Economic Situation: Nottinghamshire

(asked on 29th October 2025) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps she is taking to support the local economy in (a) Broxtowe and (b) Nottinghamshire.


Answered by
Lucy Rigby Portrait
Lucy Rigby
Economic Secretary (HM Treasury)
This question was answered on 6th November 2025

The government’s approach to regional growth will drive growth in towns, city regions and communities and make the most of the opportunities in each part of the country, to make everyone better off. There is excellence right across the country and this government is backing it: lifting living standards and putting more money in people’s pockets.

The region will benefit from the £2bn investment for the East Midlands Combined County Authority (EMCCA), delivering a new mass transit system to connect Derby and Nottingham. We have also recommitted £160m over 10 years for the East Midlands Investment Zone and confirming support for East Midlands Freeport. Local partners expect the East Midlands Investment Zone to generate £383m in private sector investment and deliver 4,200 jobs.

Further, as announced by the Chancellor at the recent Regional Investment Summit, Homes England will soon launch the procurement for a partner for the Broad Marsh regeneration project in Nottingham city centre, supported by the mayor Claire Ward.

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