A BID to get more powers to increase investment in the region’s maritime economy is being fast-tracked through parliament.
Deputy Prime Minister Nick Clegg announced tonight that a combined bid from Portsmouth and Southampton city councils, local borough councils and the Solent Enterprise Partnership, is one of 13 City Deals given a green light.
Portsmouth City Council leader Gerald Vernon-Jackson said: ‘They clearly thought our bid was a good bid and that’s why we’ve been fast-tracked.
‘It should result in more investment in the area, and more freedom to attract funding free from government control.’
Mr Clegg said: ‘Even more places will be free from Whitehall control and have the tools to power their own growth.
‘These deals help cities and their wider areas make once in a generation changes that will be felt by everyone across their region.’