Thirsk and Malton is to benefit from £800,000 of investment under the Government’s Getting Building Fund it has been announced today. The £900 million fund is part of the Conservative Government’s New Deal for Britain, an ambitious economic strategy to rebuild Britain after coronavirus, by putting skills and infrastructure investment at the heart of our economic recovery. In Thirsk and Malton the fund will be spent on the next phase of the Thornton Road Business Park in Pickering, which is currently home to a range of businesses and will provide much needed serviced employment land for northern Ryedale.
I worked closely with David Kerfoot, Chair of the York and North Yorkshire Local Enterprise Partnership and Ryedale District Council to secure the funds and so I am delighted with the news. I have long been a huge advocate of narrowing the gap between the North and the South and even more so now as we kickstart the economy and begin to recover from coronavirus. Never has the Conservatives’ agenda to level up the whole country been so important. That’s why I am delighted that here in Thirsk and Malton we will benefit directly from this government money helping to build the infrastructure our community needs and creating jobs over the months and years ahead. The Thornton Road Business Park project will enable businesses to grow, accommodate new jobs, contribute to diversifying the local economy and strengthen its resilience and without this grant the development could not go ahead.
More than 300 projects across the country which have been determined as ‘shovel ready’ have been allocated a share of the fund. In total the investment is expected to deliver up to 45,000 homes, create up to 85,000 jobs and reduce around 65 million kilograms of carbon dioxide emissions across England. It builds on the commitments made by Boris Johnson and the Conservatives during last year’s General Election to level up the whole country investing in infrastructure and communities across the whole country. The Prime Minister’s New Deal accelerated more than £5 billion of investment on infrastructure projects, including the Getting Building Fund, whilst the Chancellor has also recently set out a Plan for Jobs to support people in the wake of the coronavirus outbreak.
Communities Secretary, Robert Jenrick said “As we get Britain building we are also laying the foundations for a green economic recovery by investing in vital infrastructure for local communities, creating jobs and building environmentally-friendly homes with a huge £1.3 billion investment announced today. This government is determined to level up all parts of the country and this funding will not only give a much needed boost to our economic recovery but it will also help build the good quality affordable homes the country needs”.