Chesterfield is set to benefit from new powers devolved to the Sheffield City Region – and will receive a share of the £900m of additional funds.
Politicians and business leaders have today (Friday) secured an in-principle deal with the Chancellor George Osborne to transfer powers from national Government to the Sheffield City Region.
The deal – part of the government’s northern powerhouse programme – also secures a £900 million additional cash boost over the next 30 years for the region.
The Sheffield City Region is comprised of the following areas: Bolsover, Chesterfield, Derbyshire Dales, Doncaster, North East Derbyshire, Barnsley, Bassetlaw, Rotherham and Sheffield.
The deal which will need to be formally approved by each of the local councils within the Sheffield City Region.
James Newman, chairman of the Sheffield City Region, said: “For too long Whitehall has been in control of major decisions affecting local places on important issues such as transport, skills, regeneration and infrastructure improvements.
“This deal goes some way to redressing this imbalance.... This deal will enable local leaders to accelerate delivery of the jobs and new businesses that our local economy needs to grow. This positions Sheffield City Region at the front of the Northern Powerhouse pack and strengthens our position as a world class centre for modern manufacturing and engineering technology.”
For the latest information about the Sheffield City Region Combined Authority and LEP visit www.sheffieldcityregion.org.uk