Cornwall devolution deal (Kevambos Digresennans Kernow)
Proposed agreement for a devolution deal between the government and Cornwall Council.
Applies to England
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This historic deal marks a new devolution agreement between the government and Cornwall Council. The devolution deal transfers new powers and a £360 million investment fund over 30 years to Cornwall Council, to deliver on the region’s priorities.
The deal is subject to local consultation, and a council resolution to change the governance model to the directly elected mayor and cabinet executive governance model. The transfer of new functions will require secondary legislation, requiring local consent and parliamentary approval. The deal envisages the election of a mayor for Cornwall in May 2024.
This deal builds on the previous 2015 devolution deal for Cornwall and is the next step to deepening devolution for the region. The deal unlocks the benefits of devolution for the ~570,000 people living in Cornwall. In addition to the £360 million investment fund over 30 years, the deal includes £8.7 million to support the building of new homes on brownfield land, and up to £10 million for housing and heritage-led regeneration.