Chancellor Rachel Reeves has announced up to £1.7 billion in new investment to supercharge regeneration across the North of England, giving metro mayors the powers and financial backing to break through planning barriers, accelerate major developments and unlock economic growth in the heart of the UK’s great northern cities.

The new funding is designed to help Mayors “bulldoze through roadblocks” that have stalled large‑scale regeneration schemes, from city‑centre housing and commercial developments to transport‑linked growth projects. It is expected to deliver new homes and career opportunities within a short commute for 9 million people living across the Northern Growth Corridor.