BUDGET 2020 – REGIONS

Baskar Sundaram
Baskar Sundaram

English Devolution and Regions

  • English Devolution White Paper to be published in the summer
  • Will set out further plans for the UK Shared Prosperity Fund, including at the Comprehensive Spending Review
  • Decisions on the future of the Local Growth Fund will be made at the CSR. Budget confirms up to £387 million in 2021-22 to provide certainty for local areas for existing priority projects
  • Will establish a significant new campus in the north of England focused on economic decision making, which will include teams from HM Treasury, DIT, BEIS and MHCLG
  • £4.2 billion from 2022-23 for five-year funding settlements for eight Mayoral Combined Authorities.  Elected Mayors will put forward plans, but the Government would welcome the opportunity to support schemes such as the renewal of the Sheffield Supertram, the development of a modern, low-carbon metro network for West Yorkshire and tram-train pilots in Greater Manchester. As a first step, will open discussions with Greater Manchester, Liverpool City Region and the West Midlands in the coming months
  • DIT will establish local champions based at key overseas posts to support exporters from the Northern Powerhouse, Midlands Engine, and Western Gateway
  • Launch of Comprehensive Spending Review announced, to conclude in July 2020. The CSR will prioritise amongst other issues the levelling up economic opportunity across all nations and regions of the country by investing in infrastructure, innovation and people, to drive productivity and spread opportunity

 

West Yorkshire

  • Agreed a devolution deal with West Yorkshire to establish a Mayoral Combined Authority with a directly-elected Mayor from May 2021. Will provide £1.1 billion of investment for the area over 30 years, as well as devolving significant new decision-making powers on transport, planning and skills
  • Up to £500,000 to support Bradford in its regeneration and development plans to increase the benefits of potential Northern Powerhouse Rail connections

 

Midlands

  • Devolving over £160 million from the Local Growth Fund to West Midlands Combined Authority to accelerate progress on the Eastside Metro extension and phase one of the Sprint bus rapid transit network
  • £21.3 million for the Birmingham 2022 Commonwealth Games Trade, Tourism, and Investment Programme
  • Investing £20 million to develop the Midlands Rail Hub, progressing plans for a major programme of improvements to rail services between the regions’ cities

 

OxCam Arc

  • Plans to develop, with local partners, a long-term Spatial Framework to support strategic planning in the OxCam Arc, to support the area’s future economic success and the delivery of the new homes required up to 2050 and beyond
  • Will also examine and develop the case for up to four new Development Corporations in the OxCam Arc at Bedford, St Neots/Sandy, Cambourne and Cambridge, which includes plans to explore the case for a New Town at Cambridge

 

West

  • Independent economic review of the Western Gateway, which stretches across Wales and the West of England

 

Roads:  RIS2

  • Will spend over £27 billion between 2020 and 2025 on RIS2. It will take forward schemes such as:
  • dualling the A66 Trans-Pennine and upgrading the A46 Newark bypass, addressing congestion on these key routes in the North East and the Midlands
  • improving the M60 Simister Island in Manchester to tackle delays
  • building the Lower Thames Crossing, which will increase road capacity across the Thames east of London
  • building a new, high-quality dual carriageway and a two-mile tunnel in the South West to speed up journeys on the A303, and to remove traffic from Stonehenge
  • considering how the A1/A19 north of Newcastle and the A1 Doncaster to Darrington in Yorkshire can be improved to speed up journeys and boost economic growth
  • exploring how to connect communities in East Lancashire and West Yorkshire better, and exploring the case for improvements to links between the M4 and the Dorset Coast

 

Transforming Cities Fund

  • Allocates over £1 billion from the Transforming Cities Fund. This will deliver a range of schemes by 2022-23, including a range of schemes listed in the Budget documents.

 

Local road upgrades

  • The Budget announces the second round of successful Major Road Network and Large Local Major schemes proceeding to the next stage of development, listed in the Budget documents.

 

The BSA has arranged discussions with the Chair of the Western Gateway and officials leading on the UK Shared Prosperity Fund.  Please get in touch if you would like details of either.

 

Full Budget documents are here:

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