The Government recently signalled that it intends to implement Lord Heseltine’s proposals to boost economic growth by devolving spending and responsibilities to the local level.
This includes a commitment from the Chancellor to introduce a Single Local Growth Fund of up to £49bn.
The Government has indicated it will include the key funding levers of skills, housing and transport, but has steered clear of precisely which parts of these budgets will be used or how much money will be involved. This event will explore:
- What minimum level of funding will be needed in the Single Local Growth Fund to make it a success?
- What criteria should be used for selecting which Whitehall budgets should be a priority to go into the pot?