Benefits for local businesses
Chesterfield Borough Council’s leader has pulled the council’s devolution bid to avoid an unnecessary waste of public money on a referendum called by Derbyshire County Council’s leader Councillor Barry Lewis.
Find out more about this decision here.
Please note: other information on this page may now be out of date, and will be amended.
Local business leaders are urging local residents to get behind the proposed Sheffield City Region devolution deal, outlining the benefits to the Chesterfield economy.
Peter Swallow is managing director of Bolsterstone Group Plc, based in Sheepbridge responsible for commercial and residential property development.
The company is one of the lead investors in Chesterfield Waterside and also acts as project manager for the scheme, which has already received £5.1 million funding from Sheffield City Region to build Basin Square, the commercial heart of the £300 million scheme, and to carry out the second phase of housing development on the site.
This will create more than 300 jobs in the borough.
As we went to press, work was expected to begin clearing the site for work to begin on building phase one of Basin Square, with tenants already being signed up for the office developments in the scheme.
Peter says: “Chesterfield’s position within the Sheffield City Region means we do a lot of business with neighbouring towns and cities in the region.
“Devolution will give the town a seat at a more influential ‘local’ table not to mention more control over our own financial affairs.
“It could also help bring potential funding to the area further boosting our ambitious plans for growth and development over the next 10 years.”
Paul Beeson, senior partner at Shorts Chartered Accountants on Ashgate Road agrees.
Shorts is the largest independent accountancy firm in Chesterfield and has an established reputation as reliable and forward thinking accountants, taxation and business advisers.
Paul explains: “Devolution is going to happen, so doing nothing is not an option.
“My view is that Sheffield City Region is definitely the one to go to because we have more synergies with Sheffield.
“We have offices in both Chesterfield and Sheffield and people in the business world tend to look north rather than south. We do very little business with companies based in either Derby or Nottingham.
“At the moment, the Sheffield City Region deal is the best one on the table.”
The view is shared by James Brand, managing director of United Cast Bar, which manufactures metal components at its foundry on Spital Lane.
He says: “I’ve never understood why Chesterfield is not more aligned with the Sheffield City Region.
“Devolution is the right thing to do – to have more local control over funding and services, it really makes more sense than having everything controlled by the Government. We are better placed geographically to be part of the Sheffield City Region devolution deal.
“We rely on Sheffield for resource and expertise in both our sub-contractors and suppliers because Sheffield is the heartland for metal.
“There is more focussed skills and training available in Sheffield than in either Derby or Nottingham so it really makes perfect sense.
“As a business, United Cast Bar would hope to benefit from a share of the £900 million of new funding coming into the region over the next 30 years – it will be good for local companies.
“When people hear that local companies have been successful in receiving funding, I am sure that they will be positive about the Sheffield City Region deal and the benefits that it brings to local people by providing jobs and boosting the local economy.”