City Deal: Hull & Humber
The City Deal for Hull & Humber is part of the second wave of City Deals to get the go-ahead from government.
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The City Deal is expected to unlock £460 million of investment in development along the Humber and support the creation of 4,000 jobs.
It will also see skills programmes specifically developed to ensure the local workforce have the right skills to take advantage of the opportunities in the energy sector. 1,100 unemployed young people will be helped into work and unemployment will be reduced across the region.