Analysis of the latest UK and international economic indicators
Documents to download
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City Deals (396 KB, PDF)
City deals are bespoke packages of funding and decision-making powers negotiated between central government and local authorities and/or Local Enterprise Partnerships and other local bodies.
Between July 2012 and August 2014, 26 City Deals were agreed. The first wave, completed in July 2012 covered the 8 largest English cities outside London; the second wave, completed in July 2014 covered the next 14 largest English cities and their wider areas, as well as the next 6 English cities and areas with the highest population growth between 2001 and 2010.
In a one-off deal in August 2014, Glasgow and the Clyde Valley became the first area outside England to agree a deal.
In 2016, deals were agreed with Aberdeen, Cardiff and Inverness.
In 2017, deals were agreed with the Swansea Bay area and Edinburgh and South East Scotland.
In 2018, a deal for Stirling and Clackmannanshire was finalised.
Funding has been confirmed for deals in Tayside and the Belfast City Region.
The 2018 Budget saw the government commit to begin negotiations for a deal covering a Derry City and Strabane District Council area – as yet, a Heads of Terms agreement detailing specific funding for city deal projects has not been published.
Documents to download
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City Deals (396 KB, PDF)
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The coronavirus outbreak has impacted the UK economy in many ways. The magnitude of the recession caused by the virus is unprecedented in modern times. This briefing examines the economic impact of the crisis to date and outlines the key issues for the outlook. It summarises policy measures introduced to mitigate the economic effects of Covid-19 and details the impact on the public finances.
