City Deal: Southampton and Portsmouth
This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government
The City Deal for Southampton and Portsmouth is part of the second wave of City Deals to get the go-ahead from government.
The City Deal is between the government, local businesses and leaders from Southampton, Portsmouth and Hampshire councils and the Solent Local Enterprise Partnership.
The deal, being signed today (12 November) by Deputy Prime Minister Nick Clegg, Cities Minister Greg Clark, local authorities and business groups is part of the second wave of City Deals to get the go ahead from government.
The new deal will provide £953 million of investment into the Southampton and Portsmouth areas, creating more than 17,000 jobs.