City Deal for Bournemouth

City Deal for Bournemouth

Bournemouth has been given the opportunity to bid for radical new powers to boost local growth.

As part of the second wave of ‘City Deals’, Bournemouth is being invited to compete for a deal that would see government devolve powers in exchange for responsibility for delivering growth locally.

Minister for Cities Greg Clark, said; “For Britain to prosper we need Bournemouth to prosper.  Every British town and city is unique – in its history, strengths, industries and character.

“City Deals put Bournemouth in the driving seat, it can seize the initiative and show what it needs to prosper and grow, even if it’s new and different.  If it’s in Bournemouth’s interests and the national interest, we’ll strike a deal and make it happen.”

Cities from the successful first wave of deals secured ground breaking powers including the ability to ‘earn back’ tax from the Treasury, devolved transport budgets and control of the skills budget for their city.
Bournemouth and Poole are now working across the economic area to put forward a proposal by 15 January 2013.

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