Rishi Sunak visited the construction site of the ARU Peterborough university campus in the city to see how £20 million of government investment will support its development.
The new university campus, based at the Embankment, will help boost Peterborough’s economic recovery, and help develop the skills needed for the future. ARU Peterborough is a partnership between the Cambridgeshire & Peterborough Combined Authority, Peterborough City Council and Anglia Ruskin University (ARU).
The Government’s investment will help develop phase 3 of ARU Peterborough which includes The Living Lab – the centrepiece of the new University Quarter Cultural Hub. ARU Peterborough is due to open in September 2022, to up to 2,000 students and will continue to develop over the decade.
Peterborough is one of the five places in the East of England which received a share of £87 million from the first round of the £4.8 billion Levelling Up Fund, as announced by the Chancellor in last month’s Budget.
The Chancellor also met business owners in the city centre, including Bean Around coffee shop on Cathedral Square, Niro Fashion in Cumbergate and Fleur by Lizz in Queensgate.