Please allow ads as they help fund our trusted local news content.
Kindly add us to your ad blocker whitelist.
If you want further access to Ireland's best local journalism, consider contributing and/or subscribing to our free daily Newsletter .
Support our mission and join our community now.
Subscribe Today!
To continue reading this article, you can subscribe for as little as €0.50 per week which will also give you access to all of our premium content and archived articles!
Alternatively, you can pay €0.50 per article, capped at €1 per day.
Thank you for supporting Ireland's best local journalism!
Causeway Coast and Glens Growth Deal welcome recommitment from NI Executive
Pressure is mounting on the UK Government to lift its pause on the two Growth Deals
Causeway Coast and Glens Borough Council
Reporter:
Staff Reporter
08 Oct 2024 9:30 AM
Email:
news@derrynow.com
Causeway Coast and Glens BoroughCouncil have welcomed a recommitment from the Northern Ireland Executive to its share of investment in their Growth Deal.
Pressure is mounting on the UK Government to lift its pause on the two Growth Deals after Executive Ministers agreed to stand by their pledges of £162m capital funding for the two Growth Deals and £100m Complementary Fund.
The Executive agreed the move recommended by Finance Minister Caoimhe Archibald during a meeting on Wednesday 2 October. Growth Deal Councils were informed by the Minister in a letter on Friday. Minister Archibald also raised the Growth Deals with the Chief Secretary to the Treasury Darren Jones on Thursday. It is understood that the Secretary of State for Northern Ireland Hilary Benn will meet with Mr Jones later this week to discuss the issue.
Chair of the MSW Region Governance Steering Group, Kevin Savage said:
“It is hugely reassuring that the Executive is standing by its Growth Deal commitments. Our Growth Deal is vital to boosting economic performance and it will provide the platform to support many of our businesses adapt to the challenges and opportunities from the need to be more innovative, environmentally and economically sustainable.
“We need all the promised funding to fully deliver transformational change and we now look to the UK Government with the simple message, lift the pause on our growth and recommit to supporting us now."
Causeway Coast and Glens Borough Council’s Chief Executive David Jackson said:
“We welcome the support of the Northern Ireland Executive in standing by its commitment to the Growth Deals and we now ask the UK Government to live up to the commitment that it made in signing our Heads of Terms Agreement in April to help to deliver a fundamental change to the Causeway Coast and Glens economy.
“The UK Government money will be invested in two of the council area’s largest innovation projects, which will increase skills and employability, create high value jobs and attract foreign direct investment, and will complement the NI Executive funded projects focused on regeneration and improved tourist infrastructure.
“These projects will not only benefit Northern Ireland but also strengthen the UK's reputation as a global leader in innovation and so we call on the Government to lift the pause on our growth and allocate the money in the Autumn Budget.”
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
4
To continue reading this article, please subscribe and support local journalism!
Subscribing will allow you access to all of our premium content and archived articles.
Subscribe
To continue reading this article for FREE, please kindly register and/or log in.
Registration is absolutely 100% FREE and will help us personalise your experience on our sites. You can also sign up to our carefully curated newsletter(s) to keep up to date with your latest local news!
Subscribe or register today to discover more from DonegalLive.ie
Buy a paper
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.