DARLINGTON has been confirmed as the new location for the Government’s new Treasury North.
Chancellor Rishi Sunak this morning told Treasury officials that they would be relocating from London to Darlington, beating off competition from Newcastle, Leeds and Bradford.
In the video, posted on Twitter by Lewis Goodall, Mr Sunak says: “We have decided to put the new economic campus in Darlington and I am really excited”.
During his Budget speech, Mr Sunak said: "I'm launching the first round of the levelling-up fund today.
"Along with other critical economic departments including Business Energy and Industrial strategy, Department for International Trade and MHCLG - Ministry of Housing, Communities and Local Government - we will establish a new economic campus in Darlington - redrawing out economic map means rebalancing our economic investment."
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Plans to bring Treasury North to the region have previously received cross party support from MPs, council leaders and other politicians. Hundreds of businesses and dozens of Northern MPs urging the Chancellor to bring the jobs to the Tees Valley.
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750 civil servants will be relocating from London in the coming months. Senior cabinet members including Cabinet Office minister Michael Gove and International Trade Secretary Liz Truss are said to be amongst those who have pushed for the relocation to Darlington.
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