William Eichler 16 August 2016

Brexit could cost Cornwall ‘hundreds of millions’, councillor says

Brexit could cost Cornwall ‘hundreds of millions’, councillor says image

Council warns it could lose out on ‘hundreds of millions of pounds’ in the event of a Brexit, despite Government assurances lost EU funding would be covered.

Cornwall Council has estimated it would lose £350m if the UK left the European Union and has pledged its support to the Local Government Association’s (LGA) campaign for all EU funds to be honoured.

Chancellor Philip Hammond announced at the weekend the Treasury would cover all structural and investment fund projects paid for by the EU on the condition the agreements were reached before the Autumn Statement.

However, the LGA argued Whitehall’s promise ‘falls well short of the full guarantee we are urging the Government to make.’

‘The limited guarantee for some schemes leaves Cornwall hundreds of millions of pounds short of what we were promised we would receive by MPs who backed the Brexit campaign,’ said Julian German, Cornwall’s cabinet member for economy and culture.

‘Major funding streams such as contracts for EU structural funds and European Maritime Fisheries projects beginning after the Autumn Statement have no guarantee of continuation at all. This simply isn’t good enough.’

Cllr German also emphasised the importance of EU funding in the face of Government cuts.

‘With the continuing reduction in our funding from the Government, EU funding, or its replacement, is vital to support economic regeneration, helping individuals to gain new skills and businesses to create well paid jobs,’ he said.

Cornwall, which voted leave in the recent referendum on EU membership, benefits from money redistributed by Brussels. The European economic regeneration programme for the region - the Cornwall and Isles of Scilly Growth Programme - is worth nearly €604m.

Participatory budgeting image

Participatory budgeting

Evgeny Barkov explains what participatory budgeting means and how it can reveal what citizens need.
For your free daily news bulletin
Highways jobs

Principal Flood Risk Officer

Lancashire County Council
We have an exciting opportunity for a Principal Floor Risk Officer Lancashire
Recuriter: Lancashire County Council

Duke of Edinburgh Youth Support Worker

Essex County Council
£14597.0 - £19106.0 per month
Please note this is a part time contract - annualised hours 106 per year. Therefore the actual salary range is from £995.44 up to £1049.79 per annum. England, Essex, Harlow
Recuriter: Essex County Council

Head of Internal Audit

Kent County Council
Up to £97,000 + benefits
We now have an exciting opportunity to strengthen and shape our Audit function, as... Maidstone, Kent
Recuriter: Kent County Council

Director of Children’s Services

St. Helens Metropolitan Borough Council
circa £120,000
This is an exceptional opportunity for someone who wants to make a real difference to the children, young people and families of our Borough. St Helens, Merseyside
Recuriter: St. Helens Metropolitan Borough Council

Assistant Director, Social Care & Public Health Commissioning

Bolton Metropolitan Borough Council
c£71,000 to £89,000 per annum
Reporting to the Director of Strategic Commissioning you will lead Commissioning in the context of a developing Integrated Care System.  Bolton, Greater Manchester
Recuriter: Bolton Metropolitan Borough Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue