£500 million fund to boost growth in North West Leicestershire

Local MP Andrew Bridgen has welcomed the launch of a £500 million fund aimed at reviving stalled building projects and creating new jobs across the country.

The Growing Places Fund, available to Local Enterprise Partnerships across England, will give local businesses and organisations the opportunity to make their own decisions and apply for the funding they need based on local priorities.

Andrew, MP for North West Leicestershire, said: “The £500 million Growing Places Fund will unlock much-needed local infrastructure and get the homes we need built.

“It will be the Local Enterprise Partnership, made up of the people and businesses who know the local area best, who will decide where this cash boost will be spent.

“This fund will make a real difference on the ground, improving the lives of local residents in North West Leicestershire and boosting the local economy. From building strategic link roads to reducing congestion, the investment will set businesses free and create jobs.”