Mayoral Revolving Growth Fund
(asked on 19th March 2026) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, for what reason did Cambridgeshire and Peterborough Combined Authority not qualify for the Mayoral Revolving Growth Fund.
Answered by
Miatta Fahnbulleh
Parliamentary Under-Secretary (Housing, Communities and Local Government)
This question was answered on 26th March 2026
The Mayoral Revolving Growth Fund's place selection methodology is available online: Mayoral Revolving Growth Fund: policy statement - GOV.UK. This sets out that places were selected based on:
- their growth potential using Gross Domestic Product per head to measure distance from UK average productivity; and
- strategic, financial and risk management capability, evidenced by agreed shared Local Growth Plan priorities and readiness for an Integrated Settlement by 2026/27.
Based on those criteria, Cambridgeshire and Peterborough Combined Authority did not qualify for the fund.