The Government has confirmed today (Thursday 30 January) that
Greater Manchester will receive an historic new £630 million
funding settlement, as part of its trailblazing devolution deal.
The new integrated settlement replaces a system of separate
funding pots from different Government departments, and gives
Greater Manchester more freedom and flexibility to fund local
services and invest in our priorities.
It will also enable us to deliver our ambitious ten-year plan to
turbocharge growth and deliver tens of thousands of new homes and
jobs over the next decade.
Welcoming the new settlement, Mayor of Greater Manchester
Andy said:
“This is the biggest step yet on Greater Manchester's devolution
journey, and we are ready to crack on and deliver for our
residents.
“With more freedom and flexibility we can be even smarter about
funding local services. We can take a preventative approach,
getting to the root causes of the issues facing our communities
and delivering more practical everyday support.
“We've set out an ambitious long-term vision to deliver thousands
of new homes and jobs at a pace and scale not seen in the past 20
years. This game-changing integrated settlement will be the key
to unlocking that growth for generations to come.”
Read the Deputy Prime Minister's statement to the House of
Commons here.
Notes to editors
Further information about Greater Manchester's Integrated
Settlement is available here: Integrated settlements for
Mayoral Combined Authorities - GOV.UK