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Innovation. Influence. Information.
The Government has published its official and detailed response to the Lord Heseltine’s growth report, claiming to have accepted 81 of the 89 recommendations.
The response confirms the Government’s intention to establish a ‘Single Local Growth Fund’ and provides some detail of its design, but key decisions on its composition and size have been left to the outcome of the 2013 Spending Review.
This briefing will be of particular interest to executive members, cabinet portfolio members and senior officers with responsibilities for economic development, planning, transport, skills and regeneration.
The Rt. Hon. Eric Pickles MP, Secretary of State for Communities and Local Government, yesterday addressed the All Party Parliamentary Group on Local Government on the issue of economic growth.
Lord Heseltine has published his report on creating growth (“No Stone Unturned in pursuit of Growth”) which was commissioned by the Prime Minister.
He sets out what he sees as the structural flaws with the Country’s governance which weaken the potential for growth in both its relationship with local areas, local economies and the business sector.
He advocates passing more initiative for deciding how funding is spent from central government to a local level enabling local enterprise partnerships (and chambers of commerce) to take a holistic view of the challenges they face and develop local growth strategies grounded in the economic reality of their areas.
He believes that central government needs to become more strategic and much more confident in its actions, providing an overarching vision for how best to achieve growth in the UK economy.
In his recent Autumn Statement George Osborne said that the Government will formally respond to the 89 recommendations made by Lord Heseltine in the spring. In the meantime he has announced a number of measures to strengthen the role of Local Enterprise Partnerships (LEPs).
This briefing will be of interest to local authority cabinet and elected members and all senior executive officers in top-tier and district councils and to partners engaged in economic development. It is the latest in a series of briefings covering local growth issues.
The debate over local government finance has had a relatively low profile but it could effect radical changes to the political geography of this country. We welcome the ambition behind the plans after decades of consultation and debate which has more …