Mayors and local leaders work with No10 North to drive search for 'top 10' biggest strategic investment sites across country
What was announced
The Business Secretary has announced a £700 million government funding package to unlock up to 10 major industrial and commercial sites across the UK.
Key points, in the publisher's words
- Tens of thousands of jobs and up to £2 billion in private investment over time will be targeted across the UK, as our regions are backed with a £700 million package of support to help drive reindustrialisation.
- Starting today [Monday 2 November], the Strategic Sites Accelerator will deploy around £700 million alongside expert support to help unlock up to 10 major industrial and commercial sites across the country, helping some of the UK’s most promising investment opportunities get off the ground.
- The Accelerator will focus on commercially viable sites with strong investor demand, where government backing can help overcome the barriers stopping development from moving ahead.
Figures in this announcement
Each line is quoted from the original. Figures are as the publisher stated them on the day.
- “The Strategic Sites Accelerator will deploy around £700 million, alongside expert support to tackle barriers including planning, grid connections and access to finance.”
- “Programme aims to crowd in up to £2 billion in private investment and could support tens of thousands of jobs over time.”
- “Tens of thousands of jobs and up to £2 billion in private investment over time will be targeted across the UK, as our regions are backed with a £700 million package of support to help drive reindustrialisation.”
- “Starting today [Monday 2 November], the Strategic Sites Accelerator will deploy around £700 million alongside expert support to help unlock up to 10 major industrial and commercial sites across the country, helping some of the UK’s most promising investment opportunities get off the ground.”
- “This £700 million package is helping break down the barriers to local growth, so people can feel the benefits of a growing economy and love where they live.”
- “Jobs in tech and digital in particular can attract salaries upwards of £45,000 – well above the UK national average.”
Who and where
People
- Chris McDonald (MP for Stockton North (Labour)) · more news
- John Healey (MP for Rawmarsh and Conisbrough (Labour)) · more news
- Jonathan Reynolds (MP for Stalybridge and Hyde (Labour (Co-op))) · more news
UK bodies of power
- Department for Business, Innovation, Science and Trade (UK government department) · more news
- Office for Investment (sub organisation) · more news
- National Wealth Fund (executive non-departmental public body) · more news
Constituencies of the MPs named: Stockton North, Rawmarsh And Conisbrough, Stalybridge And Hyde.
Where this sits in the 10 levels of power
Topics, as GOV.UK files them: Industrial strategy, Science and innovation, Inward investment.
Receipt
- Original: https://www.gov.uk/government/news/mayors-and-local-leaders-work-with-no10-north-to-drive-search-for-top-10-biggest-strategic-investment-sites-across-country
- Published 2026-11-02 00:01:00 UTC
- Read by this site 2026-11-02 00:15:12 UTC from GOV.UK
- Saved copy: receipt 6440, with its SHA-256 fingerprint
Contains public sector information licensed under the Open Government Licence v3.0.
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