Government departments breakdown Growing Places cash

The government has revealed how it will divide an additional £270m in funding between regional Local Enterprise Partnerships (LEPs).

Greater Manchester will receive some £12 million from the Growing Places Fund; Leeds City Region, £11 million; Hertfordshire £5m; Lancashire, £6 million; while Heart of the South West local enterprise partnership will receive almost £7m. (See the table below for a full list of the allocations).

Communities secretary Eric Pickles said the additional funding would allow LEPs to “unlock sites for infrastructure development that support new homes” and could be used in conjunction with some £150m in Tax Increment Financing (TIF) that councils will be allowed to borrow for projects.

The additional funding comes on top of the original allocations of £460m, and more than half of the new money has come from the Department for Transport.

Transport secretary Justine Greening said: “Transport infrastructure projects are often the key to unlocking jobs and growth potential, where new link roads or junction improvements can be a catalyst for investment in new regeneration sites of homes and businesses that otherwise might not happen.

“Feedback from the first round of our funding is that lots of projects are transport focused which is why I am delighted to provide £150 million from my Department towards the additional £270 million for the Growing Places Fund.”

The Department for Communities and Local Government said further details on a competition for allocating funding for TIF schemes would be announced “in the spring”.

 

Local Enterprise PartnershipNew Growing Places allocationTotal Growing Places funding
North Eastern Local Enterprise Partnership
£ 8,198,503
£25,253,169
Sheffield City Region  
£6,027,853£18,574,935
Stoke and Staffordshire  
£3,721,421£11,462,668
Greater Birmingham and Solihull  £7,283,524
£22,494,722
Hertfordshire £5,246,729
£16,236,239
Cumbria £2,162,498
£6,667,772
Lancashire £6,286,494
£19,378,944
Greater Manchester 
£12,099,215
£37,358,032
Liverpool City Region 
£6,336,851
£19,529,710
Cheshire and Warrington 
£4,257,719
£13,159,667
York and North Yorkshire 
£3,043,369
£9,373,951
Leeds City Region 
£11,739,899
£36,225,183
Humber 
£2,844,599
£8,762,240
Leicester and Leicestershire 
£4,343,040
£13,405,370
Tees Valley 
£2,788,254
£8,587,013
The Marches Enterprise Partnership - Shropshire and Herefordshire 
£2,659,812
£8,190,847
Lincolnshire 
£3,185,269
£9,801,076
Derby, Derbyshire, Nottingham and Nottinghamshire 
£8,538,103
£26,344,104
Black Country 
£4,701,565
£14,488,451
Worcestershire 
£1,791,486
£5,518,972
Coventry and Warwickshire 
£4,144,786
£12,816,184
South East Midlands 
£6,070,478
£18,759,514
Northamptonshire 
£1,915,237
£5,910,558
Buckinghamshire 
£2,029,024
£6,276,294
Greater Cambridge & Greater Peterborough 
£5,214,464
£16,118,213
New Anglia 
£5,912,036
£18,200,892
South East 
£15,983,959
£49,210,053
Coast to Capital 
£7,674,599
£23,699,125
Enterprise M3 
£7,021,240

£21,744,341
Solent 
£5,865,727
£18,110,320
Oxfordshire 
£2,925,449
£9,054,428
Thames Valley Berkshire 
£5,163,226£16,039,518
Gloucestershire 
£2,751,807£8,498,295
West of England 
£5,527,958£17,107,499
Swindon and Wiltshire 
£3,040,261£9,386,900
Dorset 
£3,126,241£9,639,201
Heart of the South West 
£6,978,179£21,488,660
Cornwall and the Isles of Scilly 
£2,072,352£6,365,681
Pan London 
£69,326,773
£110,761,262