City Deals
City Deals give local areas specific powers and freedoms to help the region support economic growth, create jobs or invest in local projects.
A City Deal is an agreement between government and a city. It gives the city and its surrounding area certain powers and freedom to:
- take charge and responsibility of decisions that affect their area
- do what they think is best to help businesses grow
- create economic growth
- decide how public money should be spent
Wave 1
The government has concluded deals with Greater Birmingham and Solihull, Bristol and the West of England, Greater Manchester, Leeds City Region, Liverpool City Region, Nottingham, Newcastle and Sheffield City Region. The deals present an impressive picture of devolved powers and new and innovative ways of doing things that will unlock growth and deliver jobs.
The core cities have estimated that the first wave of deals will create 175,000 jobs over the next 20 years and 37,000 new apprenticeships.