by markjewell on 10 March, 2013
Deputy Prime Minister, Nick Clegg has recently announced a City Deal with Preston and Lancashire.
The Deal will create 23,000 new jobs, 15,000 new homes and pump £1bn into Lancashire’s economy over the next decade.
Projects include a new link road off the M55 to the Enterprise zone at Warton, and will create the infrastructure to get work underway on thousands of new homes in North West Preston.
City Deals are a key part of the Government’s objectives of rebalancing the economy and boosting private sector growth.
Mr Clegg said, “These deals help cities and their wider areas make once in a generation changes that will be felt by everyone across their region.”
Lancashire County Councillor Mark Jewell added, “Local Liberal Democrats have been making the case for a Western Bypass and supporting infrastructure for the thousands of homes that are to be built along the M55 corridor. Without this, roads such as Lea Road would simply become jammed.
This really is an exciting opportunity for the whole area, creating jobs, building new homes and providing a stronger local economy.