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Chancellor backs North with £1.7bn boost for stalled city-centre projects in Newcastle and Gateshead

The fund aims to unlock delayed housing, office, and transport projects while leveraging private investment and supporting relocation of thousands of civil service roles northwards.

The Chancellor is set to unveil up to £1.7bn of investment across the North today, with funding aimed at unlocking delayed city-centre developments and driving regeneration in key urban areas, including Newcastle and Gateshead.

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GOV.UK broke the news in United Kingdom on Tuesday, March 17, 2026.
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