Nicholas Brown – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Nicholas Brown on 2015-10-20.

To ask Mr Chancellor of the Exchequer, what governance and accountability arrangements are proposed for the North East Investment Fund.

Greg Hands

On 23 October the Government signed a historic devolution deal with the North East Combined Authority. As part of the deal, and subject to the passage of the Cities and Local Government Devolution Bill through parliament, a new directly-elected Mayor for the North East will be created. The Mayor will chair the existing North East Combined Authority. Powers and responsibilities will be devolved from central government to the Mayor and Combined Authority.

Full details of the deal are available at: https://www.gov.uk/government/publications/north-east-devolution-deal

A detailed implementation plan will be agreed over the coming months between central government and the North East Combined Authority.