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.
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7 Articles
Chancellor backs North with £1.7bn boost for stalled city-centre projects in Newcastle and Gateshead
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.
North to receive £1.7bn for city-centre projects
The Chancellor is aiming to back the North with up to £1.7bn of new investment, to give Mayors the cash and tools to bulldoze through roadblocks holding up city-centre projects and large‑scale regeneration schemes – from housing and offices to transport-linked developments that will create jobs and unlock growth.
Northern tech sectors to receive billion-pound boost
The Chancellor has announced a £1.7bn investment package that will go towards scaling the tech and industrial strengths of various cities in northern England. Part of a larger previously announced £2.3bn industrial investment package, the new funding will in part support the digital and technology sectors in cities like Manchester and Liverpool, as well the defence industry in South Yorkshire. Manchester will see hundreds of millions of pounds p…
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