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David welcomes new fund to kick start local growth

September 23, 2011 5:37 PM

David Ward MP has welcomed a new "Growing Places Fund" aimed at boosting local infrastructure projects. The Broadway site

The announcement by the Liberal Democrat Chief Secretary to the Treasury, Danny Alexander, could mean that Bradford will be able to bid for a half a billion pound pot of funding to help kick start the stalled redevelopment of the city centre.

Commenting David Ward MP said:

"Although the fine details of this fund have yet to be released this is a very promising announcement.

"I will be pressing Bradford Council and the Local Enterprise Partnership to do everything they can to take advantage of this new opportunity to boost Bradford's economy in the coming months.

"I hope that this will be a chance to break the log jam on the city centre development so that we can restore confidence in Bradford and create much needed jobs for Bradford residents."

Speaking at the Liberal Democrat Autumn Conference Danny Alexander said:

"Across the country, projects are being held back by tough market conditions, difficult cash flow and a lack of confidence. Projects where people could be working but aren't.

"That is why I'm announcing today the creation of a new Growing Places Fund. Half a billion pounds that will kick start developments that are currently stalled[...] Putting local areas in the driving seat, to boost the local economy and get people into work."

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