County Hall in Preston. Pic: Blog Preston Details have been revealed about how Lancashire will spend the £20m cash boost that comes with the county’s dev
What Prestonians have made of the Friargate South revamp plansDetails have been revealed about how Lancashire will spend the £20m cash boost that comes with the county’s devolution deal.
In line for the same amount is a new “innovation quarter” in Blackburn, which is similarly intended to drive the development of digital, cyber and creative ventures. At the cabinet meeting where the newly-funded projects were revealed, Labour opposition group leader Matthew Tomlinson said the £20m injection was “better than nothing”, but that it should be seen only as “a step on the journey”.
Cabinet agreed that the county council should become the “accountable body” for the £20m funding ahead of the establishment of the new combined county authority which will be set up – likely early in the new year – to oversee Lancashire’s devolved powers. Grant funding agreements will ensure any conditions in the agreement between the MHCLG and the county council are implemented within each project.Lancashire County Council leader Phillippa Williamson said the £20m in funding is “just the first pot of money which will come to Lancashire thanks to the new CCA”.
“This will open up new jobs, technologies and opportunities across the Lancashire economy strengthening our capacity to embrace innovation and drive growth,” County Cllr Williamson added.
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