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News : Preston City Deal bid gets green light
Council and business leaders have welcomed news that the Government has given the green light for Preston to secure a City Deal – supporting plans to create around 23,000 jobs in and around the city over the next decade. -
Executive<a href='http://council.lancashire.gov.uk/mgConvert2PDF.aspx?ID=24432' ></a> Summary
The proposed City Deal represents a once in a lifetime opportunity to transform the
long-term growth prospects of Preston and South Ribble and create lasting benefit
for Lancashire as a whole. The City Deal will lead to the creation of over 20,000 new
jobs, 15,000 new homes, and the generation of new economic activity valued at £1
billion over the next 10-years. It will also drive the delivery and maximise the
economic impact of the Lancashire Enterprise Zone.
The -
[City Deal worth £1bn will 'clear Preston's gridlock' ](http://www.bbc.co.uk/news/uk-england-lancashire-24070740)[City Deal will change the face of our region ](http://www.lep.co.uk/news/city-deal-will-change-the-face-of-our-region-1-6045854)[Preston City Deal to build new roads and create thousands of jobs and homes](https://www.gov.uk/government/news/preston-city-deal-to-build-new-roads-and-create-thousands-of-jobs-and-homes)
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