Drawing on all resources?
Article
The government is committed to rebalancing the economy, to be less reliant on the public sector, financial services and growth driven by the greater south east of England. Central to delivering this aspiration are the Local Enterprise Partnerships (LEPs), which are being formed by local government, business and other stakeholders. At the same time the Regional Development Agencies, which the previous government created to promote economic development, are being abolished.
If LEPs are to fulfil their remit of driving economic growth, it is essential that they draw fully on the resources available to them - whether financial, intellectual or practical. This is particularly important in the current context of reduced public spending.
Published in partnership with ACEVO
Related items
Harry Quilter-Pinner reacts to the Budget on GB News
Interim executive director Harry Quilter-Pinner reacts to the Budget with Jacob Rees Mogg on GB NewsZoë Billingham reacts to the Budget 2024 on Sky News
Zoë Billingham reacts to the Budget 2024 on Sky News live from Grimsby.Second round effects: Why the OBR is likely underestimating the growth effects of public investment
The Office for Budgetary Responsibility has outlined a new approach to modelling the growth impacts of public investment.