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Investment into Cornish NHS trust announced in Budget

Investment into Cornish NHS trust announced in Budget

Published by the Pirate FM News Team at 2:27pm 11th March 2020. (Updated at 6:56am 12th March 2020)

Investment into the Royal Cornwall Hospitals NHS Trust are among the new plans announced at Wednesday's Budget meeting in the House of Commons.

Chancellor of the Exchequer, Rishi Sunak said he will provide the South West with new investment in vital transport links and affordable housing.

The investment outlined today also builds on ongoing work in the region to strengthen public services including £99.9 million to Royal Cornwall Hospitals NHS Trust to build a new Women’s and Children’s Hospital in the centre of the Royal Cornwall Hospital site in Truro.

“This is fantastic news for Cornwall. It means we will be able to build facilities to give the next generation the best start in life and bring together services so that our clinical teams can provide brilliant care. We can’t wait to get started!”

RCHT’s Chief Executive,  Kate Shields

“We are delighted that this significant funding has been approved and that we can look forward to seeing new and improved services for people. This will help us continue to develop and provide more and more services in our local communities and reinforces our decision to create one of our urgent treatment centres at West Cornwall Hospital.

“It is testament to the confidence our regulators and funders have in the progress we are making in creating a better and more integrated health and care service for Cornwall and the Isles of Scilly.

NHS Kernow’s Chief Officer Jackie Pendleton

Villages, towns and cities across the region will benefit from investment linking up transport in the South West and supporting business and community growth.

The scrapping business rates for a year will be welcomed by hundreds of small businesses in West Cornwall, according to Derek Thomas MP.

Derek Thomas
Derek Thomas MP

The Chancellor, Rishi Sunak MP, said he was abolishing business rates for all retail, leisure or hospitality businesses with a rateable value below £51,000.

This applies not only to shops, cinemas, restaurants and music venues as promised in the Conservative Manifesto, but also museums, art galleries, theatres, caravan parks, gyms, small hotels, B&Bs, sports clubs, night clubs, clubhouses and guest houses.  

In addition, Mr Sunak promised a £3,000 cash grant per business for any firm that is currently eligible for the small business rates relief – a £2 billion cash injection for 700,000 small businesses.

A long-time supporter of behalf of small businesses in recent years, Mr Thomas has led a dogged campaign to get Government to cut business rates for small shops and to reform business rates as well as launching initiatives such as town centres surveys and small shop of the year competitions in St Ives, Penzance and Helston and he said the Chancellor had gone further than expected in his measures.

“Small businesses are the heartbeat of the economy here in West Cornwall and the past few years have not been easy for many businesses as town centres have struggled against the twin threats of online shopping and out-of-town supermarkets with free parking.

“Scrapping business rates for a year will give these businesses a welcome boost and I am confident the Government will see the value of maintaining this in future years.”  

Derek Thomas, MP for St Ives, West Cornwall and The Isles of Scilly

The announcements for the South West include:

  • A five-year transport settlement for the West of England Combined Authority starting in 2022-23 which could fund a range of public transport, cycling and road upgrades.
  • £51 million for Plymouth including £35 million for an iconic new Central Park, cycling and walking bridge
  • £79 million for Bournemouth, Christchurch and Poole including funding for new cycle freeways and bus priority schemes
  • £219.8 million from the Housing Infrastructure Fund for the M5 Junction 10 improvements scheme in Cheltenham to unlock nearly 9,000 homes
  • A share of £100 million seed funding from the Health Infrastructure Plan, with seven schemes in the South West: Dorset Healthcare NHS Foundation Trust; North Devon Healthcare NHS Trust; Plymouth Hospitals NHS Trust; Royal Cornwall NHS Foundation Trust; Royal United Bath NHS Foundation Trust; Taunton and Somerset NHS Foundation Trust; Torbay and South Devon Health Care NHS Foundation Trust.
  • A share of £2.7 billion for strategic road schemes over the next five years, including the A303 Stonehenge and A417 Air Balloon;
    International Trade advisers focused on the South West to provide personalised support to exporters in the region;
  • Nearly £150 million flood and coastal defence funding for Poole, Bridgwater and Gloucester to better protect over 7,000 properties;
    Plymouth has successfully bid for £3 million to fund full fibre broadband.

“This Budget delivers on our promises to the British people and lays the foundation for a decade of growth across all parts of the UK.

“We will level up the South West by connecting all corners of this region, from rural communities to busy cities, unlocking thousands of homes and improving broadband coverage.

“We are making record investments in infrastructure, the NHS and public services to bring security today and a plan for prosperity tomorrow so we can unleash the potential of people across the country.

“But most of all, this Budget proves we are a government that tackles the big issues and gets things done. And we will continue to get things done to ensure opportunity is there for everyone in every corner of the country.

Rishi Sunak, The Chancellor of the Exchequer

The Chancellor also announced a package of measures to tackle the impact of the Covid-19 outbreak on the UK economy, with the Government providing additional funding, support for public services and vulnerable people, and reducing the costs for businesses.

The Chancellor set out his Budget coming from a position of economic strength across the region, which has the highest employment rate in the country at 80% and there are 147,000 more businesses than in 2010.

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