Nigel Adams signs Coalfields Regeneration Trust pledge

Nigel Adams signs Coalfields Regeneration Trust pledge

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Nigel Adams MP, serving Selby and Ainsty, has shown his support for the 5.5m people living in former mining towns and villages. The MP took the time to sign a dedicated pledge book, which was presented by the Coalfields Regeneration Trust, during the Conservative Party Conference.

 

The pledge, which reads: “I pledge my support to the work of the Coalfields Regeneration Trust in delivering against its objectives to make a lasting and positive impact on the employment, skills and health of residents in former mining towns and villages”, asked MPs to sign their own specially printed page and to give their commitment to the regeneration of the coalfield communities.

 

Nigel Adams comments: “Working alongside organisations like the Coalfields Regeneration Trust and offering my support means that we can make changes that will benefit residents now and for future generations. An ongoing focus on employment, skills and health will give us the opportunity to identify where support is needed most to address the challenges that are still prevalent within former mining towns and villages.”

 

Head of Operations (England) for the Coalfields Regeneration Trust, Andy Lock comments: “Our aim for Conference was to engage with more MPs than ever before. We would like to thank Nigel Adams for taking the time to visit our stand and importantly to showing their ongoing support for the coalfields.

 

“The statistics still make for difficult reading but we know if we come together to combine our resources we can continue to tackle the ongoing issues, which typically focus on employment, skills and health.”

 

The Coalfields Regeneration Trust also took the chance to launch its Coalfield Investment Fund proposition to Government and minsters during the event where it made the case for a contribution of £30m to be combined with its own investment of £10m to establish the £40m fund. This will be used to develop new industrial space for SME’s in former mining areas and on completion bring an estimated 1,000 jobs to these communities.

 

As a result of the investment, over a 25-year period, the Coalfields Regeneration Trust will produce £50m in sustainable income which will be used to support social impact projects creating a wellbeing value of £500m to the communities and a lasting legacy for the next generation.

 

The annual income stream of £2m will be directed into social impact projects in the communities, typically achieving the following outcomes; 400 people will be helped back into work; 800 people supported into volunteering; 5,000 people assisted with developing new skills and 8,000 people taking part in activities that improve health.

 

Chief Executive of the Coalfields Regeneration Trust, Gary Ellis comments: “Our proposal offers Government a unique opportunity to invest in improving the social wellbeing of the former coalfield communities. It will deliver sustainable returns, providing exceptional indirect benefits including £17

per £1 invested. In addition, this will also result in £90 million of direct benefits from the government’s £30 million contribution.

 

“I would like to take this opportunity to thank Nigel Adams and all other MPs who signed our pledge book. It gives us a renewed focus and confidence that we can and will make a lasting and positive contribution to these communities that should not be forgotten.”