Sheffield City Region secures £900 million in innovative devolution deal

Local politicians and business leaders have secured an in-principle deal with the Chancellor George Osborne to transfer national powers and control over funding from national Government departments to the Sheffield City Region – as well as securing a massive £900 million additional cash boost over the next thirty years to deliver major regeneration, infrastructure and business growth schemes.

The Chancellor, who with local leaders from the Sheffield City Region was in China last...