Mike Weatherley, the Conservative Member of Parliament for Hove and Portslade, has ushered in the historic signing of Brighton & Hove’s new City Deal as a game changer for the city and looks forward to serious economic growth in the near future.
Mike was instrumental in petitioning the Government to unlock over £170m of investment in Greater Brighton to create 8,500 jobs and grow its technology businesses. The Greater Brighton City Deal, which will be signed on Tuesday 11th March by the Government, leaders of local authorities and the Local Enterprise Partnership, will expand the technological base at New England House to make it a major centre for creative and digital businesses – which gives the city the chance to compete with other major tech clusters around the world.
The City Deal will also unlock cheaper and faster broadband for Brighton & Hove’s tech companies by creating a “Digital Exchange” in the heart of the city, where companies collaborate to use combined buying power to get faster broadband at lower prices. This is made possible as the Government has agreed to provide flexibility over how money from the Superconnected Cities fund is spent.
Commenting, Mike said: “The City Deal is an excellent opportunity for Brighton & Hove and its neighbours. I know that a lot of work has gone on behind the scenes and I am grateful to everyone who has made this deal possible. Looking forward, I have no doubt that Brighton & Hove will establish itself further as a regional power house as a direct result of this game changing initiative.”
Commenting, the Prime Minister said: ““Today’s City Deal is great for Brighton & Hove, growing and harnessing the digital and creative skills that the city is rightly renowned for. With more power and freedom to run the local economy in the way they see fit, local people will be able to make decisions that directly benefit Brighton & Hove’s businesses. And by supporting new and innovative businesses, Brighton & Hove’s deal will help us secure the nation’s recovery and deliver our long term economic plan.”
Greg Clark MP, Minister for Cities, added: “Brighton & Hove’s tech cluster has grown from very little 10 years ago to having 1,500 businesses today. It’s already making a huge impact on Brighton & Hove’s economic performance, and this City Deal will help accelerate its growth by ensuring that it can provide the space and infrastructure for high-value creative-technological businesses to grow. It can help turn Brighton & Hove into one of the most prosperous cities in the UK.”