The government has officially signed into law approval of the new East Midlands Combined County Authority (EMCCA) paving the way for £1.14 billion investment into the region and the first-ever East Midlands mayoral election in Derbyshire and Nottinghamshire on 2nd May.
East Midlands Chamber Chief Executive Scott Knowles said: “To see this now enshrined in law is such an exciting development in this journey toward devolution and the opportunity to finally address the under investment in the East Midlands by Whitehall and Westminster compared to any other region in the country.
“I’m certain there will be massive benefit to the East Midlands in so many things like employment, transport, housing and skills. We’ve watched this story develop for the last couple of years, with building anticipation and to now know the deal’s been sealed, that much-needed funding is actually coming to the East Midlands, to know that decisions can be made within the region itself is something to welcome with open arms.”