Local Growth Deals: Northern Ireland

(asked on 12th April 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding his Department has allocated to Northern Ireland for local growth deals in each year since the inception of those deals.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 15th April 2021

To date, the UK Government has committed up to £617 million for City and Growth Deals in Northern Ireland: £350m for Belfast City Region; £105m for Derry City and Strabane; £126m for Mid South West NI; and £36m for Causeway Coast and Glens.

Funding for City and Growth Deals in Northern Ireland, Scotland and Wales is provided and transferred by HM Treasury to the Devolved Administrations (DA), before being transferred to the local area. The transfer of funding is contingent upon Full Business Cases for specific projects within a Deal area being completed and approved by the UK Government (UKG) and the DA. Full Business Cases are usually completed after a Full Deal has been agreed and signed.

Although BEIS does not directly fund Deals, officials in the Department review business cases where an intervention is within the department’s policy remit on behalf of the UK Government to ensure projects are viable, sustainable and provide Value for Money.

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