Devolution – what it could mean for business

The Greater Cambridge Greater Peterborough LEP and Opportunity Peterborough would like to invite you to attend a free breakfast event at the Eco Innovation Centre in Peterborough on 9th August to find out more about what the proposed Devolution Deal means for business and have your say on the proposals.

The Cambridgeshire and Peterborough Devolution Deal includes:

  • £20 million per annum for 30 years to fund local infrastructure improvements, such as roads and railways
  • £100 million housing fund to invest over the next five years to build more new homes
  • Transferring other powers and funding that currently sit with Government down to the Combined Authority, in areas such as public transport, apprenticeships, and helping people to get back into work
  • A Combined Authority for Cambridgeshire and Peterborough with a locally elected Mayor

Government has asked us to gather your views on the proposals, which are the result of many months of hard negotiating by the local authorities and LEP.

At the event, Neil Darwin, Chief Executive of the Greater Cambridge Greater Peterborough LEP, will share an insight into the detail of the Devolution Deal, before opening up the floor to feedback and questions.

This is your chance to help shape and push forward plans that will change the way we fund vital improvements to our local area, helping us to create the right conditions for business growth.

You can find out more about the Cambridgeshire and Peterborough Devolution proposals, and share your views via an online survey, here: http://www.smartsurvey.co.uk/s/devosurvey/.

The event will be taking place from 7.45am until 9am on 9th August 2016. Book your free place here.

Devolution