Devolution delivers new homes for Peterborough

As part of the devolution deal across Cambridgeshire and Peterborough the government committed to a housing fund of £100million to be spent over the next five years.

The fund will be spent across the area to build more properties including affordable homes.

I was pleased to secure such a large fund to support residents, especially as the original offer from government was to be spent across all of Cambridgeshire, Peterborough, Suffolk and Norfolk!

Details have been announced this week of the first projects, subject to approval, that are set to benefit from this funding that was only available as part of a devolution deal for the area.


Local good causes to be supported by Peterborough Lottery

You may have heard rumours that there are plans to launch a Peterborough Lottery with proceeds supporting local community groups and charities.

I’m pleased to tell you it’s true and on Monday the council’s cabinet approved the plans. This would be a low-cost, low-risk community lottery where 60 per cent of funds raised go to good causes.  The rest will go towards prizes and running the project.

We will not take a penny of the profits made from the lottery, but it will allow us to spend less of our ever dwindling budget on community grants. That way we have more money to spend on the services that we have a duty to provide for our residents, in particular protecting and caring for the elderly, young and vulnerable.

Tickets would be sold online for £1 and the draw would be weekly with a guaranteed jackpot of £25,000 and a range of smaller prizes on offer too.


Peterborough is leading on the digital front

On Monday Peterborough was highlighted as an example of a city leading the way in providing fast internet speeds to launch the Government’s new Digital Infrastructure Investment Fund.

Exchequer Secretary to the Treasury, Andrew Jones MP, chose Peterborough because of our successful partnership with CityFibre to develop the city’s full fibre networks, offering internet speeds 100 times faster than the UK average.

The new fund, which will unlock more than £1 billion, will look to replicate nationally what we have achieved in Peterborough. As the UK’s first Gigabit City, we have 300 sites connected to full fibre networks including schools, council buildings and CCTV cameras, as well as 4,000 businesses.

We know there is still work to do to achieve fast internet speeds city-wide, to all residents and rural areas, and the new fund could help us to finance the further extension of the network to these areas.