Rishi has delivered for Darlington - leaders hail decision as town lands Treasury hub
Political leaders heap praise on the successful campaigns which has given Darlington a seat at the top table
Updated
Get
the latest County Durham news and updates delivered straight to your inbox - sign up for free email updatesInvalid EmailSomething went wrong, please try again later.
Subscribe
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.
BBC News
Published
image captionThe new second headquarters will be home to 750 senior civil servants
Local businesses and officials have welcomed the news that a significant part of the Treasury is to relocate from London to Darlington.
The new base, which Chancellor Rishi Sunak announced in his Budget, will be home to 750 senior civil servants.
Heather Scott, leader of Darlington Council, described it as fantastic news for the area .
Peter Gibson, Darlington s Conservative MP, said it showed the government had faith and trust in the town.
The chancellor had been approached by civic leaders from across the north, with Bradford, Leeds and Newcastle also thought to have been in the running for the move.
Teesside leaders have their say as Budget freeport announcement is hailed
It has been hailed as a new chapter in Teesside s renaissance . but some have warned a freeport will be no silver bullet
Updated
The video will auto-play soon8Cancel
Play now
Subscribe
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.
Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice
Teesside s freeport status has been called a new chapter in the area s renaissance .
NORTH East leaders have called on the Chancellor to address the growing unemployment situation and extend furlough, ahead of Wednesday s Budget. Stockton North MP Alex Cunningham has called on the Chancellor to urgently address the dire situation of growing unemployment in his constituency. Newly released claimant figures from the House of Commons Library shows that there are now 4,510 people claiming unemployment related benefits in Stockton North – an increase of 1,465 compared to the same period in 2020. This amounts to 7.9 per cent of 16 to 64 year olds in the constituency – 1.5 per cent higher than the UK equivalent claimant rate. Of these 975 are aged 18 to 24 – a rise of 340 on January 2020.
Jessie Joe Jacobs is backing calls for a proposed £1bn investment fund for start-ups. Picture: SARAH CALDECOTT LABOUR has called for £1bn to be invested in 100,000 start-ups across the country in the next five years, strategically focusing on new businesses outside London and the South-East. The funding for start-up loans would prioritise new businesses in places that have experienced low levels of finance. They party said start-ups in the North-East have been particularly underfunded, with figures from the British Business Bank showing: l In 2019, new businesses in the North-East received just one per cent of equity investment in the UK while London received 66 per cent of investment.