# Burnham unveils £700m million to drive re-industrialisation in latest devolution push

- URL: https://talkfuse.com/story/burnham-unveils-700m-million-to-drive-re-industrialisation-in-latest-devolution-push/
- Published: 2026-11-02T00:06:53+00:00
- Updated: 2026-11-02T02:12:24+00:00
- Original publisher: The Independent (publisher lean: Left)
- Original article: https://www.independent.co.uk/news/uk/politics/andy-burnham-devolution-strategic-sites-accelerator-b3077135.html
- Topics: Politics

## Key points

- £700 million will support up to 10 UK industrial and commercial sites.
- The scheme aims to attract £2 billion in private investment.
- New devolution plans would let mayors retain local income tax revenue.

## Summary

Andy Burnham has announced a £700 million Strategic Sites Accelerator to support industrial and commercial development, as part of a wider push to devolve powers and encourage growth across the UK. Mayors and local leaders will help choose up to 10 sites, with the aim of removing obstacles that have deterred investment.

The programme will provide support with planning, grid connections and finance, and aims to attract up to £2 billion in private investment and support tens of thousands of jobs over time. Glasgow, Burgess Hill and Sheffield are among the locations already being considered, with sectors including advanced manufacturing, technology, defence and life sciences. The announcement comes as the government advances new devolution agreements and plans for mayoral authorities to retain a share of local basic-rate income tax revenue from April 2028.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.