House of Commons · Written Ministerial Statement
Delivering ambitious and high-quality sustainable growth in Greater Cambridge
23 October 2025 · Ministry of Housing, Communities and Local Government
Proposed by Matthew Pennycook Lab Greenwich and Woolwich
Summarised by AI from the official record, so it can contain mistakes.
At a glance
Key points
- UK government to consult on establishing a development corporation for Greater Cambridge
- Up to 400 million in funding proposed for the project
- Consultation will involve local leaders and residents to shape the initiative
Issue summary
The statement addresses steps taken by the UK government to promote sustainable growth in Greater Cambridge as part of a broader plan for the Oxford-Cambridge region.
Action requested
The minister announces that the government will consult on establishing a centrally-led development corporation to deliver significant growth in Greater Cambridge, with up to £400 million in funding. The consultation process will involve local leaders and residents to shape the precise form of the delivery vehicle.
Key facts
- Peter Freeman was appointed as Chair of the Cambridge Growth Company (CGC) in October 2024.
- The CGC has facilitated the delivery of over 9,000 additional homes, a new cancer hospital, and new commercial and laboratory space.
- Up to £400 million of initial funding is being made available for infrastructure, housing supply, water-saving measures, business and laboratory space in Greater Cambridge.