Laura Sharman Tuesday, October 17, 2017

Combined authority bids for £200m government investment

The West Yorkshire Combined Authority has bid for more than £200m of government investment in its Autumn Budget submission.

The authority’s ‘ambitious’ bid includes a proposed £100m Leeds City Region Housing Deal, a £50m boost for innovation in the region and a £40m local energy fund to develop low carbon locally generated energy.

The submission also emphasises the importance of a devolution deal for Yorkshire and Leeds City Region, and supports the creation of a UK Shared Prosperity Fund to replace European Union funding after Brexit.

Chair of the West Yorkshire Combined Authority, cllr Susan Hinchcliffe said: ‘Achieving our region’s full potential over the longer term means creating a strong, successful economy that generates new sources of wealth and opportunity for everyone as well as making our full contribution to the UK economy. With an economy that’s already bigger than Wales and 11 EU countries, that potential is huge.

‘However, realising this requires decisions on policy and investment to be made by people who are dedicated to our region and who have the local expertise required, so I hope the Government will match our ambition for the meaningful devolution that will make this possible.’

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