This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
The City Deal with Preston, South Ribble and Lancashire is the first of the second wave of City Deals to get the go-ahead from government.
Preston, South Ribble and Lancashire have agreed a City Deal with central government that will see local leaders given the powers and levers to deliver growth and jobs in their communities.
The deal, signed today by Deputy Prime Minister Nick Clegg, Minister for Cities Greg Clark, local businesses and leaders from Preston City Council, South Ribble Borough Council and Lancashire County Council is the first of the second wave of City Deals to get the go ahead from government.
The Preston, South Ribble and Lancashire deal has been agreed following negotiation over several months. It will allow Preston and Lancashire to take forward 4 new road schemes, enabling over 17,000 new homes to be built, freeing up land for new development, and creating more than 20,000 jobs.