The agreement signed in March with the Cardiff Capital Region (CCR) is due to go ahead, despite the current uncertainty surrounding Brexit.
The deal, worth of £1.2 billion, has been questioned since the referendum result, as part of the agreement includes a £106 million fund from the European Union.
However, Alun Cairns, Secretary of State for Wales, has confirmed that the deal still retains the green light after meeting with the leaders of the CCR.
He said: “Following the meeting, I have reaffirmed my support and commitment to the project, and work with all the partners to maximise the positive outcomes of a landmark City Deal. The City Deal, post Brexit, can continue to provide the springboard for Cardiff to emerge as a leading engine of growth in the UK.”
As George Osborne, then Chancellor, said in March, the deal is expected to create up to 25,000 jobs and leverage £4 billion of private sector investment ‘by handing real power to local decision makers that are best placed to ensure the welsh economy is fit for the future’.
Awaab's Law has come into effect today in a bid to ensure safer housing for tenants.
The government has announced new emergency measures to tackle the current housebuilding crisis in London and unlock tens of thousands of homes.
The Chancellor has appointed growth and productivity expert Dr Anna Valero as an Industrial Strategy advisor.
The Chancellor has announced a £500 million investment package to deliver growth in the Oxford to Cambridge Corridor and cement its status as
New data from Ordnance Survey (OS) will be used to support safe walking across Great Britain.
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Join us for the landmark 10th Anniversary of the London Build Expo, the UK’s largest and most influential construction and design show.
Retail Supply Chain & Logistics Expo returns to Excel London across 12-13 November, once again bringing together the world of logistics, supply chain, eCommerce and retail innovation for two dynamic days of opportunity.
Every sport, from grassroots football to world-class tournaments, depends on one constant: high-quality playing surfaces and well-maintained green spaces.
Bauder marked a major milestone in its UK expansion with the official handover of a brand
At Words of World, we specialise in professional translation and interpreting, d
The British Institute of Cleaning Science (BICSc) and the Cleaning & Support Services Association (CSSA) have successfully completed a groundbreaking project aimed at exploring the future of cleaning. This collaboration marks a significant milestone in the cleaning industry, reflecting a shared commitment to embracing innovation with confidence.
The Crown Commercial Service’s (CCS) new framework on Language Services (RM6302), dealing with translation, transcription and interpreting, is live, running from 7th May 2025 to 6th May 2028.
