Local leaders from the public and private sector have secured a £320 million cash boost for Sheffield City Region, which will create over 28,000 jobs and training for 40,000 people.
This is the fifth most substantial Growth Deal that any City Region has made with Government as Ministers make their announcements for the 39 LEP areas across England.
Deputy Prime Minister Nick Clegg was in Sheffield City Region on Friday (4 July) to confirm the final investment during a visit to a local business, which is already benefiting from investment from the Local Enterprise Partnership (LEP).
The cash boost for Sheffield City Region will go towards supporting over £600 million worth of infrastructure projects, including improvements to Sheffield City Centre, transport links to new housing and employment sites in Dearne Valley and an extended airport link road to Doncaster-Sheffield Airport. The overall package will be a huge boost for the Sheffield City Region LEP, allowing its recently developed seven year economic strategy to become a reality.
For more on this article, see the Sheffield City Region website.