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‘City Deal’ for Cardiff is ‘Once in a Generation Opportunity’

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A multimillion-pound “city deal” of major investment for Cardiff is a “once in a generation” opportunity, Welsh Secretary Stephen Crabb has said. He urged the leaders of 10 south Wales councils to back the idea after calling them to a meeting in the city.

Cardiff council leader Phil Bale said a £500,000 fund is needed to develop a business case for a bid. The UK government said the funding depends on the Welsh government and councils paying a contribution. Prime Minister David Cameron told BBC Wales in May there was “very exciting potential” for a city deal for Cardiff, in which ministers would provide public money for transport schemes and other major projects.

SOURCE: bbc.co.uk