(4 years, 9 months ago)
Lords ChamberI agree with much of what the noble Lord said. I am very pleased that we have commenced a grand tour of the north. On Monday we focused on Yorkshire, and here we are on Thursday focusing on Lancashire. The noble Lord has spoken about local communities, and that is exactly what we are aiming to do. We are committed to levelling up the economy across the UK, with a focus on the north. We have made huge strides in rebalancing the economy. Over the past few years, the Government have delivered on one of the most ambitious devolution agendas in more than 70 years. The noble Lord might also like to know that the details locally are coming through. He will know about the redevelopment of the Brierfield Mill, which will see the mill changed into a mixed-use leisure, learning and community destination, to be known as Northlight.
My Lords, on effective communities, will the Government restore a significant proportion of the moneys withdrawn from the support of local government in the past few years, which in Newcastle’s case alone amounts to £330 million a year? I declare my interest as a member of Newcastle City Council.
The noble Lord is right, and that is exactly what we are doing. We have announced the £3.6 billion towns fund, which will support an initial 100 town deals across England. We also have the future high streets fund, for which £1 billion of the towns fund has been made available. We are looking north and directing funding into the areas where it matters, directed by the wishes of local people.