Hull City Council will formally progress plans for its devolution deal after it was given authority to do so by Cabinet.
Hull and East Riding of Yorkshire Councils were named in the first wave of potential devolution deals when the Levelling Up White Paper was launched in February 2022.
The Minister for Levelling Up visited Hull and East Riding in March 2023 and has since written to the leaders of both councils with an invitation to enter negotiations for a deal which could bring significant investment funds to the area.
It would create a Combined Authority that acts as a strategic entity which would not replace either council, merely adding value at a more strategic and wider geographical level.