Huppert welcomes city deal bid to drive growth

30 October, 2012 No Comments

MP Julian Huppert has welcomed the chance for Cambridge to bid for more government funding and radical new powers to boost economic growth. 

Julian has been working hard to make sure the government acknowledges the importance of Cambridge’s economic strengths and its pivotal position in helping to drive forward the UK economy generally. 

And he vowed to continue to do everything in his power to make sure the bid from Cambridge and South Cambridgeshire is successful.

 He said: “This is an excellent opportunity for Cambridge to bring real benefits from increased funding and greater powers to decide how that money is spent. Taxes and business rates paid locally will be spent locally rather than being poured into general Treasury funds. 

“Cambridge has always struggled because of the lack of government funding for major infrastructure. Despite this, the city has proved it is one of the strongest economic centres in the UK; but it could do so much more with the right financial support. 

“Now we have the chance to secure the funding we need to help businesses thrive and grow and generate jobs.” 

Julian’s comments came after Deputy Prime Minister Nick Clegg announced that the city and South Cambridgeshire were being invited to bid for a “city deal” for government funding and new local control. 

“This initiative supports the government’s commitment to localism, diverting control away from central government to the people on the ground who know how Cambridge works and what it needs,” said Julian. “If our bid is successful, it will open up a whole range of new opportunities for our city; the possibilities are endless.”

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