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Next Steps on Cambridge
26 March 2024
Type
Written Ministerial Statement
Department
Department for Levelling Up, Housing and Communities
At a Glance
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.
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Assessment & feedback
Summary accuracy