Government orders inspection of Tees Valley Combined Authority financial deal
1 report, 1 independent
Updated Thu 00:00
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What happened
The government announced a 'Best Value Inspection' into the Tees Valley Combined Authority and its complicated financial arrangements. This follows calls from Labour figures, including those led by Keir Starmer, for a National Audit Office inquiry into the private/public deal concerning the redevelopment of the Teesworks site.
Why it matters
The inspection addresses concerns over the joint venture deal, which the previous 2024 Tees Valley Review recommended renegotiating. The findings are expected to report by March next year and could have far-reaching consequences for major infrastructure projects, including Teesside Airport and the proposed Darlington north relief road.
Who's involved
- Andy BurnhamHis government supports greater devolution to mayors.
- Keir StarmerLabour figures led by him called for an inquiry into the Tees Valley Combined Authority deal.
Keep exploring
The entities involved
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Andy Burnham
British politician (born 1970)
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