House of Commons · Written Ministerial Statement
Next Steps on Cambridge
26 March 2024 · Department for Levelling Up, Housing and Communities
Proposed by Michael Gove Con Surrey Heath
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- The government is committing long-term funding for a future development corporation to support Greater Cambridge.
- Immediate investments for transport and water sustainability are planned to aid the region's development.
- A Growth Company will be established, guided by an Advisory Council of local partners, to support these initiatives.
Issue summary
The statement outlines the next steps in supporting the development of Greater Cambridge as a key intellectual and economic hub.
Action requested
The government is committing long-term funding for a future development corporation and immediate investments for transport and water sustainability. A Growth Company will be established to support these initiatives, guided by an Advisory Council of local partners.
Key facts
- £7.2 million investment for locally led transport schemes.
- £3 million to support Cambridge University NHS Trust.
- Unique offsetting intervention to improve water efficiency and support sustainable growth.
- Peter Freeman leading the Government’s Cambridge Delivery Group.
- Establishment of a dedicated Growth Company for Cambridge.
- Advisory Council involving local authority leaders and representatives from academic, innovation, and infrastructure sectors.
▸
Assessment & feedback
Summary accuracy