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£141.28m cash boost for London to help create local jobs and growth

Thursday 2 February 2017

Communities Secretary Sajid Javid today announced a third tranche of Growth Deal funding to Local Enterprise Partnerships of £141.28 million for London to help create jobs, support businesses and encourage growth.  This funding will include a new capital investment programme in Further Education, expected to launch in spring 2017.

Gavin Barwell, Minister of State for Housing, Planning and Minister for London, saw the benefits of the first phase of Growth Deal funding in action today, when he visited the Construction learning facility at Westminster Kingsway College.

On a tour led by Andy Wilson, CEO and Kim Caplin, Principal at Westminster Kingsway College, Gavin met Level 1 Construction and Plumbing students and took part in a soldering class with young people who are preparing for Traineeships and Apprenticeships with London employers. He also visited a painting and decorating class for students with learning difficulties and disabilities.

Gavin Barwell said: “London is recognised the world over as an economic powerhouse – we’re determined to secure its success for long into the future.

 “Today’s £141million funding for the capital will help deliver as many as 5,400 homes over the next five years, support projects to improve the environment at the heart of the city and help young Londoners learn a wide range of new skills.”

 This latest award of ‘Local Growth Funding’ is on top of £294 million of Growth Deals funding already awarded to the London Local Enterprise Partnership. This total investment could see 8,000 jobs created or safeguarded, 5,400 homes unlocked, and attract £352.4 million extra investment over the next 5 years.

 

 

Andy Wilson said: “We are delighted to welcome Gavin Barwell to Westminster Kingsway College today to see first-hand the impact investment in Further Education skills training can have on young people’s lives.

 “The construction learning facility at King’s Cross is vital to the local economy, providing employers with the workforce they need to meet the demands of the building sector in the future.”

 The Westminster Kingsway College Construction Skills Centre project has created 820m2 of construction and related workshops, covering specialist electrical and plumbing plus more generic construction skills.  Without this project the provision would have been lost from Camden, Islington and other London Boroughs.

Westminster Kingsway College, which is a member of the WKCIC Group, will launch its business to business arm – CCC Training with City and Islington College in February 2017. CCCT will operate alongside but autonomously from both colleges and be staffed by colleagues who are experienced in designing training and support which responds to the needs of business. Its early priorities include supporting employer clients through the introduction of the Apprenticeship Levy.

 

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