The Government are investing £155 million through the greater Lincolnshire local enterprise partnership’s growth deals. That includes £13 million for the Lincoln transport hub and £5 million for Lincoln medical school. Businesses are also supported by a local Lincoln growth hub. Additionally, Lincoln is set to benefit from the Government’s towns fund, which will provide up to £25 million of funding to support a thriving local economy in my hon. Friend’s beautiful city.
How significant and successful does the Minister foresee towns fund project bids of a transport type being in my constituency in enhancing the attractiveness of the city and benefiting all by putting residents first as well as those who work, set up businesses, study in and visit our lovely city and its environs?
I am obliged to my hon. Friend for his question, because strengthening transport connectivity is a principal focus for the towns fund and some £173,000 of capacity funding has been made available to his town deal board in Lincoln. Throughout the development of their investment plans, town boards should consider a range of interventions and commit investment to the priorities that drive growth and prosperity for their towns, and that, of course, includes transport.