Richard Carr writes on the role LEPs should play in a Labour Government
Author: Richard Carr, Localis |
Local Enterprise Partnerships may not be the first thing people scan the forthcoming manifestos for or expect to see monopolise the TV debates, but they are about to play a pretty major role in our economy.
Introduced by the coalition in 2010, Chuka Umunna has pledged to keep them should Labour win power in two months time. From 2015/16 they will handle 2bn of additional central government money, and have a key role in determining where hundreds of millions of pounds of EU money is spent. In short, it is important they are got right.