City Deals bid is put on the fast track

Nick Clegg
Nick Clegg
Picture: Isle of Wight Radio/PA Wire

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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.’