Isle of Wight Set to Benefit from £1.3 Billion Regional Investment Through New Combined Authority

The Isle of Wight is set to play a key role in a new £1.3 billion regional investment programme as part of the Hampshire and Solent Combined County Authority, after legislation to create the body was laid in parliament on Monday, 16 March.

The authority, expected to be established in the coming months, will have devolved powers from central government to focus on transport, housing, skills, employment, strategic planning, and economic development.

Day-to-day services, including social care, waste management, and road maintenance, will remain under local council control.

Isle of Wight Council is working alongside Hampshire County Council, Portsmouth City Council, and Southampton City Council to finalise the operational framework.

Council leader Phil Jordan said the deal offers a “once‑in‑a‑generation chance” for the Island, saying:

“For the first time, we will have the resources and influence to drive the changes our Island has long deserved — better connections, new skills, good homes, and opportunities that keep our young people here. This is more than funding; it is confidence in our future.”

The devolution deal includes £44.6 million a year for 30 years for the combined authority, with the government providing 40% of the allocation — £17.84 million — each year until a regional mayor is elected in 2028.

Interim chief executive Dr Ruth Adams has been appointed, with temporary staff covering key roles including chief financial officer and monitoring officer.

The combined authority is expected to unlock significant opportunities for residents and businesses across the region, including the Isle of Wight, while supporting long-term economic growth and strategic investment.

More information on the Hampshire and Solent Combined County Authority can be found at hantsandsolent-ca.gov.uk.