Northern Ireland City Deals Resume After Budget Approval
Chancellor Rachel Reeves confirms the continuation of key growth deals in Northern Ireland, ending the funding pause and securing significant investment for regional development.
- The UK government has resumed funding for the Causeway Coast and Glens and Mid South West growth deals following a temporary pause earlier this year.
- Chancellor Rachel Reeves announced the decision during the budget presentation in the House of Commons, emphasizing support for rural growth and infrastructure.
- The deals are part of a £1.5 billion investment package aimed at boosting economic development and creating jobs across Northern Ireland.
- Stormont leaders had strongly opposed the funding pause and welcomed the decision as a victory for regional balance and economic advancement.
- Key projects, including the Centre for Food and Drug Discovery and the Industrial Decarbonisation Programme, will now proceed, promising significant economic returns and job creation.