Policy paper

City Deal: Sheffield

The City Deal for Sheffield is part of the first wave of City Deals to get the go-ahead from government.

• From: Cabinet Office and Deputy Prime Minister's Office
• Published: 5 July 2012

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

MADE in Sheffield – a deal for growth

PDF, 1010 KB, 27 pages

Details

The aims of the Sheffield City Region (SCR) Deal include:

• using the Sheffield City Region Investment Framework (SCRIF) to strengthen the region’s self-reliance, providing flexible financial tools to invest in growth, develop infrastructure, create jobs and stimulate inward investment
• transforming the commercial city centre with a £32.8 million New Development Deal, enabling the city to borrow against projected business rates in order to invest in infrastructure now
• setting transport funding for 10 years so the region and the local enterprise partnership can invest confidently in local connectivity priorities, including ensuring reliable access to the new HS2 station
• increase the efficiency of the SCR bus network through devolving funding and commissioning for buses and introducing smart ticketing
• developing a national centre for procurement based around SCR’s Advanced Manufacturing and Nuclear Research Centres

Published 5 July 2012