Government pumps 71m into ex-Labour seat Redcar to turn old steelworks into business zone for green energy & tech firms


MILLIONS to transform an old steelworks is the first cash injection to help level up Britain.

No10 yesterday revealed that 71million would be spent in Redcar an ex-Labour seat that is now held by the Tories.

The Government has pledged 71million to transform this old steelworks in the ex-Labour seat of Redcar

The money will help the site, which shut in 2015, turn into a business zone for green energy and tech companies.

Treasury minister Rishi Sunak said: This is our levelling-up agenda in action, as we back Teessides exciting ambitions to be a global trading centre with great jobs for world-leading industries.

Tees Valley Mayor Ben Houchen said: I have always said I would be the first to ask Government for more money when we needed it for the redevelopment of the former Redcar steelworks site.

So, after asking, Im pleased we will be receiving the 71m to help secure the site and accelerate its preparation for private sector investment.

This is another significant step to help us breathe new life into an area that was devastated following the closure of the steelworks.

The PM has vowed to spend billions boosting left-behind areas.


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