’m proud to have agreed a historic new devolution deal with the North East that gives local leaders more power, more money, and an even greater say on how their areas are run.

“Devolution is all about letting leaders who live and breathe the region decide what is in their best interests, for their people and for their businesses.

“A new mayor will ensure local priorities in the North East are at the heart of decision-making, while our billion-pound funding boost will provide the financial certainty needed to level up the area right now and for years to come.”

“This would allow us to make decisions that reflect local needs and invest wisely into projects that will make a difference for all our residents, communities and local economy.

“There remains a process for all councils and combined authorities to consider the details and a public consultation before a final decision is made.

“We are pleased that we have successfully negotiated a proposed deal which is a step towards reaching our ambition for this region. This is an important milestone in our journey and we will now engage with stakeholders to move the deal to the next stage.”

Lucy Winskell, chair of the North East Local Enterprise Partnership, said: “The development heralds new funding and decision-making powers that will unlock the creation of more and better jobs, allow us to seize new opportunities, address issues that are holding us back and critically, to compete where we have strengths on a national, sectoral and global stage, and most importantly to do this in partnership.”

But Alex Norris MP, the Labour shadow levelling up minister, accused the Government of lacking ambition.

“Many people in the North East will welcome some further say and control in their area. But it appears that ministers have already rowed back on the original promise of £3 billion in new funding as part of the deal for the North East.

“The huge potential of Britain is being held back by this Tory Government’s lack of ambition for the country, cherry-picking the places for devolution deals, short-changing communities on past promises and holding back the real powers and investment at the centre.

“Labour will deliver the biggest ever transfer of power out from Westminster. Our plans will bring back good jobs, get the economy growing and give people real powers over the future for their communities in all parts of the country, not just some.”

Read more:
Govt announces £1.4bn levelling-up devolution deal for north east including new mayor

Previous Post

Ministers’ efforts to claw back cash from PPE fraud branded ‘pitiful’

Next Post

Sunak should lower national insurance in 2023

Next Post
Sunak should lower national insurance in 2023

Sunak should lower national insurance in 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

Microsoft Planner vs Trello: Which Project Management Tool is Better?

May 24, 2023
Nicole Kidman Joins Paycom Webinar and Podcast to Talk Leadership, Tech and Work-Life Balance 

Nicole Kidman Joins Paycom Webinar and Podcast to Talk Leadership, Tech and Work-Life Balance 

January 31, 2025

An update on the National Nature Assessment

April 23, 2025
Business owners warn HMRC’s new ‘bounty’ tax reward scheme risks unleashing malicious claims

Business owners warn HMRC’s new ‘bounty’ tax reward scheme risks unleashing malicious claims

0

0

0

0
Business owners warn HMRC’s new ‘bounty’ tax reward scheme risks unleashing malicious claims

Business owners warn HMRC’s new ‘bounty’ tax reward scheme risks unleashing malicious claims

December 5, 2025

Degussa reveals how Christmas is the start of building wealth

December 5, 2025

Experience the Cosmic Journey of Sandgrain in Space LPS with Valle Venia and Lara / A Song of Self Creation, Inner Rebirth, and the Quiet Power of Becoming

December 5, 2025

Highlands’ Red Squirrel Population Grows by 25% Thanks to Rewilding Charity’s Reintroduction Project

December 5, 2025

Recent News

Business owners warn HMRC’s new ‘bounty’ tax reward scheme risks unleashing malicious claims

Business owners warn HMRC’s new ‘bounty’ tax reward scheme risks unleashing malicious claims

December 5, 2025

Degussa reveals how Christmas is the start of building wealth

December 5, 2025

Experience the Cosmic Journey of Sandgrain in Space LPS with Valle Venia and Lara / A Song of Self Creation, Inner Rebirth, and the Quiet Power of Becoming

December 5, 2025

Highlands’ Red Squirrel Population Grows by 25% Thanks to Rewilding Charity’s Reintroduction Project

December 5, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.