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Unlocking Liverpool: The Deal announced!

Unlocking Liverpool: The Deal!

On 8 December 2011 the Government launched ‘Unlocking Growth in Cities’, which set out the terms for a programme of city deals

The Government has now considered the proposals brought forward by Liverpool for a ‘City Deal’ in response to this challenge. The Government recognises it represents an ambitious economic package aimed at driving growth in Liverpool, and that it is an important part of the City’s response to Lord Heseltine and Sir Terry Leahy’s “Rebalancing Britain” report on the Liverpool economy.

The Rt Hon Greg Clark MP has informed the House that the Government has approved the following proposals from Liverpool as a ‘City Deal’:

  • Subject to HM Treasury clearance of a business case and agreement with the Local Enterprise Partnership, the Government will designate a new Enterprise Zone covering the City Fringe Buffer Zone and Central Business District.
  • The creation of what Liverpool propose to term a Mayoral Investment Board that will oversee the city’s economic and housing strategy as well as oversight of the development of Home and Communities Agency’s land assets and other economic development priorities including those linked to the Enterprise and proposed Mayoral Development Zones.
  • The Department for Work and Pensions will work with Liverpool to develop welfare pilots to deliver a localised programme of support for people leaving the Work Programme and in particular include a ‘youth contract’ pathfinder.
  • A Secondary School Investment Plan funded by the Council for up to twelve new build secondary schools, including at least six new academies.
  • The Department for Communities and Local Government will contribute £75 million over the remaining years of the spending review period, subject to a strong, robust business case, to be cleared by HM Treasury, demonstrating clear value for money.
  • The Government set out in ‘Unlocking Growth in Cities’, that where cities want to take on significant new powers and funding streams, they will need to demonstrate strong, accountable leadership, an ambitious agenda for the economic future of their area, effective decision-making structures, and private sector involvement and leadership. The Government can confirm that a move towards a directly elected mayor and the creation of a Mayoral Development Corporation would satisfy its requirements as regards governance arrangements to strengthen leadership and accountability in Liverpool City Council.

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