NWDA Funding Announcement–

The North West Development Agency have announced that they are to make in-year budget cuts of £52m.  This annoucement means that all non-committed projects will not receive funding in 2010/11. Talbot Gateway was one of the schemes that had requested funding for £23m from the NWDA. In response to this announcement the council and the EDC have released a statement saying that they and their partners remain fully committed to The Talbot Gateway scheme and that this annoncement is in no way a reflection of the viability of the scheme but rather a reflection of a change in process following the election of the Coilition government. We will now also be looking to bid into the new Regional Growth Fund for the monies to support the Talbot Gateway scheme as soon as it becomes clear how and when we are able to do this which we expect to be towards the end of this year.

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