COMMERCIALISM

BUDGET 2021: £1bn confirmed for town deals

Chancellor Rishi Sunak has confirmed more than £1bn will be made available for a further 45 town deals across England as part of efforts to tackle regional inequality.

Chancellor Rishi Sunak has confirmed more than £1bn will be made available for a further 45 town deals across England as part of efforts to tackle regional inequality.

In today's Budget, Mr Sunak emphasised the importance of ‘levelling up' the country and ‘redrawing our economic map'.

He confirmed that £1bn from the Towns Fund would be invested in 45 deals across England, a large proportion of which would go to the north and Midlands.

The Budget document read: ‘This will help to level up regional towns, giving them the tools to design and implement a growth strategy for their area and aiding local recovery from the impacts of COVID-19.'

Mr Sunak also said that the Government would accelerate investment in three city and growth deals in Scotland (Ayrshire, Argyll and Bute, and Falkirk) and three city and growth deals in Wales (Swansea Bay, North-Wales and Mid-Wales).

COMMERCIALISM

Sector braced for Trump tariff tremors

By Emily Twinch | 08 April 2025

The sector was this week bracing itself for the economic impact of US President Donald Trump slapping 10% tariffs on goods exported from the UK.

COMMERCIALISM

Sowing the seeds of ambition

By Dr Helen Paterson | 08 April 2025

A conversation at The MJ Awards has sparked an idea for exposing young people from Northumberland CC and the City of London to careers in both places, writes...

COMMERCIALISM

Rewriting the Green Book

By Martin Ford | 07 April 2025

With a Government review of the Treasury’s investment Green Book under way, Martin Ford looks at local government’s efforts to secure changes that could prom...

COMMERCIALISM

Spring Statement: An opportunity not taken

By Mike Emmerich | 28 March 2025

Mike Emmerich says the chancellor avoided a chance to use the Spring Statement to change the fiscal mood music, and the Spending Review can’t come soon enough

Popular articles by William Eichler