Liverpool City Region is set to receive a UK government funding package worth £1.5 billion over four years, marking a new chapter in devolution.

The new Integrated Settlement will replace more than 20 funding streams with a single multi-year package, enabling the Combined Authority and its six Local Authorities to plan more effectively over a longer period.

“The new system recognises the City Region’s track record of delivery since the Mayoral Combined Authority was established in May 2017,” said Liverpool City Region.

“The £1.5 billion package breaks down into £417m ‘revenue’ funding – for day-to-day spending over three years – and £1.1 billion ‘capital’ funding for big investments and major projects over four years.”

Liverpool City Region Combined Authority CEO Katherine Fairclough said: “This long-term Integrated Settlement marks a new chapter for our city region — a chance to think beyond the horizon and shape the future for generations to come. With certainty over funding, we can back bold ideas, unlock new opportunities, and work with our local councils to transform our communities at scale.

“This gives us the power to create the high‑skilled jobs of tomorrow, build more much-needed homes, and accelerate our journey towards a cleaner, fairer, more prosperous region. It’s about turning long‑held ambitions into tangible progress for every corner of the Liverpool City Region.”

The Integrated Settlement will give greater local control and a degree of increased flexibility across six key areas — economy, housing, skills, transport, environment, and health, wellbeing and public service reform.