LEP funding will make a difference

Dec 06, 2012


Chancellor of the Exchequer George Osborne has signalled to regional cities that powers could be coming their way, said Mr Matthewman. 
 “At last we are seeing some real promises coming from the government in relation to local empowerment.
“Many criticisms laid at the door of the Local Enterprise Partnerships have been to do with a lack of funding, but as the Chancellor announced in his speech, spending aligned to transport, housing and skills, is set to fall within their remit.
“With an invitation to bid for funds, LEPs across the region now have a real opportunity to push forward their strategies and present a strong case for why regional empowerment in key growth-related areas, is crucial.
“Given we have several LEPs operating within a single economic and employment zone, it is vital that we come together to represent a wider city region with a single voice.”
He welcomed the announcement by the Chancellor of additional funding to support the work of UKTi. 
Mr Matthewman said: “As the Chancellor rightly pointed out, our work now is about positioning us to take advantage of the global economy and all the opportunities that presents for the development and growth of the UK as a whole."
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