Securing powers and resources
A journey to greater devolution of powers and resources to the city region
Sheffield City Region has a proud track record of working to secure economic growth. Through our strong public-private partnership we have secured local control over a range of previously national funds and secured some freedoms and flexibility on previously nationally run projects, particularly those focusing on skills and infrastructure to enable us to try and do things differently. The results of this approach are bearing fruit.
We firmly believe that it is only through locally developed solutions that we can genuinely transform our economy into one that drives national economic growth. Much has been achieved to date, yet we are committed to continuing to secure the powers and resources from national government to enable us to go further.
In October 2015, local politicians and business leaders agreed a deal with the Government to transfer national powers and control over funding from national Government to the Sheffield City Region alongside the creation of a new metro-mayor for the city region. This mew Mayor, working with the council leaders from across the city region will benefit from access to a £900 million additional cash boost over the next thirty years to deliver major regeneration, infrastructure and business growth schemes.
It is a deal that marked another step in the journey that the Sheffield City Region has taken over the last five years in securing greater control over its own economic affairs. It enables the City Region to build on some of its world class assets, including the Sheffield and Rotherham based Advanced Manufacturing Innovation District, aligning the new Doncaster based National College for High Speed Rail with the new Institutes of Technology to help meet the wider set of national infrastructure challenges, major town centre improvement plans in Barnsley and the Enterprise Zones across the whole City Region.
The deal covers a range of themes including transport, skills, creating new jobs, inward investment and support to help local businesses export as well as committing to working with Government on new ways to incentivise local growth.
For more information please download the Deal document: SCR-Devolution-Agreement-2015