News: Bristol to get share of £30m funding boost
Transport, housing and regeneration are among the areas set to benefit from a £30m funding boost for the West of England.
The multi-million pound sum has been transferred by central Government for investment in the region as part of a devolution deal designed to put power back into the hands of people and focus on what matters locally.
Residents of Bristol, Bath, North East Somerset and South Gloucestershire are set to go to the polls on May 4, to elect a new all-powerful ‘metro mayor’ who will take charge of decision-making and distribution of funds.
The £30m instalment is the first from a total £900m pot from the Government, due over the next 30 years.
Local growth minister Andrew Percy said: “The people of the West of England came up with an ambitious devolution deal which puts them back in charge of decisions that matter to them.
“This £30m Government investment into the region is proof that we will equip them with the funding they need to get the West of England firing on all cylinders. It will help build an economy that works for everyone.
“With powers over transport, skills and regeneration all coming back into the hands of local people, now is the chance to head to the polls on May 4, and vote for a powerful new mayor to put them into practice.”
The West of England Combined Authority was created on February 9, 2017, following the signing of a devolution deal a year ago. It comprises Bath & North East Somerset, Bristol City and South Gloucestershire councils.
Under the terms of the new deal, money will be allocated to handle transport, planning, housing and regeneration at a local level and to focus on areas, including skills and adult education in the region.
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