Over the last few years, the UK Government, sometimes alongside devolved Governments, has signed a number of City and Growth deals to stimulate more evenly distributed economic growth across the country. In the 2018 Autumn Budget the Chancellor of the Exchequer announced £120 million capital for the North Wales Growth deal, and the Welsh Government agreed to match this funding. However, it has not yet been implemented.
The level of funding provided by the UK Government had been criticised for being lower than the original proposal, and the Welsh Government has called for the Government to step up its level of support for the area. The organisation behind the bid have recently submitted a revised proposal calling for an extra £20 million from each government.
The Welsh Affairs Committee is considering how the City Deals agreed for Swansea and Cardiff are currently operating and consider what lessons can be learnt for the growth deal proposals in Mid and North Wales.
Purpose of the session
As part of its inquiry into the current city deals and growth deals proposed for Wales, the Welsh Affairs Committee is holding an evidence session at Bangor University in North Wales. The Committee will hear from the Chair of the North Wales Economic Ambition Board, the Lead Director for the North Wales Growth Bid and the Chair of North Wales Mersey Dee Business Council.
In this session the Committee will examine the proposals for a North Wales growth deal, including the funding arrangements, projects and governance. The Committee will ask the panel about the balance of funding from the UK and Welsh Governments and how the proposed deal might support energy projects in North Wales.
Monday 17 June 2019, Dinorwig Room, Reichel Dorothea Boardroom, Bangor University
- Iwan Trefor Jones, Lead Director, North Wales Growth Bid
- Ashley Rogers, Chair, North Wales Mersey Dee Business Council
- Councillor Dyfrig Siencyn, Chair, North Wales Economic Ambition Board
Image: Mike Peel via Wikimedia Commons