PARLIAMENTARY WRITTEN QUESTION
(25 June 2025)
Question Asked
Asked by:
Sarah Gibson (Liberal Democrat)
Answer
Deeper partnerships with mayors and devolved governments will deliver real change in local communities, ensuring Sector Plan gains across the UK.
As part of this, we will support specific city regions and clusters through a new £600 million Strategic Sites Accelerator, and by investing £160 million in each of the UK's regional Advanced Manufacturing investment zones. This targeted support will have positive spillover effects on surrounding rural and urban communities.
Government has also secured £4 billion from the British Business Bank and £27.8 billion from the National Wealth Fund to support business across the UK access the finance they need to grow.
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