Hull and East Yorkshire Local Enterprise Partnership has welcomed the proposed devolution deal for the region, pleased it now puts the area on equal terms with much of the North.
Formed following the Humber LEP split as government mandated single local authority representation, with North and North East Lincolnshire looking south to a Greater Lincolnshire - where terms have also been agreed - THE overriding task looks set to be met.
When appointed chair in January 2021, James Newman OBE had told how a mayoral devolution deal was a clearly defined outcome. Now it is welcoming the huge economic and social benefits to all the residents and businesses in the region it can bring.
Read more:
- Autumn Statement delivers for the Humber with devolution deals and freeport extension
- Business reaction to Hull and East Yorkshire devolution deal
Mr Newman said: “This news is a huge step forward for the economic prospects of the region. The mayor, when elected, will bring together the private, public, academic and voluntary sectors into a robust and effective partnership for the benefit of everyone who lives, works, studies, and invests into the region.
“For the first time in decades, the political leaders in the region have had the courage to work together, despite their political differences, for the benefit of the economy and the future of its residents.
“All businesses and everyone living in the region should applaud and unite behind the two council leaders and support their efforts to finalise negotiations with the government as quickly as possible.”
Cllrs Mike Ross (Hull) and Anne Handley (East Riding) got the draft proposal to government, with this week’s Autumn Statement bringing the approval, and a £400 million kitty over the next 30 years.
Most Read
Special full council meetings will be held next month, with consultation to follow, and if given a smooth ride, elections for the leading role are likely to be held in Spring 2025.
“The mayor will be the catalyst to bring together and capitalise on what is so good about the region, whether it be the heavy industrial and manufacturing businesses in Hull or the small retailer, rural or tourist businesses in East Riding,” Mr Newman said.
“Potential investors into the region will have increased confidence that this region, the º£½ÇÊÓÆµ leader in net zero technology and assets, will be a good place to invest in and provide the jobs the region so desperately needs.
“This is a momentous time for the region, a new economic dawn, which we cannot allow to fade.”