More than 25 transport projects given green light in new £1 billion package Jan 26, 2024 Leaders have agreed a huge package of vital transport projects to transform the Tees Valley as part of a funding boost totalling almost £1billion. Tees Valley Mayor Ben Houchen and Cabinet Members of the Tees Valley Combined Authority backed the vision in a unanimous vote at Friday morning’s Cabinet meeting (26 January). The transport programme […] Posted by: Mya Driver Read more
Mayor commits to build new airport train station for local holidaymakers Jan 2, 2024 Tees Valley Mayor Ben Houchen has committed £20million to build a new fit-for-purpose railway station at Teesside International Airport. The investment will see a fully accessible station installed at the airport, allowing people to travel by rail from across the region to Teesside International. Tees Valley Mayor Ben Houchen said: “It is no secret that […] Posted by: Mya Driver Read more
Billingham Secures £20m in Levelling Up Funds, Poised for Economic Revitalisation Nov 20, 2023 Tees Valley Mayor Ben Houchen has welcomed the government’s announcement of a £20 million grant for Billingham from the Levelling Up Fund Round 3. This funding, aimed at job creation and redevelopment, is a significant boost for the town, building upon a previous £6 million allocation from Stockton Council. Mayor Houchen emphasised the importance of […] Posted by: Mya Driver Read more
MCR Property Group gets refinance for Luton Resi with £11m QIB UK deal Aug 24, 2023 MCR Property Group, one of the UK’s most prominent independent property investment and development companies, has successfully completed refinancing of the Stockwood Gardens residential scheme in Luton, under an £11m deal. This latest development for the leading independent property investment and development company marks a huge step forward in the Private Rental Sector (PRS) market […] Posted by: Mya Driver Read more
£90M investment planned in major projects at Ensus UK Jul 26, 2023 Ensus UK Ltd. can today (25th July 2023) announce that its parent company plans to invest around £90 million in a series of major projects at its biorefinery on Teesside. The projects will see production of a new high protein feed at the plant and improve the overall operational reliability and energy efficiency of all […] Posted by: Mya Driver Read more
Planning powers transfer to Middlesbrough and Hartlepool Mayoral Development Corporations Jun 1, 2023 Planning powers have officially transferred to Mayoral Development Corporations in Hartlepool and Middlesbrough today (1 June). Legislation was officially laid before Parliament for the towns’ respective Mayoral Development Corporations (MDCs) in February. Now the two MDCs have received powers to act as the determining authorities for planning applications submitted in the areas bound by the […] Posted by: Mya Driver Read more
Tees valley to be revealed as investment zone by chancellor Sep 23, 2022 The Tees Valley is set to become one of the first areas in the UK to pilot new economy-boosting Investment Zones designed to boost growth. The Chancellor of the Exchequer Kwasi Kwarteng is expected to make the announcement in the Government’s Growth Plan. Middlesbrough and Hartlepool are set be the first two areas put forward by the […] Posted by: Mya Driver Read more